Southwest Free Cash Flow Yield vs Ev To Sales Analysis

SWX Stock  USD 74.78  0.35  0.47%   
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 Free Cash Flow Yield and its Ev To Sales 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.

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southwest Gas Holdings Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Southwest Gas' Free Cash Flow Yield and Ev To Sales is -0.4. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales 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' Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Southwest Gas Holdings are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Southwest Gas' Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
Issuance Of Capital Stock is likely to rise to about 289.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 143.4 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit820.9M994.9M1.0B927.5M
Total Revenue3.7B5.0B5.4B5.7B

Southwest Gas fundamental ratios Correlations

0.640.56-0.280.270.720.720.570.720.530.160.70.540.16-0.010.980.7-0.030.580.60.640.210.380.98-0.80.68
0.640.980.20.650.950.970.980.480.720.590.980.210.590.670.710.980.640.950.990.980.720.790.76-0.870.84
0.560.980.270.720.890.921.00.350.730.660.940.170.660.740.630.940.740.930.990.960.770.860.69-0.840.74
-0.280.20.270.71-0.030.00.26-0.310.580.580.01-0.330.580.74-0.240.030.570.180.270.120.750.4-0.15-0.18-0.12
0.270.650.720.710.410.490.710.160.860.870.520.00.870.70.30.490.620.50.720.570.840.910.38-0.590.3
0.720.950.89-0.030.410.990.890.580.560.380.980.280.380.520.790.990.490.950.920.960.530.590.82-0.840.92
0.720.970.920.00.490.990.930.590.590.471.00.290.470.540.790.990.520.940.950.980.550.670.82-0.850.91
0.570.981.00.260.710.890.930.350.730.650.940.170.650.730.630.940.730.930.990.960.770.850.69-0.840.74
0.720.480.35-0.310.160.580.590.350.270.260.590.470.26-0.110.760.53-0.210.310.420.47-0.060.280.71-0.550.75
0.530.720.730.580.860.560.590.730.270.580.590.130.580.570.520.610.420.620.760.620.880.740.62-0.760.43
0.160.590.660.580.870.380.470.650.260.580.52-0.091.00.680.250.450.660.420.640.560.610.840.28-0.510.32
0.70.980.940.010.520.981.00.940.590.590.520.290.520.550.780.990.540.930.950.980.550.720.8-0.840.9
0.540.210.17-0.330.00.280.290.170.470.13-0.090.29-0.09-0.190.510.28-0.130.140.190.21-0.110.090.48-0.380.45
0.160.590.660.580.870.380.470.650.260.581.00.52-0.090.680.250.450.660.420.640.560.610.840.28-0.510.32
-0.010.670.740.740.70.520.540.73-0.110.570.680.55-0.190.680.090.570.930.710.710.640.840.620.18-0.520.38
0.980.710.63-0.240.30.790.790.630.760.520.250.780.510.250.090.770.080.650.670.720.240.430.99-0.830.76
0.70.980.940.030.490.990.990.940.530.610.450.990.280.450.570.770.550.960.960.980.60.670.81-0.870.89
-0.030.640.740.570.620.490.520.73-0.210.420.660.54-0.130.660.930.080.550.690.680.630.720.640.14-0.460.32
0.580.950.930.180.50.950.940.930.310.620.420.930.140.420.710.650.960.690.930.950.70.620.71-0.820.79
0.60.990.990.270.720.920.950.990.420.760.640.950.190.640.710.670.960.680.930.970.770.840.73-0.860.79
0.640.980.960.120.570.960.980.960.470.620.560.980.210.560.640.720.980.630.950.970.640.730.76-0.830.83
0.210.720.770.750.840.530.550.77-0.060.880.610.55-0.110.610.840.240.60.720.70.770.640.720.36-0.640.34
0.380.790.860.40.910.590.670.850.280.740.840.720.090.840.620.430.670.640.620.840.730.720.48-0.620.47
0.980.760.69-0.150.380.820.820.690.710.620.280.80.480.280.180.990.810.140.710.730.760.360.48-0.880.76
-0.8-0.87-0.84-0.18-0.59-0.84-0.85-0.84-0.55-0.76-0.51-0.84-0.38-0.51-0.52-0.83-0.87-0.46-0.82-0.86-0.83-0.64-0.62-0.88-0.75
0.680.840.74-0.120.30.920.910.740.750.430.320.90.450.320.380.760.890.320.790.790.830.340.470.76-0.75
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Southwest Gas Account Relationship Matchups

