Southwest Gas Holdings Inc Tangible Net Worth Ratio
Southwest Gas Holdings Inc tangible net worth ratio. Southwest Gas Holdings Inc (SWX) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($4.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Southwest Gas Holdings Inc growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Southwest Gas Holdings Inc (1994–2025)
Tangible net worth ratio of Southwest Gas Holdings Inc from 1994 to 2025. This chart shows how Southwest Gas Holdings Inc's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $4.13 Billion with intangible assets of $0.00 USD. Check asset allocation strategy of Southwest Gas Holdings Inc to assess the company's strategic physical and investment asset allocation.
Southwest Gas Holdings Inc Tangible Net Worth Ratio by Year (1994–2025)
Southwest Gas Holdings Inc tangible net worth ratio by year from 1994 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Southwest Gas Holdings Inc from 1994 to 2025, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Southwest Gas Holdings Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $3.96 Billion | $0.00 | $10.43 Billion | ▲ +9.2 pp |
| 2024 | 90.8% | $3.69 Billion | $340.90 Million | $12.02 Billion | ▲ +1.6 pp |
| 2023 | 89.2% | $3.41 Billion | $369.05 Million | $11.87 Billion | ▲ +1.5 pp |
| 2022 | 87.7% | $3.22 Billion | $395.25 Million | $13.20 Billion | ▲ +1.3 pp |
| 2021 | 86.5% | $3.15 Billion | $426.50 Million | $12.77 Billion | ▼ -8.6 pp |
| 2020 | 95.1% | $2.84 Billion | $140.18 Million | $8.74 Billion | ▲ +0.9 pp |
| 2019 | 94.2% | $2.59 Billion | $150.51 Million | $8.17 Billion | ▲ +1.0 pp |
| 2018 | 93.2% | $2.33 Billion | $159.82 Million | $7.36 Billion | ▼ -2.4 pp |
| 2017 | 95.5% | $1.81 Billion | $80.70 Million | $6.24 Billion | ▼ -2.2 pp |
| 2016 | 97.8% | $1.68 Billion | $37.67 Million | $5.58 Billion | ▲ +0.0 pp |
| 2015 | 97.7% | $1.61 Billion | $36.77 Million | $5.36 Billion | ▼ -2.3 pp |
| 2014 | 100.0% | $1.51 Billion | $0.00 | $5.21 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | $1.41 Billion | $0.00 | $4.57 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $1.31 Billion | $0.00 | $4.49 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $1.23 Billion | $0.00 | $4.28 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $1.17 Billion | $0.00 | $3.98 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $1.10 Billion | $0.00 | $3.91 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $1.04 Billion | $0.00 | $3.82 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $983.67 Million | $0.00 | $3.67 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $901.42 Million | $0.00 | $3.48 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $751.13 Million | $0.00 | $3.23 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $705.68 Million | $0.00 | $2.94 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $630.47 Million | $0.00 | $2.61 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $656.17 Million | $0.00 | $2.38 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $621.20 Million | $0.00 | $2.37 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $593.47 Million | $0.00 | $2.23 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $565.40 Million | $0.00 | $1.92 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $536.40 Million | $0.00 | $1.83 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $446.00 Million | $0.00 | $1.77 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $439.60 Million | $0.00 | $1.56 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $416.10 Million | $0.00 | $1.53 Billion | ▲ +30.7 pp |
| 1994 | 69.3% | $343.10 Million | $105.40 Million | $3.09 Billion | — |