Southwest Gas Holdings Inc (SWX) — Working Capital to Net Assets Ratio
Southwest Gas Holdings Inc (SWX) has a Working Capital to Net Assets ratio of 2.2% as of June 2026. Working capital of $90.52 Million (current assets of $867.80 Million minus current liabilities of $777.28 Million) is measured against net assets of $4.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Southwest Gas Holdings Inc (SWX) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Southwest Gas Holdings Inc Working Capital to Net Assets (1994–2025)
This chart shows how Southwest Gas Holdings Inc's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 2.2%, reflecting working capital of $90.52 Million against net assets of $4.13 Billion USD. For the complete balance sheet picture, see how large is Southwest Gas Holdings Inc's balance sheet.
Annual Working Capital to Net Assets for Southwest Gas Holdings Inc (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Southwest Gas Holdings Inc from 1994 to 2025, covering 32 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check SWX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 6.5% | $256.98 Million | $3.96 Billion | $1.19 Billion | $929.90 Million | ▲ +16.5 pp |
| 2024 | -10.0% | $-367.62 Million | $3.69 Billion | $1.46 Billion | $1.83 Billion | ▼ -15.7 pp |
| 2023 | 5.7% | $196.27 Million | $3.41 Billion | $1.88 Billion | $1.68 Billion | ▼ -3.1 pp |
| 2022 | 8.8% | $284.70 Million | $3.22 Billion | $3.71 Billion | $3.42 Billion | ▲ +56.4 pp |
| 2021 | -47.5% | $-1.50 Billion | $3.15 Billion | $1.61 Billion | $3.11 Billion | ▼ -46.1 pp |
| 2020 | -1.4% | $-40.95 Million | $2.84 Billion | $871.01 Million | $911.97 Million | ▲ +7.1 pp |
| 2019 | -8.5% | $-220.00 Million | $2.59 Billion | $859.86 Million | $1.08 Billion | ▼ -4.3 pp |
| 2018 | -4.2% | $-98.88 Million | $2.33 Billion | $839.77 Million | $938.64 Million | ▲ +4.5 pp |
| 2017 | -8.8% | $-158.85 Million | $1.81 Billion | $657.03 Million | $815.88 Million | ▼ -3.1 pp |
| 2016 | -5.6% | $-95.07 Million | $1.68 Billion | $533.31 Million | $628.38 Million | ▼ -7.1 pp |
| 2015 | 1.4% | $23.13 Million | $1.61 Billion | $558.17 Million | $535.04 Million | ▼ -7.6 pp |
| 2014 | 9.1% | $136.67 Million | $1.51 Billion | $606.78 Million | $470.12 Million | ▲ +4.8 pp |
| 2013 | 4.3% | $60.51 Million | $1.41 Billion | $494.67 Million | $434.16 Million | ▲ +10.1 pp |
| 2012 | -5.9% | $-76.71 Million | $1.31 Billion | $458.42 Million | $535.13 Million | ▲ +25.6 pp |
| 2011 | -31.5% | $-385.94 Million | $1.23 Billion | $461.63 Million | $847.57 Million | ▼ -18.6 pp |
| 2010 | -12.9% | $-151.07 Million | $1.17 Billion | $445.89 Million | $596.96 Million | ▼ -7.8 pp |
| 2009 | -5.1% | $-56.60 Million | $1.10 Billion | $417.63 Million | $474.23 Million | ▲ +1.8 pp |
| 2008 | -6.9% | $-71.82 Million | $1.04 Billion | $438.08 Million | $509.89 Million | ▼ -4.3 pp |
| 2007 | -2.6% | $-25.47 Million | $983.67 Million | $502.46 Million | $527.93 Million | ▼ -3.2 pp |
| 2006 | 0.6% | $5.56 Million | $901.42 Million | $501.62 Million | $496.06 Million | ▲ +11.0 pp |
| 2005 | -10.4% | $-78.29 Million | $751.13 Million | $542.66 Million | $620.95 Million | ▼ -3.2 pp |
| 2004 | -7.2% | $-51.04 Million | $705.68 Million | $431.99 Million | $483.03 Million | ▼ -2.6 pp |
| 2003 | -4.7% | $-29.32 Million | $630.47 Million | $281.09 Million | $310.41 Million | ▲ +3.2 pp |
| 2002 | -7.8% | $-51.41 Million | $656.17 Million | $261.77 Million | $313.18 Million | ▲ +32.9 pp |
| 2001 | -40.7% | $-252.89 Million | $621.20 Million | $400.15 Million | $653.04 Million | ▼ -27.5 pp |
| 2000 | -13.2% | $-78.30 Million | $593.47 Million | $403.23 Million | $481.53 Million | ▼ -3.3 pp |
| 1999 | -9.9% | $-55.80 Million | $565.40 Million | $209.10 Million | $264.90 Million | ▼ -9.2 pp |
| 1998 | -0.6% | $-3.40 Million | $536.40 Million | $247.40 Million | $250.80 Million | ▲ +7.4 pp |
| 1997 | -8.0% | $-35.90 Million | $446.00 Million | $288.50 Million | $324.40 Million | ▲ +15.0 pp |
| 1996 | -23.1% | $-101.50 Million | $439.60 Million | $159.80 Million | $261.30 Million | ▼ -20.0 pp |
| 1995 | -3.1% | $-13.00 Million | $416.10 Million | $317.20 Million | $330.20 Million | ▲ +40.9 pp |
| 1994 | -44.1% | $-151.20 Million | $343.10 Million | $1.80 Billion | $1.96 Billion | — |