Southwest Gas fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding54.3M56.1M59.3M65.6M71.0M40.3M
Total Assets8.2B8.7B12.8B13.2B11.9B12.5B
Short Long Term Debt Total2.7B2.9B6.3B6.0B5.4B5.7B
Other Current Liab397.3M461.1M471.1M1.1B556.1M351.0M
Total Current Liabilities1.1B912.0M3.1B3.4B1.7B890.0M
Total Stockholder Equity2.5B2.7B3.0B3.1B3.3B3.5B
Property Plant And Equipment Net6.5B7.0B8.9B8.3B8.6B9.1B
Net Debt2.6B2.8B6.1B5.9B5.3B5.6B
Retained Earnings1.0B1.1B1.1B747.1M738.8M437.9M
Accounts Payable238.9M231.3M353.4M662.1M346.9M211.7M
Cash49.5M83.4M222.7M123.1M106.5M55.0M
Non Current Assets Total7.3B7.9B11.2B9.5B10.0B10.5B
Non Currrent Assets Other364.9M368.0M458.5M395.9M560.6M300.6M
Cash And Short Term Investments49.5M83.4M222.7M123.1M106.5M55.0M
Net Receivables584.9M615.5M808.8M963.1M981.5M1.0B
Common Stock Total Equity54.7M56.6M58.8M62.1M71.4M46.7M
Liabilities And Stockholders Equity8.2B8.7B12.8B13.2B11.9B12.5B
Non Current Liabilities Total4.5B5.0B6.5B6.6B6.8B7.1B
Other Current Assets181.0M172.2M583.2M433.9M709.7M745.2M
Other Stockholder Equity1.5B1.6B1.8B2.3B2.5B2.7B
Total Liab5.6B5.9B9.6B10.0B8.5B8.9B
Property Plant And Equipment Gross6.3B9.9B12.8B11.6B12.3B12.9B
Total Current Assets859.9M871.0M1.6B3.7B1.9B2.0B
Accumulated Other Comprehensive Income(56.7M)(61.0M)(46.8M)(44.2M)(43.8M)(46.0M)
Short Term Debt374.5M158.3M2.2B1.6B732.5M769.1M
Common Stock56.6M58.8M62.1M68.7M73.2M48.8M
Current Deferred Revenue69.2M67.9M59.3M51.2M48.5M67.7M
Other Liab2.1B2.3B2.4B2.0B2.3B2.5B
Other Assets629.9M7.5B458.7M137.0M(552.9M)(525.2M)
Long Term Debt2.3B2.7B4.1B4.4B4.6B4.8B
Property Plant Equipment6.3B7.0B8.9B1.1B1.3B1.3B
Inventory44.4M2.1M291.1M2.2B83.4M79.2M
Net Tangible Assets2.2B2.8B3.2B2.3B2.6B2.2B
Good Will343.0M345.2M1.8B787.3M789.7M549.4M
Deferred Long Term Liab496.9M508.9M458.5M395.9M356.4M366.4M
Long Term Investments117.3M114.4M132.1M140.9M126.8M143.1M
Short Long Term Debt374.5M147.4M2.2B1.6B671.1M605.0M
Long Term Debt Total2.3B2.7B4.1B4.4B5.1B2.8B
Capital Surpluse1.5B1.6B1.8B2.3B2.6B1.5B
Intangible Assets150.5M140.2M426.5M395.2M369.0M219.6M

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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.