Southwest Long Term Debt Total vs Long Term Investments Analysis

SWX Stock

USD 75.05 1.34 1.82%

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 Long Term Debt Total and its Long Term Investments 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.

Long Term Debt Total vs Long Term Investments

Long Term Debt Total vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Gas Holdings Long Term Debt Total account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Southwest Gas' Long Term Debt Total and Long Term Investments is -0.57. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Investments 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' Long Term Debt Total and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Southwest Gas Holdings are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt Total i.e., Southwest Gas' Long Term Debt Total and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Debt Total

Long Term Investments

Long Term Investments is an item on the asset side of Southwest Gas balance sheet that represents investments Southwest Gas Holdings intends to hold for over a year. Southwest Gas Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.

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.

At this time, Southwest Gas' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 6.78 in 2025, whereas Selling General Administrative is likely to drop slightly above 79.8 K in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	994.9M	1.0B	5.1B	5.4B
Total Revenue	5.0B	5.4B	5.1B	5.4B

Gross Profit Total Revenue

Southwest Gas fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Liab
Common Stock Shares Outstanding		0.69	0.48	-0.08	0.31	0.75	0.74	0.47	0.68	0.54	0.2	0.56	0.54	0.2	0.19	0.98	0.76	0.08	0.64	0.65	0.69	0.3	0.32	0.98	-0.77	0.69
Total Assets	0.69		0.52	0.51	0.66	0.96	0.97	0.48	0.47	0.73	0.71	0.44	0.25	0.71	0.54	0.73	0.98	0.46	0.94	0.99	0.98	0.6	0.57	0.79	-0.86	0.83
Short Long Term Debt Total	0.48	0.52		-0.12	0.7	0.35	0.4	1.0	0.5	0.7	-0.11	0.94	0.25	-0.11	0.54	0.44	0.48	0.61	0.28	0.57	0.43	0.65	0.87	0.51	-0.72	0.35
Other Current Liab	-0.08	0.51	-0.12		0.52	0.42	0.42	-0.17	-0.35	0.43	0.82	-0.36	-0.27	0.82	0.62	-0.02	0.4	0.47	0.62	0.53	0.5	0.56	0.12	0.07	-0.22	0.23
Total Current Liabilities	0.31	0.66	0.7	0.52		0.43	0.49	0.67	0.16	0.87	0.43	0.48	0.02	0.43	0.82	0.34	0.53	0.76	0.5	0.74	0.57	0.9	0.88	0.41	-0.59	0.32
Total Stockholder Equity	0.75	0.96	0.35	0.42	0.43		0.99	0.31	0.53	0.56	0.69	0.35	0.3	0.69	0.36	0.79	0.98	0.27	0.96	0.92	0.96	0.4	0.34	0.84	-0.82	0.9
Property Plant And Equipment Net	0.74	0.97	0.4	0.42	0.49	0.99		0.36	0.54	0.59	0.71	0.39	0.3	0.71	0.39	0.79	0.99	0.31	0.95	0.94	0.98	0.42	0.42	0.83	-0.82	0.9
Net Debt	0.47	0.48	1.0	-0.17	0.67	0.31	0.36		0.5	0.68	-0.16	0.95	0.25	-0.16	0.52	0.42	0.44	0.59	0.23	0.53	0.38	0.63	0.85	0.49	-0.7	0.32
