Southwest Gas Balance Sheet
NYSE: SWXUtilitiesOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Southwest Gas financial position
At the end of fiscal 2025, Southwest Gas reported total assets of $10.43 billion, down 13.6% from a year earlier against total liabilities of $6.47 billion. Shareholders' equity stood at $3.96 billion, or 38.0% of assets. The company held $576.6 million in cash and equivalents against $3.51 billion of debt, a net debt position of $2.93 billion.
The current ratio (current assets divided by current liabilities) was 1.28, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.89.
Summary generated from market data by MetaCap's automated system. Methodology
Southwest Gas balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 576.64M | 314.77M | 106.54M | 123.08M | 222.70M | 83.35M | 49.54M | 85.36M | 43.62M | 28.07M |
| Receivables | 170.60M | 203.01M | 886.55M | 866.25M | 707.13M | 522.17M | 474.10M | 413.93M | 347.38M | 285.14M |
| Total Current Assets | 1.19B | 1.46B | 1.88B | 3.71B | 1.61B | 871.01M | 859.86M | 839.77M | 657.03M | 533.31M |
| Goodwill | 11.15M | 11.15M | 789.73M | 787.25M | 1.78B | 345.18M | 343.02M | 359.05M | 179.31M | 139.98M |
| Total Assets | 10.43B | 12.07B | 9.28B | 13.20B | 12.77B | 8.74B | 8.17B | 7.36B | 6.24B | 5.58B |
| Accounts Payable | 225.73M | 190.92M | 346.91M | 662.09M | 353.37M | 231.30M | 238.92M | 248.99M | 228.31M | 184.67M |
| Short-Term Debt | 75.00M | 680.00M | 671.05M | 1.59B | 2.21B | 147.43M | 374.51M | 185.06M | 239.85M | 50.10M |
| Total Current Liabilities | 929.90M | 1.83B | 1.68B | 3.42B | 3.11B | 911.97M | 1.08B | 938.64M | 815.88M | 628.38M |
| Long-Term Debt | 3.43B | 3.50B | 4.61B | 4.40B | 4.12B | 2.73B | 2.30B | 2.11B | 1.80B | 1.55B |
| Total Liabilities | 6.47B | 8.39B | 8.56B | 10.14B | 9.81B | 6.06B | 5.66B | 5.11B | 4.42B | 3.92B |
| Shareholders' Equity | 3.96B | 3.50B | 3.31B | 3.06B | 2.95B | 2.67B | 2.51B | 2.25B | 1.81B | 1.66B |
| Retained Earnings | 1.02B | 758.65M | 738.84M | 747.07M | 1.11B | 1.07B | 1.04B | 944.28M | 857.40M | 759.26M |
| Total Debt | 3.51B | 4.18B | 5.28B | 5.99B | 6.32B | 2.88B | 2.67B | 2.29B | 2.04B | 1.60B |
| Net Cash (Debt) | -2.93B | -3.87B | -5.17B | -5.87B | -6.10B | -2.80B | -2.63B | -2.21B | -1.99B | -1.57B |
| Shares Outstanding | 72.22M | 71.78M | 71.56M | 67.12M | 60.42M | 57.19M | 55.01M | 53.03M | 48.09M | 47.48M |
This table shows 10 annual periods of Southwest Gas's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow SWX's reporting calendar. What is a balance sheet?