Using the balance sheet and income statenent of Southwest Airlines from 2014-2015. Provide the following ratios

you must show your work

Net Profit Margin

Current Ratio

Debt Equity

Inventory Turnover or Price Earnings

Provide an explanation about the relevance of ratio as well as whether or not it is a strength or weakness

http://www.nasdaq.com/symbol/luv/financials?query=balance-sheet

Income Statement Balance Sheet Cash Flow Financial Ratios Annual Income Statement (values in 000's) Get Quarterly Data Period Ending: Trend 12/31/2015 12/31/2014 12/31/2013 12/31/2012 Current Assets Cash and Cash Equivalents $1,583,000 $1,282,000 $1,355,000 $1,113,000 Short-Term Investments $1,468,000 $1,706,000 $1,797,000 $1,857,000 Net Receivables $474,000 $365,000 $587,000 $578,000 Inventory $311,000 $342,000 $467,000 $469,000 Other Current Assets $188,000 $232,000 $250,000 $210,000 Total Current Assets $4,024,000 $3,927,000 $4,456,000 $4,227,000 Long-Term Assets Long-Term Investments $0 $0 $0 $0 Fixed Assets $15,601,000 $14,292,000 $13,389,000 $12,766,000 Goodwill $970,000 $970,000 $970,000 $970,000 Intangible Assets $0 $0 $0 $0 Other Assets $717,000 $534,000 $530,000 $633,000 Deferred Asset Charges $0 $0 $0 $0 Total Assets $21,312,000 $19,723,000 $19,345,000 $18,596,000 Current Liabilities Accounts Payable $3,779,000 $2,768,000 $2,476,000 $2,209,000 Short-Term Debt / Current Portion of Long-Term Debt $637,000 $258,000 $629,000 $271,000 Other Current Liabilities $2,990,000 $2,897,000 $2,571,000 $2,170,000 Total Current Liabilities $7,406,000 $5,923,000 $5,676,000 $4,650,000 Long-Term Debt $2,541,000 $2,434,000 $2,191,000 $2,883,000 Other Liabilities $1,517,000 $1,809,000 $1,208,000 $1,187,000 Deferred Liability Charges $2,490,000 $2,782,000 $2,934,000 $2,884,000 Misc. Stocks $0 $0 $0 $0 Minority Interest $0 $0 $0 $0 Total Liabilities $13,954,000 $12,948,000 $12,009,000 $11,604,000 Stock Holders Equity Common Stocks $808,000 $808,000 $808,000 $808,000 Capital Surplus $1,374,000 $1,315,000 $1,231,000 $1,210,000 Retained Earnings $9,409,000 $7,416,000 $6,431,000 $5,768,000 Treasury Stock ($3,182,000) ($2,026,000) ($1,131,000) ($675,000) Other Equity ($1,051,000) ($738,000) ($3,000) ($119,000) Total Equity $7,358,000 $6,775,000 $7,336,000 $6,992,000 Total Liabilities & Equity $21,312,000 $19,723,000 $19,345,000 $18,596,000 See a: Company Financials data entry page Read more: http://www.nasdaq.com/symbol/luv/financials?query=balance-sheet#ixzz45fiv5

Income Statement Southwest Airline $ in million 2014 $18,610 $13,110 $5,490 $2,330 $3,160 $938 2008 2013 $17,700 $13,340 $4,360 $2,210 $2,150 $867 $38 107 $1,210 $455 $754 2010 2009 $12,100 $10,350 $11,020 $8,140 $2,220 $1,340 $878 $616 $67 165 $164 $65 $99 Southwest Airlines Net Sales or Revenues Cost Of Goods Sold (COGS) Southwest Airlines Gross Profit Selling General & Admin Expense Income Before Depreciation Depletion Amortization $9,060 $3,040 $1,430 $1,620 $628 $94 $8,590 $2,430 $1,390 $1,050 $599 $66 105 $278 $100 $178 ation Depletion Amortization Non Operating Income $745 $286 Southwest Airlines Pretax Income Provision for Income Taxes Income Before Extra ordinaries & Disc Operations Sout hwest Airlines Net Income (Profit/Loss) Average Shares used to compute Diluted EPS Average Shares used to compute Basic EPS $1,820 $680 $1,140 $1,140 $459 $747 $746 $754 $99 $178 $718 $741 $739 $687 $710 $805 $741 143 $735 $294 Southwest Airlines Earnings Per Share Basic Net Southwest Airlines Earnings Per Share Diluted Net EPS Diluted Before Nonrecurring Items Dividend Per Share Common 1650 1640 2010 0,220 1060 1050 1120 0,130 0,620 0,610 0,720 0,020 0,130 0,130 0,190 0,020 0,240 0,240 0,400 0,020