Southwest Gas Holdings Current Ratio Growth & History (SWX)
Southwest Gas Holdings's current ratio was 1.28 for fiscal 2025.
View full Southwest Gas Holdings company overviewSouthwest Gas Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.28 | 0.48 | +60.38% |
| 2024 | 2024-12-31 | 0.80 | −0.32 | −28.41% |
| 2023 | 2023-12-31 | 1.12 | 0.03 | +3.08% |
| 2022 | 2022-12-31 | 1.08 | 0.56 | +108.75% |
| 2021 | 2021-12-31 | 0.52 | −0.44 | −45.67% |
| 2020 | 2020-12-31 | 0.96 | 0.16 | +19.95% |
| 2019 | 2019-12-31 | 0.80 | −0.10 | −11.00% |
| 2018 | 2018-12-31 | 0.89 | 0.09 | +11.10% |
| 2017 | 2017-12-31 | 0.81 | −0.04 | −5.11% |
| 2016 | 2016-12-31 | 0.85 | — | — |
Southwest Gas Holdings quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.12 | 0.11 | +10.82% |
| Q1 2026 | 2026-03-31 | 1.45 | 0.66 | +82.80% |
| Q4 2025 | 2025-12-31 | 1.28 | 0.48 | +60.38% |
| Q3 2025 | 2025-09-30 | 1.41 | 0.56 | +65.38% |
| Q2 2025 | 2025-06-30 | 1.01 | −0.57 | −36.22% |
| Q1 2025 | 2025-03-31 | 0.79 | −0.24 | −23.47% |
| Q4 2024 | 2024-12-31 | 0.80 | −0.32 | −28.41% |
| Q3 2024 | 2024-09-30 | 0.85 | −1.04 | −54.98% |
| Q2 2024 | 2024-06-30 | 1.58 | −0.54 | −25.44% |
| Q1 2024 | 2024-03-31 | 1.04 | −0.37 | −26.13% |
| Q4 2023 | 2023-12-31 | 1.12 | 0.03 | +3.08% |
| Q3 2023 | 2023-09-30 | 1.90 | 0.60 | +45.90% |
| Q2 2023 | 2023-06-30 | 2.12 | 1.42 | +202.92% |
| Q1 2023 | 2023-03-31 | 1.40 | 0.62 | +80.19% |
| Q4 2022 | 2022-12-31 | 1.08 | 0.56 | +108.75% |
| Q3 2022 | 2022-09-30 | 1.30 | 0.27 | +26.64% |
| Q2 2022 | 2022-06-30 | 0.70 | −0.09 | −11.61% |
| Q1 2022 | 2022-03-31 | 0.78 | −0.19 | −19.46% |
| Q4 2021 | 2021-12-31 | 0.52 | −0.44 | −45.67% |
| Q3 2021 | 2021-09-30 | 1.03 | 0.15 | +17.68% |
| Q2 2021 | 2021-06-30 | 0.79 | −0.15 | −16.24% |
| Q1 2021 | 2021-03-31 | 0.97 | 0.28 | +40.67% |
| Q4 2020 | 2020-12-31 | 0.96 | 0.16 | +19.95% |
| Q3 2020 | 2020-09-30 | 0.87 | −0.11 | −10.74% |
| Q2 2020 | 2020-06-30 | 0.94 | −0.09 | −8.75% |
| Q1 2020 | 2020-03-31 | 0.69 | −0.17 | −19.40% |
| Q4 2019 | 2019-12-31 | 0.80 | −0.10 | −11.00% |
| Q3 2019 | 2019-09-30 | 0.98 | −0.03 | −3.32% |
| Q2 2019 | 2019-06-30 | 1.04 | −0.01 | −1.30% |
| Q1 2019 | 2019-03-31 | 0.85 | −0.25 | −22.63% |
| Q4 2018 | 2018-12-31 | 0.89 | 0.09 | +11.10% |
| Q3 2018 | 2018-09-30 | 1.01 | 0.19 | +23.25% |
| Q2 2018 | 2018-06-30 | 1.05 | 0.06 | +6.28% |
| Q1 2018 | 2018-03-31 | 1.10 | 0.19 | +20.41% |
| Q4 2017 | 2017-12-31 | 0.81 | −0.04 | −5.11% |
| Q3 2017 | 2017-09-30 | 0.82 | — | — |
| Q2 2017 | 2017-06-30 | 0.99 | — | — |
| Q1 2017 | 2017-03-31 | 0.91 | — | — |
| Q4 2016 | 2016-12-31 | 0.85 | — | — |
Southwest Gas Holdings current ratio trends
Over the last five fiscal years, Southwest Gas Holdings's current ratio increased from 0.96 to 1.28, a change of 0.33. The latest reported quarter, Q2 2026, shows 1.12.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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