Southwest Gas Holdings Inc (SWX) — Cash Flow-to-Debt Ratio
Southwest Gas Holdings Inc (SWX) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of $162.13 Million could theoretically repay 0% of its total liabilities ($6.30 Billion) in one year. See free cash flow generation of Southwest Gas Holdings Inc to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Southwest Gas Holdings Inc Cash Flow-to-Debt Ratio (1994–2025)
Historical debt coverage capacity for Southwest Gas Holdings Inc across 32 annual periods. Also explore SWX net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Southwest Gas Holdings Inc (1994–2025)
Year-by-year debt coverage analysis for Southwest Gas Holdings Inc. For market capitalisation and broader financial context, see SWX stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | $556.08 Million | $6.47 Billion | ▼ -47.2% |
| 2024 | 0.16x | $1.36 Billion | $8.33 Billion | ▲ +170.1% |
| 2023 | 0.06x | $509.21 Million | $8.46 Billion | ▲ +47.5% |
| 2022 | 0.04x | $407.46 Million | $9.98 Billion | ▲ +252.5% |
| 2021 | 0.01x | $111.38 Million | $9.61 Billion | ▼ -89.1% |
| 2020 | 0.11x | $626.08 Million | $5.90 Billion | ▲ +18.4% |
| 2019 | 0.09x | $500.37 Million | $5.58 Billion | ▼ -14.8% |
| 2018 | 0.11x | $528.86 Million | $5.02 Billion | ▲ +25.9% |
| 2017 | 0.08x | $369.95 Million | $4.42 Billion | ▼ -45.5% |
| 2016 | 0.15x | $598.39 Million | $3.90 Billion | ▲ +5.2% |
| 2015 | 0.15x | $547.15 Million | $3.75 Billion | ▲ +56.2% |
| 2014 | 0.09x | $346.42 Million | $3.71 Billion | ▼ -14.9% |
| 2013 | 0.11x | $346.21 Million | $3.15 Billion | ▼ -9.6% |
| 2012 | 0.12x | $386.32 Million | $3.18 Billion | ▲ +47.1% |
| 2011 | 0.08x | $252.04 Million | $3.05 Billion | ▼ -37.3% |
| 2010 | 0.13x | $370.99 Million | $2.82 Billion | ▼ -9.0% |
| 2009 | 0.14x | $405.80 Million | $2.80 Billion | ▲ +34.3% |
| 2008 | 0.11x | $299.75 Million | $2.78 Billion | ▼ -16.8% |
| 2007 | 0.13x | $347.81 Million | $2.69 Billion | ▲ +18.9% |
| 2006 | 0.11x | $281.35 Million | $2.58 Billion | ▲ +13.5% |
| 2005 | 0.10x | $237.62 Million | $2.48 Billion | ▲ +41.4% |
| 2004 | 0.07x | $151.49 Million | $2.23 Billion | ▼ -35.4% |
| 2003 | 0.11x | $207.78 Million | $1.98 Billion | ▼ -39.4% |
| 2002 | 0.17x | $298.47 Million | $1.72 Billion | ▲ +146.9% |
| 2001 | 0.07x | $122.75 Million | $1.75 Billion | ▼ -8.2% |
| 2000 | 0.08x | $125.31 Million | $1.64 Billion | ▼ -41.9% |
| 1999 | 0.13x | $178.60 Million | $1.36 Billion | ▼ -16.4% |
| 1998 | 0.16x | $203.50 Million | $1.29 Billion | ▲ +268.8% |
| 1997 | 0.04x | $56.40 Million | $1.32 Billion | ▼ -8.5% |
| 1996 | 0.05x | $52.20 Million | $1.12 Billion | ▼ -46.8% |
| 1995 | 0.09x | $97.80 Million | $1.12 Billion | ▲ +113.1% |
| 1994 | 0.04x | $112.90 Million | $2.75 Billion | — |