Southwest Debt To Equity from 2010 to 2024

SWX Stock  USD 78.30  0.23  0.29%   
Southwest Gas Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
1.60470249
Current Value
1.74
Quarterly Volatility
0.51737761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 463 M, Interest Expense of 306.9 M or Total Revenue of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0363 or PTB Ratio of 1.16. Southwest financial statements analysis is a perfect complement when working with Southwest Gas Valuation or Volatility modules.
  
Check out the analysis of Southwest Gas Correlation against competitors.

Latest Southwest Gas' Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Southwest Gas Holdings over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Southwest Gas' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Gas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.70 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Southwest Debt To Equity Regression Statistics

Arithmetic Mean1.36
Geometric Mean1.29
Coefficient Of Variation38.03
Mean Deviation0.43
Median1.08
Standard Deviation0.52
Sample Variance0.27
Range1.6257
R-Value0.22
Mean Square Error0.27
R-Squared0.05
Significance0.44
Slope0.03
Total Sum of Squares3.75

Southwest Debt To Equity History

2024 1.74
2023 1.6
2022 1.96
2021 2.14
2020 1.08
2019 1.07

About Southwest Gas Financial Statements

Southwest Gas investors use historical fundamental indicators, such as Southwest Gas' Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 1.60  1.74 

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Additional Tools for Southwest Stock Analysis

When running Southwest Gas' price analysis, check to measure Southwest Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.