Southwest Net Receivables vs Net Debt Analysis

SWX Stock

USD 77.53 0.65 0.83%

Southwest Gas financial indicator trend analysis is much more than just breaking down Southwest Gas Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southwest Gas Holdings is a good investment. Please check the relationship between Southwest Gas Net Receivables and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southwest Gas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Gas Holdings Net Receivables account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Southwest Gas' Net Receivables and Net Debt is 0.8. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Southwest Gas Holdings, assuming nothing else is changed. The correlation between historical values of Southwest Gas' Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Southwest Gas Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Southwest Gas' Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Southwest Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southwest Gas Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southwest Gas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Selling General Administrative is likely to drop to about 129.1 K in 2025. Tax Provision is likely to rise to about (52.8 M) in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	994.9M	1.0B	1.2B	927.5M
Total Revenue	5.0B	5.4B	6.2B	6.6B

Gross Profit Total Revenue

Southwest Gas fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Liab
Common Stock Shares Outstanding		0.87	0.82	-0.21	0.36	0.94	0.93	0.83	0.43	0.45	0.32	0.91	0.69	0.32	0.46	0.77	0.93	0.5	0.9	0.83	0.89	0.47	0.45	0.8	-0.76	0.79
Total Assets	0.87		0.99	0.21	0.74	0.96	0.98	0.99	0.43	0.7	0.71	0.98	0.55	0.71	0.76	0.7	0.98	0.74	0.96	1.0	0.98	0.76	0.76	0.76	-0.85	0.83
Short Long Term Debt Total	0.82	0.99		0.28	0.81	0.92	0.94	1.0	0.33	0.71	0.78	0.95	0.51	0.78	0.8	0.64	0.95	0.8	0.94	0.99	0.97	0.8	0.83	0.71	-0.83	0.74
Other Current Liab	-0.21	0.21	0.28		0.68	0.02	0.04	0.27	-0.29	0.59	0.54	0.05	-0.28	0.54	0.67	-0.18	0.07	0.52	0.2	0.28	0.15	0.73	0.41	-0.04	-0.22	-0.09
Total Current Liabilities	0.36	0.74	0.81	0.68		0.55	0.6	0.8	0.1	0.82	0.88	0.63	0.13	0.88	0.78	0.3	0.61	0.73	0.63	0.8	0.68	0.9	0.94	0.38	-0.58	0.41
Total Stockholder Equity	0.94	0.96	0.92	0.02	0.55		0.99	0.92	0.51	0.57	0.54	0.98	0.62	0.54	0.65	0.76	0.99	0.64	0.96	0.94	0.97	0.6	0.59	0.8	-0.83	0.89
Property Plant And Equipment Net	0.93	0.98	0.94	0.04	0.6	0.99		0.95	0.53	0.59	0.61	1.0	0.61	0.61	0.66	0.77	1.0	0.65	0.95	0.96	0.98	0.62	0.66	0.79	-0.83	0.89
Net Debt	0.83	0.99	1.0	0.27	0.8	0.92	0.95		0.33	0.71	0.76	0.96	0.52	0.76	0.8	0.64	0.96	0.8	0.95	0.99	0.97	0.8	0.82	0.71	-0.83	0.74