Retained Earnings	0.68	0.47	0.5	-0.35	0.16	0.53	0.54	0.5		0.27	-0.03	0.71	0.47	-0.03	0.04	0.75	0.54	-0.07	0.28	0.43	0.44	0.03	0.34	0.65	-0.55	0.75
Accounts Payable	0.54	0.73	0.7	0.43	0.87	0.56	0.59	0.68	0.27		0.3	0.53	0.14	0.3	0.68	0.53	0.64	0.54	0.6	0.77	0.62	0.94	0.72	0.62	-0.77	0.44
Cash	0.2	0.71	-0.11	0.82	0.43	0.69	0.71	-0.16	-0.03	0.3		-0.25	-0.09	1.0	0.4	0.3	0.66	0.34	0.79	0.7	0.75	0.3	0.18	0.32	-0.35	0.51
Non Current Assets Total	0.56	0.44	0.94	-0.36	0.48	0.35	0.39	0.95	0.71	0.53	-0.25		0.35	-0.25	0.33	0.53	0.45	0.39	0.2	0.47	0.37	0.42	0.72	0.56	-0.67	0.44
Non Currrent Assets Other	0.54	0.25	0.25	-0.27	0.02	0.3	0.3	0.25	0.47	0.14	-0.09	0.35		-0.09	-0.05	0.48	0.33	-0.02	0.18	0.23	0.24	-0.03	0.12	0.48	-0.39	0.45
Cash And Short Term Investments	0.2	0.71	-0.11	0.82	0.43	0.69	0.71	-0.16	-0.03	0.3	1.0	-0.25	-0.09		0.4	0.3	0.66	0.34	0.79	0.7	0.75	0.3	0.18	0.32	-0.35	0.51
Net Receivables	0.19	0.54	0.54	0.62	0.82	0.36	0.39	0.52	0.04	0.68	0.4	0.33	-0.05	0.4		0.19	0.42	0.89	0.49	0.59	0.48	0.84	0.58	0.31	-0.55	0.24
Common Stock Total Equity	0.98	0.73	0.44	-0.02	0.34	0.79	0.79	0.42	0.75	0.53	0.3	0.53	0.48	0.3	0.19		0.79	0.05	0.66	0.69	0.73	0.28	0.34	0.97	-0.74	0.76
Non Current Liabilities Total	0.76	0.98	0.48	0.4	0.53	0.98	0.99	0.44	0.54	0.64	0.66	0.45	0.33	0.66	0.42	0.79		0.35	0.94	0.96	0.98	0.49	0.47	0.85	-0.88	0.88
Other Current Assets	0.08	0.46	0.61	0.47	0.76	0.27	0.31	0.59	-0.07	0.54	0.34	0.39	-0.02	0.34	0.89	0.05	0.35		0.4	0.53	0.42	0.71	0.66	0.2	-0.5	0.11
Other Stockholder Equity	0.64	0.94	0.28	0.62	0.5	0.96	0.95	0.23	0.28	0.6	0.79	0.2	0.18	0.79	0.49	0.66	0.94	0.4		0.92	0.96	0.51	0.31	0.75	-0.77	0.76
Total Liab	0.65	0.99	0.57	0.53	0.74	0.92	0.94	0.53	0.43	0.77	0.7	0.47	0.23	0.7	0.59	0.69	0.96	0.53	0.92		0.96	0.67	0.64	0.76	-0.87	0.79
Property Plant And Equipment Gross	0.69	0.98	0.43	0.5	0.57	0.96	0.98	0.38	0.44	0.62	0.75	0.37	0.24	0.75	0.48	0.73	0.98	0.42	0.96	0.96		0.5	0.48	0.79	-0.81	0.82
Total Current Assets	0.3	0.6	0.65	0.56	0.9	0.4	0.42	0.63	0.03	0.94	0.3	0.42	-0.03	0.3	0.84	0.28	0.49	0.71	0.51	0.67	0.5		0.69	0.41	-0.65	0.24
Short Term Debt	0.32	0.57	0.87	0.12	0.88	0.34	0.42	0.85	0.34	0.72	0.18	0.72	0.12	0.18	0.58	0.34	0.47	0.66	0.31	0.64	0.48	0.69		0.38	-0.57	0.31
Common Stock	0.98	0.79	0.51	0.07	0.41	0.84	0.83	0.49	0.65	0.62	0.32	0.56	0.48	0.32	0.31	0.97	0.85	0.2	0.75	0.76	0.79	0.41	0.38		-0.84	0.75
Current Deferred Revenue	-0.77	-0.86	-0.72	-0.22	-0.59	-0.82	-0.82	-0.7	-0.55	-0.77	-0.35	-0.67	-0.39	-0.35	-0.55	-0.74	-0.88	-0.5	-0.77	-0.87	-0.81	-0.65	-0.57	-0.84		-0.72
Other Liab	0.69	0.83	0.35	0.23	0.32	0.9	0.9	0.32	0.75	0.44	0.51	0.44	0.45	0.51	0.24	0.76	0.88	0.11	0.76	0.79	0.82	0.24	0.31	0.75	-0.72

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Southwest Gas Account Relationship Matchups

