Southwest Gas Holdings Inc
Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California. The company operates through two segments, Natural Gas Distribution and Utility Infrastructure Services. It offers tariff sales and transportation services. The company also provides installation, repla… Read more
Southwest Gas Holdings Inc (SWX) - Total Assets
Latest total assets as of September 2025: $10.33 Billion USD
Based on the latest financial reports, Southwest Gas Holdings Inc (SWX) holds total assets worth $10.33 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Southwest Gas Holdings Inc - Total Assets Trend (1994–2024)
This chart illustrates how Southwest Gas Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Southwest Gas Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Southwest Gas Holdings Inc's total assets of $10.33 Billion consist of 12.2% current assets and 87.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $363.79 Million | 3.0% |
| Accounts Receivable | $821.64 Million | 6.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $695.05 Million | 5.8% |
| Intangible Assets | $340.90 Million | 2.8% |
| Goodwill | $781.20 Million | 6.5% |
Asset Composition Trend (1994–2024)
This chart illustrates how Southwest Gas Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Southwest Gas Holdings Inc's current assets represent 12.2% of total assets in 2024, a decrease from 58.4% in 1994.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, down from 4.2% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 3.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 6.8% of total assets.
Southwest Gas Holdings Inc Competitors by Total Assets
Key competitors of Southwest Gas Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
Southwest Gas Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Southwest Gas Holdings Inc generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Southwest Gas Holdings Inc generates $ 1.65 in net profit.
Southwest Gas Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.55 | 0.85 | 0.96 |
| Quick Ratio | 1.43 | 0.85 | 0.95 |
| Cash Ratio | 0.97 | 0.27 | 0.00 |
| Working Capital | $438.79 Million | $ -247.35 Million | $ -40.95 Million |
Southwest Gas Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Southwest Gas Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.62 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | $12.02 Billion |
| Market Capitalization | $5.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Southwest Gas Holdings Inc's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Southwest Gas Holdings Inc's assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Southwest Gas Holdings Inc (1994–2024)
The table below shows the annual total assets of Southwest Gas Holdings Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.02 Billion | +1.30% |
| 2023-12-31 | $11.87 Billion | -10.05% |
| 2022-12-31 | $13.20 Billion | +3.38% |
| 2021-12-31 | $12.77 Billion | +46.12% |
| 2020-12-31 | $8.74 Billion | +6.93% |
| 2019-12-31 | $8.17 Billion | +11.04% |
| 2018-12-31 | $7.36 Billion | +17.97% |
| 2017-12-31 | $6.24 Billion | +11.75% |
| 2016-12-31 | $5.58 Billion | +4.15% |
| 2015-12-31 | $5.36 Billion | +2.76% |
| 2014-12-31 | $5.21 Billion | +14.22% |
| 2013-12-31 | $4.57 Billion | +1.72% |
| 2012-12-31 | $4.49 Billion | +4.96% |
| 2011-12-31 | $4.28 Billion | +7.32% |
| 2010-12-31 | $3.98 Billion | +1.99% |
| 2009-12-31 | $3.91 Billion | +2.25% |
| 2008-12-31 | $3.82 Billion | +4.09% |
| 2007-12-31 | $3.67 Billion | +5.31% |
| 2006-12-31 | $3.48 Billion | +7.95% |
| 2005-12-31 | $3.23 Billion | +9.88% |
| 2004-12-31 | $2.94 Billion | +12.65% |
| 2003-12-31 | $2.61 Billion | +9.68% |
| 2002-12-31 | $2.38 Billion | +0.35% |
| 2001-12-31 | $2.37 Billion | +6.15% |
| 2000-12-31 | $2.23 Billion | +16.06% |
| 1999-12-31 | $1.92 Billion | +5.06% |
| 1998-12-31 | $1.83 Billion | +3.48% |
| 1997-12-31 | $1.77 Billion | +13.38% |
| 1996-12-31 | $1.56 Billion | +1.81% |
| 1995-12-31 | $1.53 Billion | -50.40% |
| 1994-12-31 | $3.09 Billion | -- |