Retained Earnings	0.43	0.43	0.33	-0.29	0.1	0.51	0.53	0.33		0.29	0.19	0.53	0.29	0.19	-0.07	0.79	0.47	-0.14	0.28	0.39	0.43	-0.04	0.28	0.64	-0.53	0.76
Accounts Payable	0.45	0.7	0.71	0.59	0.82	0.57	0.59	0.71	0.29		0.56	0.59	0.15	0.56	0.58	0.58	0.61	0.46	0.61	0.74	0.62	0.86	0.74	0.65	-0.77	0.46
Cash	0.32	0.71	0.78	0.54	0.88	0.54	0.61	0.76	0.19	0.56		0.65	0.09	1.0	0.78	0.26	0.6	0.78	0.59	0.75	0.69	0.69	0.87	0.31	-0.53	0.44
Non Current Assets Total	0.91	0.98	0.95	0.05	0.63	0.98	1.0	0.96	0.53	0.59	0.65		0.6	0.65	0.66	0.76	0.99	0.67	0.94	0.96	0.98	0.62	0.7	0.78	-0.83	0.88
Non Currrent Assets Other	0.69	0.55	0.51	-0.28	0.13	0.62	0.61	0.52	0.29	0.15	0.09	0.6		0.09	0.26	0.46	0.62	0.36	0.57	0.52	0.56	0.18	0.22	0.49	-0.48	0.63
Cash And Short Term Investments	0.32	0.71	0.78	0.54	0.88	0.54	0.61	0.76	0.19	0.56	1.0	0.65	0.09		0.78	0.26	0.6	0.78	0.59	0.75	0.69	0.69	0.87	0.31	-0.53	0.44
Net Receivables	0.46	0.76	0.8	0.67	0.78	0.65	0.66	0.8	-0.07	0.58	0.78	0.66	0.26	0.78		0.19	0.69	0.95	0.79	0.78	0.73	0.86	0.62	0.35	-0.6	0.43
Common Stock Total Equity	0.77	0.7	0.64	-0.18	0.3	0.76	0.77	0.64	0.79	0.58	0.26	0.76	0.46	0.26	0.19		0.75	0.18	0.64	0.67	0.71	0.29	0.44	0.97	-0.83	0.76
Non Current Liabilities Total	0.93	0.98	0.95	0.07	0.61	0.99	1.0	0.96	0.47	0.61	0.6	0.99	0.62	0.6	0.69	0.75		0.68	0.97	0.97	0.98	0.66	0.66	0.79	-0.85	0.86
Other Current Assets	0.5	0.74	0.8	0.52	0.73	0.64	0.65	0.8	-0.14	0.46	0.78	0.67	0.36	0.78	0.95	0.18	0.68		0.79	0.76	0.73	0.75	0.63	0.35	-0.57	0.38
Other Stockholder Equity	0.9	0.96	0.94	0.2	0.63	0.96	0.95	0.95	0.28	0.61	0.59	0.94	0.57	0.59	0.79	0.64	0.97	0.79		0.95	0.96	0.73	0.6	0.74	-0.82	0.75
Total Liab	0.83	1.0	0.99	0.28	0.8	0.94	0.96	0.99	0.39	0.74	0.75	0.96	0.52	0.75	0.78	0.67	0.97	0.76	0.95		0.97	0.8	0.81	0.73	-0.84	0.79
Property Plant And Equipment Gross	0.89	0.98	0.97	0.15	0.68	0.97	0.98	0.97	0.43	0.62	0.69	0.98	0.56	0.69	0.73	0.71	0.98	0.73	0.96	0.97		0.69	0.71	0.76	-0.83	0.82
Total Current Assets	0.47	0.76	0.8	0.73	0.9	0.6	0.62	0.8	-0.04	0.86	0.69	0.62	0.18	0.69	0.86	0.29	0.66	0.75	0.73	0.8	0.69		0.73	0.43	-0.66	0.39
Short Term Debt	0.45	0.76	0.83	0.41	0.94	0.59	0.66	0.82	0.28	0.74	0.87	0.7	0.22	0.87	0.62	0.44	0.66	0.63	0.6	0.81	0.71	0.73		0.46	-0.59	0.5
Common Stock	0.8	0.76	0.71	-0.04	0.38	0.8	0.79	0.71	0.64	0.65	0.31	0.78	0.49	0.31	0.35	0.97	0.79	0.35	0.74	0.73	0.76	0.43	0.46		-0.92	0.72
Current Deferred Revenue	-0.76	-0.85	-0.83	-0.22	-0.58	-0.83	-0.83	-0.83	-0.53	-0.77	-0.53	-0.83	-0.48	-0.53	-0.6	-0.83	-0.85	-0.57	-0.82	-0.84	-0.83	-0.66	-0.59	-0.92		-0.72
Other Liab	0.79	0.83	0.74	-0.09	0.41	0.89	0.89	0.74	0.76	0.46	0.44	0.88	0.63	0.44	0.43	0.76	0.86	0.38	0.75	0.79	0.82	0.39	0.5	0.72	-0.72