Southwest Gas fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	56.1M	59.3M	65.6M	71.0M	72.0M	41.2M
Total Assets	8.7B	12.8B	13.2B	11.9B	12.0B	12.6B
Short Long Term Debt Total	2.9B	6.3B	6.0B	5.4B	30.0M	28.5M
Other Current Liab	461.1M	471.1M	1.1B	556.1M	1.4B	1.5B
Total Current Liabilities	912.0M	3.1B	3.4B	1.7B	1.8B	926.3M
Total Stockholder Equity	2.7B	3.0B	3.1B	3.3B	3.5B	3.7B
Property Plant And Equipment Net	7.0B	8.9B	8.3B	8.6B	9.3B	9.8B
Net Debt	2.8B	6.1B	5.9B	5.3B	(333.8M)	(317.1M)
Retained Earnings	1.1B	1.1B	747.1M	738.8M	758.6M	450.7M
Accounts Payable	231.3M	353.4M	662.1M	346.9M	331.8M	216.7M
Cash	83.4M	222.7M	123.1M	106.5M	363.8M	382.0M
Non Current Assets Total	7.9B	11.2B	9.5B	10.0B	1.3B	1.2B
Non Currrent Assets Other	368.0M	458.5M	395.9M	560.6M	474.8M	307.7M
Cash And Short Term Investments	83.4M	222.7M	123.1M	106.5M	363.8M	382.0M
Net Receivables	615.5M	808.8M	963.1M	981.5M	821.6M	427.4M
Common Stock Total Equity	54.7M	56.6M	58.8M	62.1M	71.4M	46.7M
Liabilities And Stockholders Equity	8.7B	12.8B	13.2B	11.9B	12.0B	12.6B
Non Current Liabilities Total	5.0B	6.5B	6.6B	6.8B	6.5B	6.8B
Other Current Assets	172.2M	583.2M	433.9M	709.7M	279.1M	220.8M
Other Stockholder Equity	1.6B	1.8B	2.3B	2.5B	2.7B	2.9B
Total Liab	5.9B	9.6B	10.0B	8.5B	8.3B	8.8B
Property Plant And Equipment Gross	9.9B	12.8B	11.6B	12.3B	13.0B	13.6B
Total Current Assets	871.0M	1.6B	3.7B	1.9B	1.5B	804.1M
Accumulated Other Comprehensive Income	(61.0M)	(46.8M)	(44.2M)	(43.8M)	(49.2M)	(51.7M)
Short Term Debt	158.3M	2.2B	1.6B	732.5M	30.0M	28.5M
Common Stock	58.8M	62.1M	68.7M	73.2M	73.4M	49.8M
Current Deferred Revenue	67.9M	59.3M	51.2M	48.5M	63.9M	66.8M
Other Liab	2.1B	2.3B	2.4B	2.0B	2.3B	2.5B
Other Assets	7.5B	458.7M	137.0M	(552.9M)	9.3B	9.8B
Long Term Debt	2.7B	4.1B	4.4B	4.6B	4.3B	4.6B
Property Plant Equipment	6.3B	7.0B	8.9B	1.1B	1.3B	1.3B
Inventory	2.1M	291.1M	2.2B	83.4M	95.9M	91.1M
Net Tangible Assets	2.2B	2.8B	3.2B	2.3B	2.6B	2.2B
Good Will	345.2M	1.8B	787.3M	789.7M	781.2M	577.5M
Deferred Long Term Liab	496.9M	508.9M	458.5M	395.9M	356.4M	366.4M
Short Long Term Debt	147.4M	2.2B	1.6B	671.1M	710.0M	621.0M
Long Term Debt Total	2.3B	2.7B	4.1B	4.4B	5.1B	2.8B
Capital Surpluse	1.5B	1.6B	1.8B	2.3B	2.6B	1.5B
Intangible Assets	140.2M	426.5M	395.2M	369.0M	424.4M	219.6M

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Southwest Long Term Debt Total vs Long Term Investments Analysis

Long Term Debt Total vs Long Term Investments

Long Term Debt Total vs Long Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Long Term Investments

Southwest Gas fundamental ratios Correlations

Southwest Gas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southwest Gas fundamental ratios Accounts

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Additional Tools for Southwest Stock Analysis

COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Common Stock Total Equity	+ 0.98	Common Stock Shares Outstanding

Current Deferred Revenue	- 0.88	Non Current Liabilities Total
Current Deferred Revenue	- 0.87	Total Liab
Current Deferred Revenue	- 0.86	Total Assets
Current Deferred Revenue	- 0.84	Common Stock
Current Deferred Revenue	- 0.82	Property Plant And Equipment Net
Current Deferred Revenue	- 0.82	Total Stockholder Equity