Southwest Gas Holdings Inc (SWX) - Total Assets
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. See net assets of Southwest Gas Holdings Inc for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market value of Southwest Gas Holdings Inc.
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 |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL
|
India | Rs1.36 Trillion |
|
One Gas Inc
NYSE:OGS
|
USA | $8.85 Billion |
|
Equus Energy Ltd
AU:EQU
|
Australia | AU$3.91 Million |
|
Hsin Tai Gas Co Ltd
TWO:8917
|
Taiwan | NT$5.83 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.37 Trillion |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$651.59 Billion |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
Argentina | AR$658.27 Billion |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
Argentina | AR$370.42 Billion |
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 | 0.52 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | $12.02 Billion |
| Market Capitalization | $6.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Southwest Gas Holdings Inc's assets below their book value (0.52x), 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 | -- |
About 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