Southwest Capital Surpluse vs Capital Stock Analysis

SWX Stock  USD 73.71  3.57  4.62%   
Southwest Gas financial indicator trend analysis is much more than just breaking down Southwest Gas Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southwest Gas Holdings is a good investment. Please check the relationship between Southwest Gas Capital Surpluse and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southwest Gas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Capital Surpluse vs Capital Stock

Capital Surpluse vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Gas Holdings Capital Surpluse account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southwest Gas' Capital Surpluse and Capital Stock is 0.92. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Southwest Gas Holdings, assuming nothing else is changed. The correlation between historical values of Southwest Gas' Capital Surpluse and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Southwest Gas Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Capital Surpluse i.e., Southwest Gas' Capital Surpluse and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Surpluse

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Southwest Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southwest Gas Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southwest Gas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Selling General Administrative is likely to rise to about (129.1 K) in 2025. Tax Provision is likely to rise to about (52.8 M) in 2025
 2022 2023 2024 2025 (projected)
Gross Profit994.9M1.0B5.1B5.4B
Total Revenue5.0B5.4B5.1B5.4B

Southwest Gas fundamental ratios Correlations

0.690.48-0.080.310.750.710.470.680.540.20.560.540.170.150.980.760.150.640.650.660.30.320.98-0.770.69
0.690.520.510.660.960.970.480.470.730.710.440.250.550.520.730.980.690.940.990.970.60.570.79-0.860.83
0.480.52-0.120.70.350.351.00.50.7-0.110.940.25-0.40.590.440.460.110.280.550.360.650.870.51-0.720.35
-0.080.51-0.120.520.420.46-0.17-0.350.430.82-0.36-0.270.750.58-0.020.410.850.620.540.540.560.120.07-0.220.23
0.310.660.70.520.430.470.670.160.870.430.480.020.130.820.340.520.580.50.730.550.90.880.41-0.590.32
0.750.960.350.420.430.990.310.530.560.690.350.30.610.330.790.990.610.960.920.960.40.340.84-0.820.9
0.710.970.350.460.470.990.30.50.560.740.320.280.650.340.770.990.650.960.940.980.40.380.81-0.80.89
0.470.481.0-0.170.670.310.30.50.68-0.160.950.25-0.450.560.420.410.060.230.510.320.630.850.49-0.70.32
0.680.470.5-0.350.160.530.50.50.27-0.030.710.47-0.130.040.750.52-0.170.280.420.40.030.340.65-0.550.75
0.540.730.70.430.870.560.560.680.270.30.530.140.110.680.530.630.420.60.770.590.940.720.62-0.770.44
0.20.71-0.110.820.430.690.74-0.16-0.030.3-0.25-0.090.930.350.30.680.880.790.710.790.30.180.32-0.350.51
0.560.440.94-0.360.480.350.320.950.710.53-0.250.35-0.490.370.530.43-0.110.20.450.30.420.720.56-0.670.44
0.540.250.25-0.270.020.30.280.250.470.14-0.090.35-0.05-0.070.480.32-0.060.180.220.22-0.030.120.48-0.390.45
0.170.55-0.40.750.130.610.65-0.45-0.130.110.93-0.49-0.050.080.250.560.740.720.530.670.08-0.150.26-0.180.44
0.150.520.590.580.820.330.340.560.040.680.350.37-0.070.080.150.390.650.450.570.430.840.60.28-0.550.22
0.980.730.44-0.020.340.790.770.420.750.530.30.530.480.250.150.790.180.660.690.710.280.340.97-0.740.76
0.760.980.460.410.520.990.990.410.520.630.680.430.320.560.390.790.620.950.960.970.480.450.84-0.870.88
0.150.690.110.850.580.610.650.06-0.170.420.88-0.11-0.060.740.650.180.620.780.710.730.520.310.3-0.460.38
0.640.940.280.620.50.960.960.230.280.60.790.20.180.720.450.660.950.780.920.970.510.310.75-0.770.76
0.650.990.550.540.730.920.940.510.420.770.710.450.220.530.570.690.960.710.920.960.660.630.76-0.860.79
0.660.970.360.540.550.960.980.320.40.590.790.30.220.670.430.710.970.730.970.960.470.430.77-0.780.82
0.30.60.650.560.90.40.40.630.030.940.30.42-0.030.080.840.280.480.520.510.660.470.690.41-0.650.24
0.320.570.870.120.880.340.380.850.340.720.180.720.12-0.150.60.340.450.310.310.630.430.690.38-0.570.31
0.980.790.510.070.410.840.810.490.650.620.320.560.480.260.280.970.840.30.750.760.770.410.38-0.840.75
-0.77-0.86-0.72-0.22-0.59-0.82-0.8-0.7-0.55-0.77-0.35-0.67-0.39-0.18-0.55-0.74-0.87-0.46-0.77-0.86-0.78-0.65-0.57-0.84-0.72
0.690.830.350.230.320.90.890.320.750.440.510.440.450.440.220.760.880.380.760.790.820.240.310.75-0.72
Click cells to compare fundamentals

