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Southwest Gas HoldingsSWX -0.34%65 Quick Ratio is 0.99 as of Jun. 2026, which is 2% above its 10-year median of 0.97. GuruFocus rates SWX with a GF Score™ of 65/100 and a GF Value™ of $53.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 508 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 50.98% on this metric.
Southwest Gas Holdings (NYSE:SWX) 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
* 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.
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.
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
* 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 (SWX) has a Quick Ratio of 0.99 as of Jun. 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 near median its historical median of 0.97. 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 #259 out of 508 companies in the Utilities - Regulated industry, placing it in the top 51%.
Is Southwest Gas Holdings' Quick Ratio too high?
Southwest Gas Holdings' current Quick Ratio of 0.99 is near median its 10-year median of 0.97. 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 1.00. Southwest Gas Holdings' value of 0.99 is 1% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #259 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, 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 #259 out of 508 companies for Quick Ratio. This places Southwest Gas Holdings in the lower half of its industry. The industry median Quick Ratio is 1.00. Southwest Gas Holdings' value of 0.99 is 1% below 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 0.97 vs. the industry median of 1.00, Southwest Gas Holdings has consistently been below 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 1.00, based on 508 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 0.99 is 1% below 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 1.00 — 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 0.99, which is near median its own 10-year median of 0.97. 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?
Based on GuruFocus' analysis, Southwest Gas Holdings (SWX) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.66, compared to a current price of $92.09 — trading 71.6% above its estimated fair value. The current Quick Ratio is 0.99, which is near median its 10-year median of 0.97 and 1% below the Utilities - Regulated industry median of 1.00. Southwest Gas Holdings' overall GF Score™ is 65/100 with 9 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 (SWX), the current Quick Ratio is 0.99 as of Jun. 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 (SWX) Overvalued in 2026?
Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued.
The current stock price of $92.09 is trading 71.6% above its estimated GF Value™ of $53.66.
GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.
Key valuation signals for SWX:
Quick Ratio: 0.99 (near median its 10-year median of 0.97)
GF Value™: $53.66 vs. price of $92.09 (71.6% above fair value)
Industry Position: 1% below the Utilities - Regulated median (#259 of 508)
No single metric tells the full story. See the SWX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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