Growth For The Quarter Ended 2020-12-31
Southwest Gas Holdings Inc shows sales growth of 6%, which is not significant. However, SWX grows, which is good. The gross profit margin is equal to 89%. Last year, the company reported sales of $3298. 873 million.
SWX shows EBITDA growth of 11%, and an EBITDA ratio of 22%. The EBITDA grows since the cost of revenue declined a -85%. Furthermore, operating income is another helpful feature of SWX. The operating income grows at 14% y/y. I do appreciate that net income grew a 11%. I feel that net income grows because interest expenses diminished a -100%.
Balance Sheet Statement As Of 2020-12-31
The balance sheet shows deferred revenue of $0 million, which I like. Deferred revenue represents a prepayment by SWX’s clients that have yet to be delivered. To sum up, Southwest Gas Holdings Inc receives money in advance of it being earned.
market participants will perhaps carefully study SWX’s financial obligations. SWX’s short term debt is more significant than the cash in hand. In my view, Southwest Gas Holdings Inc may have to negotiate its debt soon. SWX’s debt to equity ratio is below 2x. Hence, the debt level appears to be under control. Note that Southwest Gas Holdings Inc reports cash and cash equivalents of $83 million, and net debt of $2147 million. SWX trades at 25x EBITDA, which may not seem cheap. But, with the company’s EBITDA margin of 22% the EV/EBITDA ratio makes sense. null
Quarterly Figures For The Quarter Ended 2020-12-31
In Q4 SWX reported quarterly sales of $914 million, and gross profit of $2 million. Besides, SWX is profitable, which is beneficial. Southwest Gas Holdings Inc released positive quarterly EBITDA of $239. 813 million. I think that the company’s performance is useful. SWX also released positive net income of $0. 110205 million. Taking this into account, many investors will most likely have a look at SWX.
Southwest Gas Holdings Inc has a market cap of $4109 million. The enterprise value is equal to $6153 million. With forward sales of $3298 million, SWX sells at less than 2x forward sales. As for me, I think that traders will most likely believe that Southwest Gas Holdings Inc is cheap. Institutional traders DALTON GREINER HARTMAN MAHER & CO, State of Alaska, Department of Revenue, and AdvisorNet Financial, Inc are Southwest Gas Holdings Inc investors.
The following SWX’s insiders acquired or sold equity recently.SWX’s traders will most likely study this information:
+In 2021-03-04, officer: SVP/Chief Financial Officer Peterson Gregory J sold equity of SWX.
+In 2021-03-04, officer: VP/Finance/Treasurer KENNY KENNETH J sold stock of SWX.
+In 2021-03-04, director, officer: President and CEO Hester John P sold equity of SWX.
About Southwest Gas Holdings Inc
Southwest Gas Holdings, Inc. , through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.