Click cells to compare fundamentals

Southwest Gas Account Relationship Matchups

Southwest Gas fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	56.1M	59.3M	65.6M	71.0M	81.6M	85.7M
Total Assets	8.7B	12.8B	13.2B	11.9B	13.7B	14.3B
Short Long Term Debt Total	2.9B	6.3B	6.0B	5.4B	6.3B	6.6B
Other Current Liab	461.1M	471.1M	1.1B	556.1M	639.6M	351.0M
Total Current Liabilities	912.0M	3.1B	3.4B	1.7B	1.9B	2.0B
Total Stockholder Equity	2.7B	3.0B	3.1B	3.3B	3.8B	4.0B
Property Plant And Equipment Net	7.0B	8.9B	8.3B	8.6B	9.9B	10.4B
Net Debt	2.8B	6.1B	5.9B	5.3B	6.1B	6.4B
Retained Earnings	1.1B	1.1B	747.1M	738.8M	849.7M	437.9M
Accounts Payable	231.3M	353.4M	662.1M	346.9M	398.9M	211.7M
Cash	83.4M	222.7M	123.1M	106.5M	122.5M	128.6M
Non Current Assets Total	7.9B	11.2B	9.5B	10.0B	11.5B	12.1B
Non Currrent Assets Other	368.0M	458.5M	395.9M	560.6M	644.6M	676.9M
Cash And Short Term Investments	83.4M	222.7M	123.1M	106.5M	122.5M	128.6M
Net Receivables	615.5M	808.8M	963.1M	981.5M	1.1B	1.2B
Common Stock Total Equity	54.7M	56.6M	58.8M	62.1M	71.4M	46.7M
Liabilities And Stockholders Equity	8.7B	12.8B	13.2B	11.9B	13.7B	14.3B
Non Current Liabilities Total	5.0B	6.5B	6.6B	6.8B	7.8B	8.2B
Other Current Assets	172.2M	583.2M	433.9M	709.7M	816.1M	857.0M
Other Stockholder Equity	1.6B	1.8B	2.3B	2.5B	2.9B	3.1B
Total Liab	5.9B	9.6B	10.0B	8.5B	9.7B	10.2B
Property Plant And Equipment Gross	9.9B	12.8B	11.6B	12.3B	14.1B	14.8B
Total Current Assets	871.0M	1.6B	3.7B	1.9B	2.2B	2.3B
Accumulated Other Comprehensive Income	(61.0M)	(46.8M)	(44.2M)	(43.8M)	(50.4M)	(52.9M)
Short Term Debt	158.3M	2.2B	1.6B	732.5M	842.4M	884.5M
Common Stock	58.8M	62.1M	68.7M	73.2M	84.2M	48.8M
Current Deferred Revenue	67.9M	59.3M	51.2M	48.5M	43.6M	67.7M
Other Liab	2.1B	2.3B	2.4B	2.0B	2.3B	2.5B
Other Assets	7.5B	458.7M	137.0M	(552.9M)	(635.8M)	(604.0M)
Long Term Debt	2.7B	4.1B	4.4B	4.6B	5.3B	5.6B
Property Plant Equipment	6.3B	7.0B	8.9B	1.1B	1.3B	1.3B
Inventory	2.1M	291.1M	2.2B	83.4M	95.9M	91.1M
Net Tangible Assets	2.2B	2.8B	3.2B	2.3B	2.6B	2.2B
Good Will	345.2M	1.8B	787.3M	789.7M	908.2M	549.4M
Deferred Long Term Liab	496.9M	508.9M	458.5M	395.9M	356.4M	366.4M
Short Long Term Debt	147.4M	2.2B	1.6B	671.1M	771.7M	605.0M
Long Term Debt Total	2.3B	2.7B	4.1B	4.4B	5.1B	2.8B
Capital Surpluse	1.5B	1.6B	1.8B	2.3B	2.6B	1.5B
Intangible Assets	140.2M	426.5M	395.2M	369.0M	424.4M	219.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Southwest Net Receivables vs Net Debt Analysis

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Net Debt

Southwest Gas fundamental ratios Correlations

Southwest Gas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southwest Gas fundamental ratios Accounts

Also Currently Popular

Additional Tools for Southwest Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets

Current Deferred Revenue	- 0.92	Common Stock
Current Deferred Revenue	- 0.85	Non Current Liabilities Total
Current Deferred Revenue	- 0.85	Total Assets
Current Deferred Revenue	- 0.84	Total Liab
Current Deferred Revenue	- 0.83	Property Plant And Equipment Gross
Current Deferred Revenue	- 0.83	Common Stock Total Equity