Southwest Gas Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Southwest Gas Holdings has a total shareholder equity of $3.4B and total debt of $5.3B, which brings its debt-to-equity ratio to 158.6%. Its total assets and total liabilities are $11.9B and $8.5B respectively. Southwest Gas Holdings's EBIT is $460.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $458.0M.
Key information
158.6%
Debt to equity ratio
US$5.34b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$457.95m |
| Equity | US$3.36b |
| Total liabilities | US$8.52b |
| Total assets | US$11.89b |
Recent financial health updates
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet
Apr 24
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet
Jan 12Recent updates
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet
Apr 24Southwest Gas Holdings, Inc. (NYSE:SWX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Mar 08Southwest Gas Holdings Could Face A Customer Uprising
Feb 21Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet
Jan 12Southwest Gas Holdings: Bottom Line Recovers, But Dilution Continues
Dec 18Southwest Gas Holdings' (NYSE:SWX) Dividend Will Be $0.62
Dec 13Southwest Gas Q3: Improved Financial Performance But No Significant Future Growth Prospects
Nov 27Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62
Nov 19Southwest Gas Holdings, Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 11Southwest Gas Holdings (NYSE:SWX) Is Due To Pay A Dividend Of $0.62
Oct 28Southwest Gas Holdings (NYSE:SWX) Is Paying Out A Dividend Of $0.62
Oct 14Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High
Sep 12Southwest Gas: Reasonable Total Return And A Growing Service Area
Jul 03Southwest Gas declares $0.62 dividend
Feb 24Southwest Gas: A High Valuation With Limited Growth Ahead, Bearish Chart
Jan 30Activist Corvex adds Southwest Gas, exits Zendesk
Nov 14Southwest Gas appoints Robert Stefani as new CFO
Nov 07Southwest Gas Grapples With Strategic Review And I See Limited Upside
Sep 16Southwest Gas Holdings: Inflation Hedge And Beyond
Jul 06Southwest Gas Holdings: Often Overlooked By Utility Investors
Apr 14Southwest Gas Holdings (NYSE:SWX) Is Increasing Its Dividend To US$0.62
Mar 16Financial Position Analysis
Short Term Liabilities: SWX's short term assets ($1.8B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: SWX's short term assets ($1.8B) do not cover its long term liabilities ($6.8B).
Debt to Equity History and Analysis
Debt Level: SWX's net debt to equity ratio (145%) is considered high.
Reducing Debt: SWX's debt to equity ratio has increased from 95.9% to 158.6% over the past 5 years.
Debt Coverage: SWX's debt is well covered by operating cash flow (23.2%).
Interest Coverage: SWX's interest payments on its debt are not well covered by EBIT (1.9x coverage).