Txnm Energy Inc (TXNM) Asset Utilization Ratio (2011 - 2024)
Txnm Energy's (TXNM) quarterly Asset Utilization Ratio came in at 0.01 in Q2 2024, down 102.26% YoY from 0.25 in Q3 2023, and up 17.24% on a QoQ basis from 0.01 in Q1 2024.
Txnm Energy Inc (TXNM) Asset Utilization Ratio (2011 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 10 years of Asset Utilization Ratio data on file, last reported at 0.01 in Q2 2024.
- Quarterly Asset Utilization Ratio fell 102.26% year-over-year to 0.01 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.01 (down 102.26% YoY) and the FY2023 annual result came in at 0.0, down 98.43% from the prior year.
- Asset Utilization Ratio rose to 0.01 in Q2 2024, from 0.01 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.25 in Q1 2023 to a low of 0.01 in Q1 2024.
- A 5-year average of 0.18 and a median of 0.2 in 2021 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 23.25% — and 2024, when it tumbled 102.66%.
- Tracing TXNM's Asset Utilization Ratio over 5 years: stood at 0.19 in 2020, then gained by 4.97% to 0.2 in 2021, then advanced by 23.25% to 0.25 in 2022, then slumped by 98.46% to 0.0 in 2023, then plunged by 246.77% to 0.01 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.01 (Q2 2024), 0.01 (Q1 2024), and 0.0 (Q4 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -0.01 |
| Mar 31, 2024 | -0.01 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.20 |
| Jun 30, 2021 | 0.20 |
| Mar 31, 2021 | 0.19 |
| Dec 31, 2020 | 0.19 |
| Sep 30, 2020 | 0.19 |
| Jun 30, 2020 | 0.19 |
| Mar 31, 2020 | 0.20 |
| Dec 31, 2019 | 0.20 |
| Sep 30, 2019 | 0.20 |