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Use the debt beta table to estimate the asset beta of Southwest Airline. By rating A and above BBB BB B CCC Average beta <
Use the debt beta table to estimate the asset beta of Southwest Airline.
| By rating | A and above | BBB | BB | B | CCC |
| Average beta | < 0.05 | 0.1 | 0.17 | 0.26 | 0.31 |
| Company Name | Market Capitalization ($ million) | Total Enterprise Value ($ million) | Equity Beta | Debt Ratings |
| Delta Air Lines (DAL) | 4962.1 | 16995.7 | 1.999 | BB |
| Southwest Airlines (LUV) | 4885.9 | 6324.4 | 0.965 | A/BBB |
| JetBlue Airways (JBLU) | 1258.3 | 3898.7 | 1.929 | B/CCC |
| Continental Airlines (CAL) | 1130.2 | 4448.6 | 2.062 | B |
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International Finance Exchange Rates And Financial Flows In The International Financial System
Authors: Heather D. Gibson
1st Edition
0582218128, 978-0582218123
