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Financial Analysis Trent Davis  |  Tad Kilburn  |  Greg Williams
 
 
Analyzing Airlines
LUV Company Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
LUV Service Map
JBLU Company Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
JBLU Service Map
DAL Company Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
DAL Service Map
Sizing Up the Airlines ,[object Object],[object Object],[object Object]
 
Operating Revenues
Expenses: Fuel and Oil Fuel and Oil   2009 % of Rev. 2008 % of Rev. 2007 % of Rev. 2006 % of Rev. 2005 % of Rev. Southwest 3044  29.41% 3713  33.68% 2690  27.28% 2138  23.53% 1341  17.68% JetBlue 945  28.76% 1397  41.23% 968  34.06% 786  33.26% 514  30.22%
Expenses: Salaries, Wages, and Benefits Salaries, Wages, and Benefits   2009 % of Rev. 2008 % of Rev. 2007 % of Rev. 2006 % of Rev. 2005 % of Rev. Southwest 3468  33.51% 3340 30.30% 3213 32.58% 3052 33.59% 2782 36.68% JetBlue 776 23.62% 694 20.48% 648 22.80% 553 23.40% 428 25.16%
Expenses: Landing Fees and Other Rents Landing Fees and Other Rents   2009 % of Rev. 2008 % of Rev. 2007 % of Rev. 2006 % of Rev. 2005 % of Rev. Southwest 718  6.94% 662 6.01% 560 5.68% 495 5.45% 454 5.99% JetBlue 213 6.47% 199 5.87% 180 6.33% 158 6.69% 112 6.58%
Net Income/Loss – Common Size Net Income (loss)   2009 % of Rev. 2008 % of Rev. 2007 % of Rev. 2006 % of Rev. 2005 % of Rev. Southwest 99  0.96% 178 1.61% 645 6.54% 499 5.49% 484 6.38% JetBlue 58 1.77% -85 -2.51% 12 0.42% -7 -0.30% -25 -1.47%
 
Cash and Cash Equivalents
Receivables, Less Allowances
Total Current Assets
Total Current Liabilities
Property and Equipment
Accounts Payable
Air Traffic Liability
Current Maturities of Long Term Debt/Leases
Long Term Debt and Lease Obligations
Treasury Stock
 
 
Elements of Market Value ,[object Object],[object Object],[object Object]
 
Market Value and Book Value Comparison
 
 
 
Net Profit Margins ,[object Object],[object Object],[object Object]
Accounts Receivable Turnover ,[object Object],[object Object],[object Object]
Days in Accounts Receivable ,[object Object],[object Object],[object Object]
Current Ratio ,[object Object],[object Object],[object Object]
Assets and Liabilities
Quick Ratio
 
Return on Assets and Equity
Return on Assets and Equity
Return on Assets and Equity
Long Term Debt ,[object Object],[object Object],[object Object]
Interest Coverage ,[object Object],[object Object],[object Object]
Conclusions and Questions ,[object Object],[object Object],[object Object]

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Southwest Airlines Accounting Analysis

Editor's Notes

  1. How has market value changed, and why?