Southwest Gas Holdings Inc Net Asset Quality Index
Southwest Gas Holdings Inc net asset quality index. Southwest Gas Holdings Inc (SWX) has a Net Asset Quality Index of 39.4% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $10.48 Billion minus total liabilities of $6.35 Billion yields net assets of $4.13 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Southwest Gas Holdings Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Southwest Gas Holdings Inc (1994–2025)
Net asset quality index of Southwest Gas Holdings Inc from 1994 to 2025. This chart shows how Southwest Gas Holdings Inc's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the index stands at 39.4%, representing net assets of $4.13 Billion against total assets of $10.48 Billion USD. See SWX book value for net asset value and shareholders' equity analysis.
Southwest Gas Holdings Inc Net Asset Quality Index by Year (1994–2025)
Southwest Gas Holdings Inc net asset quality index by year from 1994 to 2025. The table below presents the year-by-year Net Asset Quality Index for Southwest Gas Holdings Inc from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see SWX stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 38.0% | $3.96 Billion | $10.43 Billion | $6.47 Billion | ▲ +7.3 pp |
| 2024 | 30.7% | $3.69 Billion | $12.02 Billion | $8.33 Billion | ▲ +1.9 pp |
| 2023 | 28.8% | $3.41 Billion | $11.87 Billion | $8.46 Billion | ▲ +4.4 pp |
| 2022 | 24.4% | $3.22 Billion | $13.20 Billion | $9.98 Billion | ▼ -0.3 pp |
| 2021 | 24.7% | $3.15 Billion | $12.77 Billion | $9.61 Billion | ▼ -7.8 pp |
| 2020 | 32.5% | $2.84 Billion | $8.74 Billion | $5.90 Billion | ▲ +0.8 pp |
| 2019 | 31.7% | $2.59 Billion | $8.17 Billion | $5.58 Billion | ▼ 0.0 pp |
| 2018 | 31.7% | $2.33 Billion | $7.36 Billion | $5.02 Billion | ▲ +2.7 pp |
| 2017 | 29.1% | $1.81 Billion | $6.24 Billion | $4.42 Billion | ▼ -1.1 pp |
| 2016 | 30.2% | $1.68 Billion | $5.58 Billion | $3.90 Billion | ▲ +0.2 pp |
| 2015 | 30.0% | $1.61 Billion | $5.36 Billion | $3.75 Billion | ▲ +1.1 pp |
| 2014 | 28.9% | $1.51 Billion | $5.21 Billion | $3.71 Billion | ▼ -2.1 pp |
| 2013 | 30.9% | $1.41 Billion | $4.57 Billion | $3.15 Billion | ▲ +1.8 pp |
| 2012 | 29.2% | $1.31 Billion | $4.49 Billion | $3.18 Billion | ▲ +0.5 pp |
| 2011 | 28.6% | $1.23 Billion | $4.28 Billion | $3.05 Billion | ▼ -0.6 pp |
| 2010 | 29.3% | $1.17 Billion | $3.98 Billion | $2.82 Billion | ▲ +1.1 pp |
| 2009 | 28.2% | $1.10 Billion | $3.91 Billion | $2.80 Billion | ▲ +1.0 pp |
| 2008 | 27.2% | $1.04 Billion | $3.82 Billion | $2.78 Billion | ▲ +0.4 pp |
| 2007 | 26.8% | $983.67 Million | $3.67 Billion | $2.69 Billion | ▲ +0.9 pp |
| 2006 | 25.9% | $901.42 Million | $3.48 Billion | $2.58 Billion | ▲ +2.6 pp |
| 2005 | 23.3% | $751.13 Million | $3.23 Billion | $2.48 Billion | ▼ -0.8 pp |
| 2004 | 24.0% | $705.68 Million | $2.94 Billion | $2.23 Billion | ▼ -0.2 pp |
| 2003 | 24.2% | $630.47 Million | $2.61 Billion | $1.98 Billion | ▼ -3.4 pp |
| 2002 | 27.6% | $656.17 Million | $2.38 Billion | $1.72 Billion | ▲ +1.4 pp |
| 2001 | 26.2% | $621.20 Million | $2.37 Billion | $1.75 Billion | ▼ -0.4 pp |
| 2000 | 26.6% | $593.47 Million | $2.23 Billion | $1.64 Billion | ▼ -2.8 pp |
| 1999 | 29.4% | $565.40 Million | $1.92 Billion | $1.36 Billion | ▲ +0.1 pp |
| 1998 | 29.3% | $536.40 Million | $1.83 Billion | $1.29 Billion | ▲ +4.1 pp |
| 1997 | 25.2% | $446.00 Million | $1.77 Billion | $1.32 Billion | ▼ -3.0 pp |
| 1996 | 28.2% | $439.60 Million | $1.56 Billion | $1.12 Billion | ▲ +1.0 pp |
| 1995 | 27.2% | $416.10 Million | $1.53 Billion | $1.12 Billion | ▲ +16.0 pp |
| 1994 | 11.1% | $343.10 Million | $3.09 Billion | $2.75 Billion | — |