Southwest Gas Account Relationship Matchups

Southwest Gas fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding56.1M59.3M65.6M71.0M72.0M41.2M
Total Assets8.7B12.8B13.2B11.9B12.0B12.6B
Short Long Term Debt Total2.9B6.3B6.0B5.4B30.0M28.5M
Other Current Liab461.1M471.1M1.1B556.1M1.4B1.5B
Total Current Liabilities912.0M3.1B3.4B1.7B1.8B926.3M
Total Stockholder Equity2.7B3.0B3.1B3.3B3.5B3.7B
Property Plant And Equipment Net7.0B8.9B8.3B8.6B9.9B10.4B
Net Debt2.8B6.1B5.9B5.3B(333.8M)(317.1M)
Retained Earnings1.1B1.1B747.1M738.8M758.6M450.7M
Accounts Payable231.3M353.4M662.1M346.9M331.8M216.7M
Cash83.4M222.7M123.1M106.5M363.8M382.0M
Non Current Assets Total7.9B11.2B9.5B10.0B1.3B1.2B
Non Currrent Assets Other368.0M458.5M395.9M560.6M474.8M307.7M
Cash And Short Term Investments83.4M222.7M123.1M106.5M1.6B1.6B
Net Receivables615.5M808.8M963.1M981.5M722.6M423.8M
Common Stock Total Equity54.7M56.6M58.8M62.1M71.4M46.7M
Liabilities And Stockholders Equity8.7B12.8B13.2B11.9B12.0B12.6B
Non Current Liabilities Total5.0B6.5B6.6B6.8B6.7B7.0B
Other Current Assets172.2M583.2M433.9M709.7M816.1M857.0M
Other Stockholder Equity1.6B1.8B2.3B2.5B2.7B2.9B
Total Liab5.9B9.6B10.0B8.5B8.5B8.9B
Property Plant And Equipment Gross9.9B12.8B11.6B12.3B14.1B14.8B
Total Current Assets871.0M1.6B3.7B1.9B1.5B804.1M
Accumulated Other Comprehensive Income(61.0M)(46.8M)(44.2M)(43.8M)(49.2M)(51.7M)
Short Term Debt158.3M2.2B1.6B732.5M30.0M28.5M
Common Stock58.8M62.1M68.7M73.2M73.4M49.8M
Current Deferred Revenue67.9M59.3M51.2M48.5M63.9M66.8M
Other Liab2.1B2.3B2.4B2.0B2.3B2.5B
Other Assets7.5B458.7M137.0M(552.9M)9.3B9.8B
Long Term Debt2.7B4.1B4.4B4.6B5.3B5.6B
Property Plant Equipment6.3B7.0B8.9B1.1B1.3B1.3B
Inventory2.1M291.1M2.2B83.4M95.9M91.1M
Net Tangible Assets2.2B2.8B3.2B2.3B2.6B2.2B
Good Will345.2M1.8B787.3M789.7M781.2M577.5M
Deferred Long Term Liab496.9M508.9M458.5M395.9M356.4M366.4M
Short Long Term Debt147.4M2.2B1.6B671.1M771.7M605.0M
Long Term Debt Total2.3B2.7B4.1B4.4B5.1B2.8B
Capital Surpluse1.5B1.6B1.8B2.3B2.6B1.5B
Intangible Assets140.2M426.5M395.2M369.0M424.4M219.6M

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