Southwest Airlines Company Defensive Interval Ratio
Southwest Airlines Company defensive interval ratio. Southwest Airlines Company (LUV) has a Defensive Interval Ratio of 50 days as of March 2026. Defensive assets of $1.70 Billion (cash $-, short-term investments $450.00 Million, receivables $1.25 Billion) cover 50 days of daily cash needs of $34.20 Million/day. Explore Southwest Airlines Company long-term investment allocation to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Southwest Airlines Company (1985–2025)
Defensive interval ratio of Southwest Airlines Company from 1985 to 2025. This chart shows how Southwest Airlines Company's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 50 days, meaning defensive assets of $1.70 Billion can fund 50 days of operations without new revenue. Read Southwest Airlines Company (LUV) total liabilities for a breakdown of total debt and financial obligations.
Southwest Airlines Company Defensive Interval Ratio by Year (1985–2025)
Southwest Airlines Company defensive interval ratio by year from 1985 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Southwest Airlines Company from 1985 to 2025, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see LUV total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 146 days | $4.38 Billion | $29.92 Million/day | $3.23 Billion | $0.00 | ▼ -146 days |
| 2024 | 292 days | $9.84 Billion | $33.63 Million/day | $7.51 Billion | $1.22 Billion | ▼ -84 days |
| 2023 | 376 days | $12.63 Billion | $33.58 Million/day | $9.29 Billion | $2.19 Billion | ▼ -93 days |
| 2022 | 469 days | $13.33 Billion | $28.43 Million/day | $9.49 Billion | $2.80 Billion | ▼ -203 days |
| 2021 | 672 days | $16.86 Billion | $25.11 Million/day | $12.48 Billion | $3.02 Billion | ▼ -32 days |
| 2020 | 703 days | $14.46 Billion | $20.56 Million/day | $11.06 Billion | $2.27 Billion | ▲ +493 days |
| 2019 | 210 days | $5.16 Billion | $24.53 Million/day | $2.55 Billion | $1.52 Billion | ▲ +14 days |
| 2018 | 197 days | $4.26 Billion | $21.66 Million/day | $1.85 Billion | $1.83 Billion | ▼ -11 days |
| 2017 | 208 days | $3.94 Billion | $18.92 Million/day | $1.50 Billion | $1.78 Billion | ▲ +3 days |
| 2016 | 205 days | $3.85 Billion | $18.75 Million/day | $1.68 Billion | $1.62 Billion | ▲ +110 days |
| 2015 | 96 days | $1.94 Billion | $20.29 Million/day | $- | $1.47 Billion | ▼ -32 days |
| 2014 | 128 days | $2.07 Billion | $16.23 Million/day | $- | $1.71 Billion | ▼ -15 days |
| 2013 | 143 days | $2.22 Billion | $15.55 Million/day | $- | $1.80 Billion | ▼ -29 days |
| 2012 | 172 days | $2.19 Billion | $12.74 Million/day | $- | $1.86 Billion | ▼ -39 days |
| 2011 | 210 days | $2.61 Billion | $12.42 Million/day | $- | $2.31 Billion | ▼ -63 days |
| 2010 | 273 days | $2.47 Billion | $9.05 Million/day | $- | $2.28 Billion | ▲ +48 days |
| 2009 | 225 days | $1.65 Billion | $7.33 Million/day | $- | $1.48 Billion | ▲ +141 days |
| 2008 | 84 days | $644.00 Million | $7.69 Million/day | $- | $435.00 Million | ▲ +20 days |
| 2007 | 64 days | $845.00 Million | $13.25 Million/day | $- | $566.00 Million | ▼ -13 days |
| 2006 | 77 days | $610.00 Million | $7.91 Million/day | $- | $369.00 Million | ▲ +29 days |
| 2005 | 48 days | $509.00 Million | $10.54 Million/day | $- | $251.00 Million | ▲ +6 days |
| 2004 | 42 days | $248.00 Million | $5.87 Million/day | $- | $- | ▲ +14 days |
| 2003 | 28 days | $132.00 Million | $4.72 Million/day | $- | $- | ▼ -17 days |
| 2002 | 45 days | $175.00 Million | $3.93 Million/day | $- | $- | ▲ +33 days |
| 2001 | 12 days | $71.28 Million | $6.13 Million/day | $- | $- | ▼ -27 days |
| 2000 | 39 days | $138.07 Million | $3.56 Million/day | $- | $- | ▲ +10 days |
| 1999 | 29 days | $75.04 Million | $2.63 Million/day | $- | $- | ▼ -10 days |
| 1998 | 38 days | $88.80 Million | $2.33 Million/day | $- | $- | ▲ +6 days |
| 1997 | 32 days | $76.53 Million | $2.38 Million/day | $- | $- | ▼ -3 days |
| 1996 | 35 days | $73.44 Million | $2.10 Million/day | $- | $- | ▼ -13 days |
| 1995 | 48 days | $79.80 Million | $1.67 Million/day | $- | $- | ▼ -5 days |
| 1994 | 53 days | $75.70 Million | $1.43 Million/day | $- | $- | ▼ -1 days |
| 1993 | 54 days | $70.50 Million | $1.31 Million/day | $- | $- | ▲ +2 days |
| 1992 | 51 days | $51.80 Million | $1.01 Million/day | $- | $- | ▼ -15 days |
| 1991 | 67 days | $47.50 Million | $712.05K/day | $- | $- | ▼ -4 days |
| 1990 | 71 days | $43.90 Million | $617.53K/day | $- | $- | ▲ +0 days |
| 1989 | 71 days | $38.00 Million | $536.71K/day | $- | $- | ▼ -18 days |
| 1988 | 88 days | $37.00 Million | $418.90K/day | $- | $- | ▼ -55 days |
| 1987 | 143 days | $44.10 Million | $307.67K/day | $- | $- | ▼ -4 days |
| 1986 | 148 days | $33.50 Million | $226.85K/day | $- | $- | ▼ -14 days |
| 1985 | 162 days | $31.90 Million | $196.99K/day | $- | $- | — |