Southwest Gas Holdings Stock Retained Earnings

SWX Stock

USD 74.09 1.06 1.41%

Southwest Gas Holdings fundamentals help investors to digest information that contributes to Southwest Gas' financial success or failures. It also enables traders to predict the movement of Southwest Stock. The fundamental analysis module provides a way to measure Southwest Gas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Southwest Gas stock.

	Last Reported	Projected for Next Year
Retained Earnings	738.8 M	437.9 M
Retained Earnings Total Equity	1.3 B	920.9 M

Retained Earnings is likely to drop to about 437.9 M in 2024. Retained Earnings Total Equity is likely to drop to about 920.9 M in 2024.

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Southwest Gas Holdings Company Retained Earnings Analysis

Southwest Gas' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Southwest Gas Retained Earnings

738.84 M

Most of Southwest Gas' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Southwest Gas Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Southwest Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Southwest Gas is extremely important. It helps to project a fair market value of Southwest Stock properly, considering its historical fundamentals such as Retained Earnings. Since Southwest Gas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Southwest Gas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Southwest Gas' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Good Will	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Intangible Assets	Short Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.98	0.48	0.72	0.67	0.99	0.56	0.78	0.76	-0.87	0.98	0.11	0.86	0.8	-0.62	-0.69	0.82	0.9	0.89	0.96	0.91	0.88	0.95	-0.05	0.88
Total Stockholder Equity	0.95		0.89	0.58	0.56	0.52	0.92	0.34	0.58	0.82	-0.84	0.94	0.15	0.84	0.66	-0.59	-0.75	0.65	0.82	0.84	0.89	0.81	0.77	0.84	0.05	0.82
Net Debt	0.98	0.89		0.35	0.73	0.73	0.99	0.6	0.84	0.69	-0.84	0.98	0.04	0.83	0.85	-0.66	-0.59	0.86	0.92	0.88	0.98	0.96	0.9	0.98	-0.11	0.9
Retained Earnings	0.48	0.58	0.35		0.27	-0.11	0.42	0.03	0.28	0.71	-0.55	0.34	0.7	0.65	0.46	0.13	-0.68	0.41	0.38	0.39	0.26	0.11	0.49	0.35	-0.36	0.11
Accounts Payable	0.72	0.56	0.73	0.27		0.57	0.76	0.93	0.75	0.62	-0.76	0.66	-0.08	0.53	0.59	-0.46	-0.44	0.76	0.79	0.77	0.65	0.64	0.63	0.78	0.09	0.67
Net Receivables	0.67	0.52	0.73	-0.11	0.57		0.71	0.68	0.62	0.18	-0.52	0.73	-0.23	0.58	0.54	-0.57	-0.38	0.56	0.7	0.7	0.77	0.76	0.61	0.73	0.1	0.76
Total Liab	0.99	0.92	0.99	0.42	0.76	0.71		0.62	0.83	0.73	-0.86	0.98	0.08	0.85	0.83	-0.63	-0.65	0.86	0.91	0.89	0.96	0.92	0.89	0.97	-0.09	0.88
Total Current Assets	0.56	0.34	0.6	0.03	0.93	0.68	0.62		0.71	0.33	-0.57	0.52	-0.18	0.4	0.5	-0.36	-0.26	0.68	0.65	0.63	0.53	0.55	0.51	0.67	0.08	0.56
Short Term Debt	0.78	0.58	0.84	0.28	0.75	0.62	0.83	0.71		0.48	-0.62	0.72	0.21	0.7	0.93	-0.37	-0.39	0.98	0.77	0.67	0.78	0.77	0.89	0.88	-0.48	0.62
Common Stock	0.76	0.82	0.69	0.71	0.62	0.18	0.73	0.33	0.48		-0.88	0.7	0.19	0.7	0.58	-0.41	-0.6	0.58	0.79	0.81	0.65	0.58	0.66	0.72	0.02	0.66
Current Deferred Revenue	-0.87	-0.84	-0.84	-0.55	-0.76	-0.52	-0.86	-0.57	-0.62	-0.88		-0.86	-0.02	-0.74	-0.68	0.62	0.65	-0.7	-0.91	-0.91	-0.81	-0.76	-0.77	-0.85	-0.05	-0.82
Long Term Debt	0.98	0.94	0.98	0.34	0.66	0.73	0.98	0.52	0.72	0.7	-0.86		-0.02	0.81	0.75	-0.71	-0.63	0.75	0.9	0.89	0.98	0.95	0.84	0.94	0.04	0.94
Property Plant Equipment	0.11	0.15	0.04	0.7	-0.08	-0.23	0.08	-0.18	0.21	0.19	-0.02	-0.02		0.45	0.38	0.49	-0.39	0.27	0.02	-0.01	-0.02	-0.17	0.33	0.06	-0.68	-0.27
Net Tangible Assets	0.86	0.84	0.83	0.65	0.53	0.58	0.85	0.4	0.7	0.7	-0.74	0.81	0.45		0.82	-0.26	-0.69	0.74	0.82	0.81	0.79	0.69	0.89	0.84	-0.3	0.67
Good Will	0.8	0.66	0.85	0.46	0.59	0.54	0.83	0.5	0.93	0.58	-0.68	0.75	0.38	0.82		-0.33	-0.46	0.95	0.8	0.7	0.8	0.76	0.97	0.88	-0.6	0.61
Deferred Long Term Liab	-0.62	-0.59	-0.66	0.13	-0.46	-0.57	-0.63	-0.36	-0.37	-0.41	0.62	-0.71	0.49	-0.26	-0.33		0.43	-0.37	-0.62	-0.61	-0.73	-0.78	-0.44	-0.6	-0.38	-0.8
Long Term Investments	-0.69	-0.75	-0.59	-0.68	-0.44	-0.38	-0.65	-0.26	-0.39	-0.6	0.65	-0.63	-0.39	-0.69	-0.46	0.43		-0.46	-0.56	-0.6	-0.59	-0.45	-0.56	-0.54	0.0	-0.48
Short Long Term Debt	0.82	0.65	0.86	0.41	0.76	0.56	0.86	0.68	0.98	0.58	-0.7	0.75	0.27	0.74	0.95	-0.37	-0.46		0.79	0.69	0.79	0.77	0.91	0.89	-0.48	0.62
Long Term Debt Total	0.9	0.82	0.92	0.38	0.79	0.7	0.91	0.65	0.77	0.79	-0.91	0.9	0.02	0.82	0.8	-0.62	-0.56	0.79		0.98	0.9	0.88	0.88	0.96	-0.04	0.91
Capital Surpluse	0.89	0.84	0.88	0.39	0.77	0.7	0.89	0.63	0.67	0.81	-0.91	0.89	-0.01	0.81	0.7	-0.61	-0.6	0.69	0.98		0.88	0.83	0.8	0.92	0.1	0.91
Intangible Assets	0.96	0.89	0.98	0.26	0.65	0.77	0.96	0.53	0.78	0.65	-0.81	0.98	-0.02	0.79	0.8	-0.73	-0.59	0.79	0.9	0.88		0.97	0.87	0.95	-0.03	0.93
Short Term Investments	0.91	0.81	0.96	0.11	0.64	0.76	0.92	0.55	0.77	0.58	-0.76	0.95	-0.17	0.69	0.76	-0.78	-0.45	0.77	0.88	0.83	0.97		0.82	0.93	-0.01	0.95
Cash And Equivalents	0.88	0.77	0.9	0.49	0.63	0.61	0.89	0.51	0.89	0.66	-0.77	0.84	0.33	0.89	0.97	-0.44	-0.56	0.91	0.88	0.8	0.87	0.82		0.92	-0.44	0.71
Net Invested Capital	0.95	0.84	0.98	0.35	0.78	0.73	0.97	0.67	0.88	0.72	-0.85	0.94	0.06	0.84	0.88	-0.6	-0.54	0.89	0.96	0.92	0.95	0.93	0.92		-0.15	0.89
Net Working Capital	-0.05	0.05	-0.11	-0.36	0.09	0.1	-0.09	0.08	-0.48	0.02	-0.05	0.04	-0.68	-0.3	-0.6	-0.38	0.0	-0.48	-0.04	0.1	-0.03	-0.01	-0.44	-0.15		0.24
Capital Stock	0.88	0.82	0.9	0.11	0.67	0.76	0.88	0.56	0.62	0.66	-0.82	0.94	-0.27	0.67	0.61	-0.8	-0.48	0.62	0.91	0.91	0.93	0.95	0.71	0.89	0.24

