Southwest Net Debt To E B I T D A from 2010 to 2024

SWX Stock  USD 78.16  0.14  0.18%   
Southwest Gas Net Debt To EBITDA yearly trend continues to be fairly stable with very little volatility. Net Debt To EBITDA will likely drop to 3.53 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
5.73282051
Current Value
3.53
Quarterly Volatility
2.96785059
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 463 M, Interest Expense of 306.9 M or Total Revenue of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0363 or PTB Ratio of 1.16. Southwest financial statements analysis is a perfect complement when working with Southwest Gas Valuation or Volatility modules.
  
Check out the analysis of Southwest Gas Correlation against competitors.

Latest Southwest Gas' Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Southwest Gas Holdings over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Southwest Gas' Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Gas' overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Southwest Net Debt To E B I T D A Regression Statistics

Arithmetic Mean4.63
Geometric Mean4.05
Coefficient Of Variation64.07
Mean Deviation2.14
Median3.53
Standard Deviation2.97
Sample Variance8.81
Range10.7501
R-Value0.41
Mean Square Error7.91
R-Squared0.17
Significance0.13
Slope0.27
Total Sum of Squares123.31

Southwest Net Debt To E B I T D A History

2024 3.53
2023 5.73
2022 13.34
2021 8.39
2020 3.8
2019 3.98
2018 3.72

About Southwest Gas Financial Statements

Southwest Gas investors use historical fundamental indicators, such as Southwest Gas' Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt To EBITDA 5.73  3.53 

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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.