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Southwest Gas Holdings SWX
$ 81.85 2.23%

Quarterly report 2025-Q3
added 11-05-2025

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Southwest Gas Holdings Balance Sheet 2011-2025 | SWX

Annual Balance Sheet Southwest Gas Holdings

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

4.01 B 4.55 B 4.32 B 4.19 B 2.69 B 2.63 B 2.21 B 1.99 B 1.57 B 1.55 B 1.62 B 1.35 B 1.29 B 1.23 B

Long Term Debt

4.35 B 4.61 B 4.4 B 4.12 B 2.73 B 2.3 B 2.11 B 1.8 B 1.55 B 1.55 B 1.64 B 1.38 B 1.27 B 931 M

Long Term Debt Current

30 M 42.6 M 44.6 M 297 M 40.4 M 164 M 33.1 M 25.3 M - - - - - -

Total Non Current Liabilities

- - - - - 4.58 B 4.17 B 3.61 B 3.29 B 3.23 B 3.26 B 2.72 B 2.64 B 2.2 B

Total Current Liabilities

1.83 B 1.68 B 3.42 B 3.11 B 912 M 1.08 B 939 M 816 M - - - - - -

Total Liabilities

- - - - - 5.66 B 5.11 B 4.42 B 3.92 B 3.77 B 3.73 B 3.15 B 3.18 B 3.05 B

Deferred Revenue

63.9 M 48.5 M 51.2 M 59.3 M 455 K 69.2 M 67.9 M 69.8 M 72.3 M 72.6 M 71.5 M 73.4 M 77.9 M 83.8 M

Retained Earnings

759 M 739 M 747 M 1.11 B 1.07 B 1.04 B 944 M 857 M 759 M 699 M 639 M 568 M 484 M 406 M

Total Assets

12 B 11.9 B 13.2 B 12.8 B 8.74 B 8.17 B 7.36 B 6.24 B 5.58 B 5.36 B 5.21 B 4.57 B 4.49 B 4.28 B

Cash and Cash Equivalents

364 M 107 M 123 M 223 M 83.4 M 49.5 M 85.4 M 43.6 M 28.1 M - - - - -

Book Value

12 B 11.9 B 13.2 B 12.8 B 8.74 B 2.51 B 2.25 B 1.81 B 1.66 B 1.59 B 1.49 B 1.41 B 1.31 B 1.23 B

Total Shareholders Equity

3.5 B 3.31 B 3.06 B 2.95 B 2.67 B 2.51 B 2.25 B 1.81 B 1.66 B 1.59 B - - - -

All numbers in USD currency

Quarterly Balance Sheet Southwest Gas Holdings

2025-Q3 2025-Q2 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

3.51 B 4.4 B 3.5 B 4.38 B 5.06 B 4.65 B 4.61 B 5.24 B 5.28 B 4.58 B 4.4 B 5.87 B 4.59 B 4.56 B 4.12 B 3.57 B 2.48 B 2.7 B 2.73 B 2.73 B 2.73 B 2.73 B 2.3 B 2.3 B 2.3 B 2.3 B 2.11 B 2.11 B 2.11 B 2.11 B 1.8 B 1.8 B 1.8 B 1.8 B 1.55 B 1.55 B 1.55 B 1.55 B - - - - - - - - - - - - - - - - - - - -

Deferred Revenue

67 M 67.1 M 63.9 M 60.8 M 57.4 M 52.6 M 48.5 M 47.2 M 48.4 M 50.4 M 51.2 M 55 M 54 M 57.6 M 59.3 M 51.8 M 44.1 M 67.1 M 67.9 M 67.9 M 67.9 M 67.9 M 69.2 M 69.2 M 69.2 M 69.2 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

999 M 770 M 759 M 711 M 755 M 782 M 739 M 669 M 697 M 743 M 747 M 1.11 B 1.16 B 1.19 B 1.11 B 1.08 B 1.11 B 1.11 B 1.07 B 1.07 B 1.07 B 1.07 B 1.04 B 1.04 B 1.04 B 1.04 B 944 M 944 M 944 M 944 M 857 M 857 M 857 M 857 M 759 M 759 M 759 M 759 M - - - - - - - - - - - - - - - - - - - -

Total Assets

10.3 B 12.2 B 12.1 B 11.9 B 12 B 11.9 B 11.9 B 11.8 B 12 B 11.8 B 13.2 B 13.1 B 12.9 B 13.2 B 12.8 B 10.4 B 9.04 B 8.93 B 8.74 B 8.74 B 8.74 B 8.74 B 8.17 B 8.17 B 8.17 B 8.17 B 7.36 B 7.36 B 7.36 B 7.36 B 6.24 B 6.24 B 6.24 B 6.24 B 5.58 B 5.58 B 5.58 B 5.58 B 5.36 B - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

779 M 356 M 315 M 457 M 600 M 458 M 107 M 105 M 221 M 82.1 M 123 M 175 M 216 M 625 M 223 M 187 M 47.6 M 92.3 M 83.4 M 83.4 M 200 M 83.4 M 49.5 M 49.5 M 49.5 M 49.5 M 85.4 M 85.4 M 85.4 M 85.4 M 43.6 M 43.6 M 43.6 M 43.6 M 28.1 M 28.1 M 28.1 M 28.1 M 36 M 33 M 48.9 M 38 M 39.6 M - - - - - - - - - - - - - - -

Book Value

10.3 B 12.2 B 12.1 B 11.9 B 12 B 11.9 B 11.9 B 11.8 B 12 B 11.8 B 13.2 B 13.1 B 12.9 B 13.2 B 12.8 B 10.4 B 9.04 B 8.93 B 8.74 B 8.74 B 8.74 B 8.74 B 8.17 B 8.17 B 8.17 B 8.17 B 7.36 B 7.36 B 7.36 B 7.36 B 6.24 B 6.24 B 6.24 B 6.24 B 5.58 B 5.58 B 5.58 B 5.58 B 5.36 B - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

3.93 B 3.67 B 3.5 B 3.63 B 3.67 B 3.36 B 3.31 B 3.24 B 3.26 B 3.3 B 3.06 B 3.41 B 3.46 B 3.49 B 2.95 B 2.91 B 2.85 B 2.77 B 2.67 B 2.67 B 2.67 B 2.67 B 2.51 B 2.51 B 2.51 B 2.51 B 2.25 B 2.25 B 2.25 B 2.25 B 1.81 B 1.81 B 1.81 B 1.81 B 1.66 B 1.66 B 1.66 B 1.66 B 1.59 B - - - 1.49 B - - - - - - - - - - - - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of Southwest Gas Holdings, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Utilities regulated gas

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New Jersey Resources Corporation New Jersey Resources Corporation
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RGC Resources RGC Resources
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Northwest Natural Holding Company Northwest Natural Holding Company
NWN
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Spire Spire
SR
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NiSource NiSource
NI
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ONE Gas ONE Gas
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UGI Corporation UGI Corporation
UGI
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