Southwest Gas Holdings Stock Z Score

SWX Stock

USD 77.51 0.04 0.05%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Southwest Gas Piotroski F Score and Southwest Gas Valuation analysis.

At this time, Southwest Gas' Net Working Capital is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 289.5 M in 2024, whereas Capital Surpluse is likely to drop slightly above 1.5 B in 2024. At this time, Southwest Gas' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 306.9 M in 2024, whereas Gross Profit is likely to drop slightly above 927.5 M in 2024.

Southwest Gas Holdings Company Z Score Analysis

Southwest Gas' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Southwest Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Southwest Gas is extremely important. It helps to project a fair market value of Southwest Stock properly, considering its historical fundamentals such as Z Score. Since Southwest Gas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Southwest Gas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Southwest Gas' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Good Will	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Intangible Assets	Short Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.98	0.48	0.72	0.67	0.99	0.72	0.79	0.76	-0.87	0.98	0.11	0.86	0.8	-0.62	-0.69	0.82	0.9	0.89	0.94	0.91	0.88	0.95	-0.05	0.88
Total Stockholder Equity	0.95		0.89	0.58	0.56	0.52	0.92	0.53	0.59	0.82	-0.84	0.94	0.15	0.84	0.66	-0.59	-0.75	0.65	0.82	0.84	0.83	0.81	0.77	0.84	0.05	0.82
Net Debt	0.98	0.89		0.35	0.73	0.73	0.99	0.77	0.85	0.69	-0.84	0.98	0.04	0.83	0.85	-0.66	-0.59	0.86	0.92	0.88	0.95	0.96	0.9	0.98	-0.11	0.9
Retained Earnings	0.48	0.58	0.35		0.27	-0.11	0.42	-0.06	0.28	0.71	-0.55	0.34	0.7	0.65	0.46	0.13	-0.68	0.41	0.38	0.39	0.44	0.11	0.49	0.35	-0.36	0.11
Accounts Payable	0.72	0.56	0.73	0.27		0.57	0.76	0.88	0.74	0.62	-0.76	0.66	-0.08	0.53	0.59	-0.46	-0.44	0.76	0.79	0.77	0.81	0.64	0.63	0.78	0.09	0.67
Net Receivables	0.67	0.52	0.73	-0.11	0.57		0.71	0.84	0.62	0.18	-0.52	0.73	-0.23	0.58	0.54	-0.57	-0.38	0.56	0.7	0.7	0.69	0.76	0.61	0.73	0.1	0.76
Total Liab	0.99	0.92	0.99	0.42	0.76	0.71		0.77	0.84	0.73	-0.86	0.98	0.08	0.85	0.83	-0.63	-0.65	0.86	0.91	0.89	0.96	0.92	0.89	0.97	-0.09	0.88
Total Current Assets	0.72	0.53	0.77	-0.06	0.88	0.84	0.77		0.72	0.36	-0.64	0.73	-0.31	0.48	0.54	-0.61	-0.34	0.69	0.75	0.74	0.76	0.77	0.59	0.79	0.21	0.78
Short Term Debt	0.79	0.59	0.85	0.28	0.74	0.62	0.84	0.72		0.48	-0.62	0.73	0.21	0.71	0.94	-0.38	-0.39	0.98	0.77	0.67	0.89	0.78	0.89	0.88	-0.47	0.63
Common Stock	0.76	0.82	0.69	0.71	0.62	0.18	0.73	0.36	0.48		-0.88	0.7	0.19	0.7	0.58	-0.41	-0.6	0.58	0.79	0.81	0.75	0.58	0.66	0.72	0.02	0.66
Current Deferred Revenue	-0.87	-0.84	-0.84	-0.55	-0.76	-0.52	-0.86	-0.64	-0.62	-0.88		-0.86	-0.02	-0.74	-0.68	0.62	0.65	-0.7	-0.91	-0.91	-0.88	-0.76	-0.77	-0.85	-0.05	-0.82
Long Term Debt	0.98	0.94	0.98	0.34	0.66	0.73	0.98	0.73	0.73	0.7	-0.86		-0.02	0.81	0.75	-0.71	-0.63	0.75	0.9	0.89	0.91	0.95	0.84	0.94	0.04	0.94
Property Plant Equipment	0.11	0.15	0.04	0.7	-0.08	-0.23	0.08	-0.31	0.21	0.19	-0.02	-0.02		0.45	0.38	0.49	-0.39	0.27	0.02	-0.01	0.14	-0.17	0.33	0.06	-0.68	-0.27
Net Tangible Assets	0.86	0.84	0.83	0.65	0.53	0.58	0.85	0.48	0.71	0.7	-0.74	0.81	0.45		0.82	-0.26	-0.69	0.74	0.82	0.81	0.85	0.69	0.89	0.84	-0.3	0.67
Good Will	0.8	0.66	0.85	0.46	0.59	0.54	0.83	0.54	0.94	0.58	-0.68	0.75	0.38	0.82		-0.33	-0.46	0.95	0.8	0.7	0.9	0.76	0.97	0.88	-0.6	0.61
Deferred Long Term Liab	-0.62	-0.59	-0.66	0.13	-0.46	-0.57	-0.63	-0.61	-0.38	-0.41	0.62	-0.71	0.49	-0.26	-0.33		0.43	-0.37	-0.62	-0.61	-0.57	-0.78	-0.44	-0.6	-0.38	-0.8
Long Term Investments	-0.69	-0.75	-0.59	-0.68	-0.44	-0.38	-0.65	-0.34	-0.39	-0.6	0.65	-0.63	-0.39	-0.69	-0.46	0.43		-0.46	-0.56	-0.6	-0.6	-0.45	-0.56	-0.54	0.0	-0.48
Short Long Term Debt	0.82	0.65	0.86	0.41	0.76	0.56	0.86	0.69	0.98	0.58	-0.7	0.75	0.27	0.74	0.95	-0.37	-0.46		0.79	0.69	0.91	0.77	0.91	0.89	-0.48	0.62
Long Term Debt Total	0.9	0.82	0.92	0.38	0.79	0.7	0.91	0.75	0.77	0.79	-0.91	0.9	0.02	0.82	0.8	-0.62	-0.56	0.79		0.98	0.96	0.88	0.88	0.96	-0.04	0.91
Capital Surpluse	0.89	0.84	0.88	0.39	0.77	0.7	0.89	0.74	0.67	0.81	-0.91	0.89	-0.01	0.81	0.7	-0.61	-0.6	0.69	0.98		0.92	0.83	0.8	0.92	0.1	0.91
Intangible Assets	0.94	0.83	0.95	0.44	0.81	0.69	0.96	0.76	0.89	0.75	-0.88	0.91	0.14	0.85	0.9	-0.57	-0.6	0.91	0.96	0.92		0.88	0.95	0.98	-0.2	0.84
Short Term Investments	0.91	0.81	0.96	0.11	0.64	0.76	0.92	0.77	0.78	0.58	-0.76	0.95	-0.17	0.69	0.76	-0.78	-0.45	0.77	0.88	0.83	0.88		0.82	0.93	-0.01	0.95
Cash And Equivalents	0.88	0.77	0.9	0.49	0.63	0.61	0.89	0.59	0.89	0.66	-0.77	0.84	0.33	0.89	0.97	-0.44	-0.56	0.91	0.88	0.8	0.95	0.82		0.92	-0.44	0.71
Net Invested Capital	0.95	0.84	0.98	0.35	0.78	0.73	0.97	0.79	0.88	0.72	-0.85	0.94	0.06	0.84	0.88	-0.6	-0.54	0.89	0.96	0.92	0.98	0.93	0.92		-0.15	0.89
Net Working Capital	-0.05	0.05	-0.11	-0.36	0.09	0.1	-0.09	0.21	-0.47	0.02	-0.05	0.04	-0.68	-0.3	-0.6	-0.38	0.0	-0.48	-0.04	0.1	-0.2	-0.01	-0.44	-0.15		0.24
Capital Stock	0.88	0.82	0.9	0.11	0.67	0.76	0.88	0.78	0.63	0.66	-0.82	0.94	-0.27	0.67	0.61	-0.8	-0.48	0.62	0.91	0.91	0.84	0.95	0.71	0.89	0.24

