Southwest Gas Holdings Inc (SWX) — Defensive Interval Ratio

Latest as of March 2026: 204 days

Southwest Gas Holdings Inc (SWX) has a Defensive Interval Ratio of 204 days as of March 2026. Defensive assets of $408.56 Million (cash $-, short-term investments $167.56 Million, receivables $241.01 Million) cover 204 days of daily cash needs of $2.00 Million/day. Check Southwest Gas Holdings Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

204 days
Days of operational coverage

Defensive Assets

$408.56 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.00 Million
Current Liabilities ÷ 365

Current Liabilities

$729.96 Million
USD

Southwest Gas Holdings Inc Defensive Interval Ratio (1994–2025)

This chart shows how Southwest Gas Holdings Inc's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 204 days, meaning defensive assets of $408.56 Million can fund 204 days of operations without new revenue. Also explore Southwest Gas Holdings Inc (SWX) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Southwest Gas Holdings Inc (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Southwest Gas Holdings Inc from 1994 to 2025, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Southwest Gas Holdings Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 404 days $1.03 Billion $2.55 Million/day $576.64 Million $169.95 Million ▼ -70 days
2024 473 days $2.38 Billion $5.02 Million/day $363.79 Million $1.19 Billion ▼ -37 days
2023 510 days $2.35 Billion $4.62 Million/day $106.54 Million $1.27 Billion ▲ +394 days
2022 116 days $1.09 Billion $9.38 Million/day $123.08 Million $- ▼ -5 days
2021 121 days $1.03 Billion $8.53 Million/day $222.70 Million $- ▼ -220 days
2020 341 days $851.56 Million $2.50 Million/day $83.35 Million $152.75 Million ▲ +126 days
2019 214 days $634.49 Million $2.96 Million/day $49.54 Million $3.00K ▼ -16 days
2018 231 days $592.89 Million $2.57 Million/day $85.36 Million $1.75 Million ▲ +15 days
2017 215 days $481.61 Million $2.24 Million/day $43.62 Million $4.46 Million ▼ -15 days
2016 231 days $397.42 Million $1.72 Million/day $28.07 Million $3.55 Million ▼ -58 days
2015 289 days $423.39 Million $1.47 Million/day $- $- ▼ -4 days
2014 293 days $377.58 Million $1.29 Million/day $- $- ▲ +44 days
2013 249 days $295.96 Million $1.19 Million/day $- $- ▲ +63 days
2012 185 days $271.86 Million $1.47 Million/day $- $- ▲ +92 days
2011 93 days $217.04 Million $2.32 Million/day $- $- ▼ -10 days
2010 103 days $169.12 Million $1.64 Million/day $- $- ▼ -25 days
2009 128 days $166.27 Million $1.30 Million/day $- $- ▼ -68 days
2008 196 days $273.50 Million $1.40 Million/day $- $- ▲ +3 days
2007 193 days $278.56 Million $1.45 Million/day $- $- ▼ -28 days
2006 220 days $299.23 Million $1.36 Million/day $- $- ▲ +64 days
2005 157 days $266.48 Million $1.70 Million/day $- $- ▼ -28 days
2004 185 days $244.29 Million $1.32 Million/day $- $- ▼ -43 days
2003 228 days $193.48 Million $850.44K/day $- $- ▼ -1 days
2002 228 days $195.77 Million $858.03K/day $- $- ▲ +91 days
2001 137 days $245.85 Million $1.79 Million/day $- $- ▼ -19 days
2000 157 days $206.88 Million $1.32 Million/day $- $- ▼ -43 days
1999 200 days $144.90 Million $725.75K/day $- $- ▼ -11 days
1998 211 days $144.90 Million $687.12K/day $- $- ▲ +62 days
1997 149 days $132.40 Million $888.77K/day $- $- ▼ -12 days
1996 161 days $115.50 Million $715.89K/day $- $- ▲ +71 days
1995 91 days $82.10 Million $904.66K/day $- $- ▲ +71 days
1994 20 days $105.40 Million $5.36 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)