Help me calculate price to earning ratio and also market to book ratio. Thank you
Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) December 31, 2018 ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts and other receivables Inventories of parts and supplies, at cost Prepaid expenses and other current assets Total current assets 1,854 1.835 568 461 310 5.028 Property and equipment, al cost: Flight equipment Ground property and equipment Deposits on flight equipment purchase contracts Assets constructed for others 21.753 4,960 775 1.768 29.256 9,731 19,525 970 720 26.243 Less allowance for depreciation and amortization Goodwill Other assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued liabilities Air traffic liability Current maturities of long-term debt Total current liabilities 1.416 1.749 4.134 606 7.905 2.771 936 1.701 650 2.427 Long-term debt less current maturities Air traffic liability - noncurrent Deferred income taxes Construction obligation Other noncurrent liabilities Stockholders' equity: Common stock, $1.00 par value: 2,000,000,000 shares authorized; 807,611,634 shares issued in 2018 and 2017 Capital in excess of par value Retained earnings Accumulated other comprehensive income Treasury stock, at cost: 255,008.275 and 219,060,856 shares in 2018 and 2017 respectively Total stockholders' equity 808 1,510 15.967 20 (8,452) 9.853 26,243 Southwest Airlines Co. Consolidated Statement of Income (in millions, except per share amounts) 2018 $ OPERATING REVENUES: Passenger Freight Other Total operating revenues 20,455 175 1,335 21,965 OPERATING EXPENSES: Salaries, wages, and benefits Fuel and oil Maintenance materials and repairs Landing fees and airport rentals Depreciation and amortization Other operating expenses Total operating expenses 4,616 1,107 1,334 1,201 2,852 18,759 OPERATING INCOME 3,206 OTHER EXPENSES (INCOME): Interest expense Capitalized interest Interest income Other (gains) losses, net Total other expenses (income) INCOME BEFORE INCOME TAXES PROVISION (BENEFIT) FOR INCOME TAXES NET INCOME 3,164 699 2.465 $ See accompanying notes. Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) December 31, 2018 ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts and other receivables Inventories of parts and supplies, at cost Prepaid expenses and other current assets Total current assets 1,854 1.835 568 461 310 5.028 Property and equipment, al cost: Flight equipment Ground property and equipment Deposits on flight equipment purchase contracts Assets constructed for others 21.753 4,960 775 1.768 29.256 9,731 19,525 970 720 26.243 Less allowance for depreciation and amortization Goodwill Other assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued liabilities Air traffic liability Current maturities of long-term debt Total current liabilities 1.416 1.749 4.134 606 7.905 2.771 936 1.701 650 2.427 Long-term debt less current maturities Air traffic liability - noncurrent Deferred income taxes Construction obligation Other noncurrent liabilities Stockholders' equity: Common stock, $1.00 par value: 2,000,000,000 shares authorized; 807,611,634 shares issued in 2018 and 2017 Capital in excess of par value Retained earnings Accumulated other comprehensive income Treasury stock, at cost: 255,008.275 and 219,060,856 shares in 2018 and 2017 respectively Total stockholders' equity 808 1,510 15.967 20 (8,452) 9.853 26,243 Southwest Airlines Co. Consolidated Statement of Income (in millions, except per share amounts) 2018 $ OPERATING REVENUES: Passenger Freight Other Total operating revenues 20,455 175 1,335 21,965 OPERATING EXPENSES: Salaries, wages, and benefits Fuel and oil Maintenance materials and repairs Landing fees and airport rentals Depreciation and amortization Other operating expenses Total operating expenses 4,616 1,107 1,334 1,201 2,852 18,759 OPERATING INCOME 3,206 OTHER EXPENSES (INCOME): Interest expense Capitalized interest Interest income Other (gains) losses, net Total other expenses (income) INCOME BEFORE INCOME TAXES PROVISION (BENEFIT) FOR INCOME TAXES NET INCOME 3,164 699 2.465 $ See accompanying notes
