Southwest Gas Holdings (FRA:SZR) Quick Ratio: 1.32 (As of Mar. 2026) — 39% Above Median


FRA:SZR Southwest Gas Holdings Inc FRA:SZR
70 GF Score
Price €77.00
GF Value €57.35
! 11 Warning Signs
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What is Southwest Gas Holdings Quick Ratio?

Southwest Gas Holdings FRA:SZR -1.28% 70 Quick Ratio is 1.32 as of Mar. 2026, which is 39% above its 10-year median of 0.95. GuruFocus rates FRA:SZR with a GF Score™ of 70/100 and a GF Value™ of €57.35. The stock has 11 warning signs investors should review. Among 509 Utilities - Regulated companies, Southwest Gas Holdings ranks better than 65.62% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Southwest Gas Holdings's quick ratio for the quarter that ended in Mar. 2026 was 1.32.

Southwest Gas Holdings has a quick ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Southwest Gas Holdings's Quick Ratio or its related term are showing as below:

FRA:SZR' s Quick Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.95   Max: 2.12
Current: 1.32

During the past 13 years, Southwest Gas Holdings's highest Quick Ratio was 2.12. The lowest was 0.52. And the median was 0.95.

FRA:SZR's Quick Ratio is ranked better than
65.62% of 509 companies
in the Utilities - Regulated industry
Industry Median: 1.01 vs FRA:SZR: 1.32

Southwest Gas Holdings  (FRA:SZR) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Southwest Gas Holdings Quick Ratio Related Terms


Southwest Gas Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Southwest Gas Holdings's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southwest Gas Holdings Quick Ratio Chart

Southwest Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 1.08 1.12 0.75 1.18

Southwest Gas Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.94 1.43 1.18 1.32

FRA:SZR vs NJR, BKH, UGI: Quick Ratio Comparison

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Gas Holdings Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Quick Ratio falls into.


FRA:SZR
70GF Score
Southwest Gas Holdings Inc FRA:SZR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Southwest Gas Holdings Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Southwest Gas Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1018.047-80.125)/794.133
=1.18

Southwest Gas Holdings's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(914.888-81.012)/631.414
=1.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.32 mean?
Southwest Gas Holdings (FRA:SZR) has a Quick Ratio of 1.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Southwest Gas Holdings and its competitors. This is 39% above median its historical median of 0.95. Over the past decade, Southwest Gas Holdings' Quick Ratio has ranged from 0.52 to 2.12. According to the industry distribution chart, Southwest Gas Holdings ranks #175 out of 509 companies in the Utilities - Regulated industry, placing it in the top 34.4%.
Is Southwest Gas Holdings' Quick Ratio too high?
Southwest Gas Holdings' current Quick Ratio of 1.32 is 39% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.12. The Utilities - Regulated industry median Quick Ratio is 1.01. Southwest Gas Holdings' value of 1.32 is 30.7% above this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #175 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Quick Ratio compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #175 out of 509 companies for Quick Ratio. This puts Southwest Gas Holdings in the upper half of its industry. The industry median Quick Ratio is 1.01. Southwest Gas Holdings' value of 1.32 is 30.7% above this benchmark. Historically, Southwest Gas Holdings' own Quick Ratio has ranged from 0.52 to 2.12 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.01, Southwest Gas Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current Quick Ratio of 1.32 is 30.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Quick Ratio is 1.32, which is 39% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Gas Holdings stock overvalued right now?
Southwest Gas Holdings (FRA:SZR) has a current Quick Ratio of 1.32. The stock's GF Value™ is €57.35, compared to a current price of €77.00 — trading 34.3% above its estimated fair value. The current Quick Ratio is 1.32, which is 39% above median its 10-year median of 0.95 and 30.7% above the Utilities - Regulated industry median of 1.01. Southwest Gas Holdings' overall GF Score™ is 70/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Southwest Gas Holdings (FRA:SZR), the current Quick Ratio is 1.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southwest Gas Holdings (FRA:SZR) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued. The current stock price of €77.00 is trading 34.3% above its estimated GF Value™ of €57.35.

Key valuation signals for FRA:SZR:

  • Quick Ratio: 1.32 (39% above median its 10-year median of 0.95)
  • GF Value™: €57.35 vs. price of €77.00 (34.3% above fair value)
  • GF Score™: 70/100 with 11 warning signs
  • Industry Position: 30.7% above the Utilities - Regulated median (#175 of 509)

No single metric tells the full story. See the FRA:SZR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southwest Gas Holdings Business Description

Other Exchanges SWX:USA
Address 8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89113
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
70GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€77.00
Price
€57.35
GF Value