Southwest Gas Financials

SWX Stock  USD 78.16  0.14  0.18%   
Based on the key indicators related to Southwest Gas' liquidity, profitability, solvency, and operating efficiency, Southwest Gas Holdings is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At this time, Southwest Gas' Other Stockholder Equity is fairly stable compared to the past year. Total Liabilities is likely to rise to about 8.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 40.3 M in 2024. Key indicators impacting Southwest Gas' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.741.6047
Significantly Up
Pretty Stable
Operating Income532.1 M418.3 M
Significantly Up
Very volatile
Current Ratio0.71.1165
Way Down
Very volatile
The essential information of the day-to-day investment outlook for Southwest Gas includes many different criteria found on its balance sheet. An individual investor should monitor Southwest Gas' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Southwest Gas.

Cash And Equivalents

99.9 Million

  
Understanding current and past Southwest Gas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Southwest Gas' financial statements are interrelated, with each one affecting the others. For example, an increase in Southwest Gas' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Southwest Gas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Southwest Gas Holdings. Check Southwest Gas' Beneish M Score to see the likelihood of Southwest Gas' management manipulating its earnings.

Southwest Gas Stock Summary

Southwest Gas competes with NewJersey Resources, Northwest Natural, NorthWestern, Chesapeake Utilities, and Spire. Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada. Southwest Gas operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 12720 people.
Specialization
Utilities, Utilities - Regulated Gas
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8448951025
CUSIP844895102
LocationNevada; U.S.A
Business Address8360 South Durango
SectorGas Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.swgasholdings.com
Phone702 876 7237
CurrencyUSD - US Dollar

Southwest Gas Key Financial Ratios

Southwest Gas Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.2B8.7B12.8B13.2B11.9B12.5B
Other Current Liab397.3M461.1M471.1M1.1B556.1M351.0M
Net Debt2.6B2.8B6.1B5.9B5.3B5.6B
Retained Earnings1.0B1.1B1.1B747.1M738.8M437.9M
Accounts Payable238.9M231.3M353.4M662.1M346.9M211.7M
Cash49.5M83.4M222.7M123.1M106.5M55.0M
Net Receivables584.9M615.5M808.8M963.1M981.5M1.0B
Other Current Assets181.0M172.2M583.2M433.9M709.7M745.2M
Total Liab5.6B5.9B9.6B10.0B8.5B8.9B
Total Current Assets859.9M871.0M1.6B3.7B1.9B2.0B
Short Term Debt374.5M158.3M2.2B1.6B732.5M769.1M
Common Stock56.6M58.8M62.1M68.7M73.2M48.8M
Other Liab2.1B2.3B2.4B2.0B2.3B2.5B
Other Assets629.9M7.5B458.7M137.0M(552.9M)(525.2M)
Long Term Debt2.3B2.7B4.1B4.4B4.6B4.8B
Inventory44.4M2.1M291.1M2.2B83.4M79.2M
Net Tangible Assets2.2B2.8B3.2B2.3B2.6B2.2B
Good Will343.0M345.2M1.8B787.3M789.7M549.4M
Short Long Term Debt374.5M147.4M2.2B1.6B671.1M605.0M
Long Term Debt Total2.3B2.7B4.1B4.4B5.1B2.8B
Capital Surpluse1.5B1.6B1.8B2.3B2.6B1.5B
Intangible Assets150.5M140.2M426.5M395.2M369.0M219.6M

Southwest Gas Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense109.2M111.5M119.2M242.8M292.3M306.9M
Total Revenue3.1B3.3B3.7B5.0B5.4B5.7B
Gross Profit737.4M818.5M820.9M994.9M1.0B927.5M
Operating Income2.8B423.0M1.1B1.1B418.3M532.1M
Ebit2.8B403.0M355.5M(30.6M)489.6M799.5M
Ebitda3.1B735.0M726.6M439.9M930.5M740.4M
Net Income213.9M232.3M200.8M(1.6B)150.9M158.4M
Income Tax Expense56.0M65.8M39.6M1.3B41.8M39.7M
Cost Of Revenue2.4B2.5B2.9B4.0B4.4B4.6B
Income Before Tax272.7M304.7M246.9M(273.3M)197.3M138.9M
Minority Interest84.5M6.7M6.4M(5.6M)(6.9M)(6.6M)
Tax Provision56.0M65.8M39.6M(75.7M)(61.8M)(58.7M)
Interest Income84.5M4.0M105.1M228.4M46.1M43.8M
Net Interest Income(102.9M)(107.5M)(114.1M)(226.6M)(249.4M)(237.0M)

Southwest Gas Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Southwest Gas Holdings. It measures of how well Southwest is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Southwest Gas brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Southwest had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Southwest Gas has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(35.8M)33.8M139.3M(99.6M)(16.5M)(15.7M)
Free Cash Flow(437.8M)(199.0M)(604.2M)(452.0M)(363.3M)(345.1M)
Other Non Cash Items(43.4M)(101.8M)(94.1M)437.5M(17.8M)(16.9M)
Dividends Paid116.1M125.5M138.2M160.6M174.6M183.3M
Capital Expenditures938.1M825.1M715.6M859.4M872.5M436.7M
Net Income216.6M239.0M207.2M(197.7M)150.9M98.2M
End Period Cash Flow49.5M83.4M222.7M123.1M106.5M54.5M
Change To Netincome51.4M51.3M63.6M380.5M437.6M459.5M
Change To Inventory(11.0M)3.3M11.9M(9.2M)(8.3M)(7.9M)
Depreciation303.2M332.0M371.0M470.5M440.9M313.2M
Investments(951.6M)(802.1M)(3.0B)(838.9M)122.3M128.4M
Net Borrowings376.6M202.0M3.0B97.5M112.2M106.5M
Change Receivables(14.9M)(56.1M)(48.8M)(51.6M)(46.4M)(48.7M)

Southwest Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southwest Gas's current stock value. Our valuation model uses many indicators to compare Southwest Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southwest Gas competition to find correlations between indicators driving Southwest Gas's intrinsic value. More Info.
Southwest Gas Holdings is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southwest Gas Holdings is roughly  2.17 . At this time, Southwest Gas' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southwest Gas' earnings, one of the primary drivers of an investment's value.

Southwest Gas Holdings Systematic Risk

Southwest Gas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southwest Gas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Southwest Gas Holdings correlated with the market. If Beta is less than 0 Southwest Gas generally moves in the opposite direction as compared to the market. If Southwest Gas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southwest Gas Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southwest Gas is generally in the same direction as the market. If Beta > 1 Southwest Gas moves generally in the same direction as, but more than the movement of the benchmark.

Southwest Gas Thematic Clasifications

Southwest Gas Holdings is part of Basic Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities
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This theme covers Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities. Get More Thematic Ideas
Today, most investors in Southwest Gas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southwest Gas' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Southwest Gas growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.29)

At this time, Southwest Gas' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Southwest Gas December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Southwest Gas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southwest Gas Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southwest Gas Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Southwest Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southwest Gas's daily price indicators and compare them against related drivers.

Additional Tools for Southwest Stock Analysis

When running Southwest Gas' price analysis, check to measure Southwest Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.