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Southwest Gas

Based on the company's disclosures, Southwest Gas Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Gas Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Southwest Gas ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Southwest Gas' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southwest Gas' managers, analysts, and investors.

Environmental

Governance

Social

Southwest Gas Institutional Holders

Institutional Holdings refers to the ownership stake in Southwest Gas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Southwest Gas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Southwest Gas' value.

		Shares
Principal Financial Group Inc	2024-09-30	1.1 M
Gabelli Funds Llc	2024-09-30	1.1 M
Bank Of New York Mellon Corp	2024-06-30	1.1 M
Dimensional Fund Advisors, Inc.	2024-09-30	1 M
Charles Schwab Investment Management Inc	2024-09-30	977.8 K
Macquarie Group Ltd	2024-06-30	909.1 K
Gamco Investors, Inc. Et Al	2024-09-30	852.3 K
Adage Capital Partners Gp Llc	2024-06-30	800 K
Morgan Stanley - Brokerage Accounts	2024-06-30	785.3 K
Icahn Carl C	2024-09-30	11 M
Blackrock Inc	2024-06-30	8.9 M

Southwest Fundamentals

	Return On Equity	0.0524
	Return On Asset	0.0242
	Profit Margin	0.03 %
	Operating Margin	0.06 %
	Current Valuation	10.18 B
	Shares Outstanding	71.74 M
	Shares Owned By Insiders	0.49 %
	Shares Owned By Institutions	90.42 %
	Number Of Shares Shorted	1.55 M
	Price To Earning	16.91 X
	Price To Book	1.61 X
	Price To Sales	1.07 X
	Revenue	5.43 B
	Gross Profit	994.87 M
	EBITDA	950.86 M
	Net Income	150.89 M
	Cash And Equivalents	123.08 M
	Cash Per Share	3.22 X
	Total Debt	5.44 B
	Debt To Equity	1.70 %
	Current Ratio	0.70 X
	Book Value Per Share	48.16 X
	Cash Flow From Operations	509.21 M
	Short Ratio	6.34 X
	Earnings Per Share	2.50 X
	Price To Earnings To Growth	3.76 X
	Target Price	79.75
	Number Of Employees	14.94 K
	Beta	0.37
	Market Capitalization	5.56 B
	Total Asset	11.87 B
	Retained Earnings	738.84 M
	Working Capital	196.27 M
	Current Asset	261.77 M
	Current Liabilities	313.18 M
	Annual Yield	0.03 %
	Five Year Return	2.95 %
	Net Asset	11.87 B
	Last Dividend Paid	2.48

About Southwest Gas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Southwest Gas Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southwest Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southwest Gas Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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Southwest Gas Holdings Stock Z Score

Southwest Gas Holdings Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Southwest Z Score Driver Correlations

Southwest Gas ESG Sustainability

Southwest Gas Institutional Holders

Southwest Fundamentals

About Southwest Gas Fundamental Analysis

Also Currently Popular

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