Southwest Gas Holdings Inc (SWX) — Cash Flow-to-Debt Ratio
Southwest Gas Holdings Inc (SWX) has a Cash Flow-to-Debt Ratio of 0.02x as of June 2026, meaning its operating cash flow of $146.09 Million could theoretically repay 0% of its total liabilities ($6.35 Billion) in one year. See financial agility of Southwest Gas Holdings Inc to measure the company's free cash flow as a share of total liabilities.
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. For the full cash flow conversion analysis, see SWX cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Southwest Gas Holdings Inc (1994–2025)
Year-by-year debt coverage analysis for Southwest Gas Holdings Inc. Check earnings quality score of Southwest Gas Holdings Inc to evaluate the quality of earnings relative to operating cash generation.
| 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 | — |