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Southwest Retained Earnings Historical Pattern

Today, most investors in Southwest Gas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southwest Gas' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Southwest Gas retained earnings as a starting point in their analysis.

Southwest Gas Retained Earnings

Timeline

Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

Predict Southwest Gas

Retained Earnings Over Time

Based on the latest financial disclosure, Southwest Gas Holdings has a Retained Earnings of 738.84 M. This is 92.86% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The retained earnings for all United States stocks is 92.08% higher than that of the company.

Southwest Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Southwest Gas' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Southwest Gas could also be used in its relative valuation, which is a method of valuing Southwest Gas by comparing valuation metrics of similar companies.

Southwest Gas is currently under evaluation in retained earnings category among its peers.

Southwest Gas ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Southwest Gas' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southwest Gas' managers, analysts, and investors.

Environmental

Governance

Social

Southwest Fundamentals

	Return On Equity	0.0576
	Return On Asset	0.0243
	Profit Margin	0.04 %
	Operating Margin	0.10 %
	Current Valuation	10.2 B
	Shares Outstanding	71.67 M
	Shares Owned By Insiders	0.50 %
	Shares Owned By Institutions	94.22 %
	Number Of Shares Shorted	2.81 M
	Price To Earning	16.91 X
	Price To Book	1.58 X
	Price To Sales	0.96 X
	Revenue	5.43 B
	Gross Profit	994.87 M
	EBITDA	930.47 M
	Net Income	150.89 M
	Cash And Equivalents	123.08 M
	Cash Per Share	3.22 X
	Total Debt	5.44 B
	Debt To Equity	1.70 %
	Current Ratio	0.70 X
	Book Value Per Share	46.83 X
	Cash Flow From Operations	509.21 M
	Short Ratio	6.93 X
	Earnings Per Share	2.68 X
	Price To Earnings To Growth	3.76 X
	Target Price	77.75
	Number Of Employees	14.94 K
	Beta	0.39
	Market Capitalization	5.31 B
	Total Asset	11.87 B
	Retained Earnings	738.84 M
	Working Capital	196.27 M
	Current Asset	261.77 M
	Current Liabilities	313.18 M
	Annual Yield	0.03 %
	Five Year Return	2.95 %
	Net Asset	11.87 B
	Last Dividend Paid	2.48

About Southwest Gas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Southwest Gas Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southwest Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southwest Gas Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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