Southwest Gas Holdings Inc (SWX) — Defensive Interval Ratio
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. See working capital position of Southwest Gas Holdings Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See SWX equity financing ratio to measure how much of total assets are equity-financed.
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 SWX market cap.
| 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 | $- | $- | — |