Txnm Energy Inc (TXNM) Debt Ratio (2009 - 2024)
Txnm Energy's Debt Ratio was 0.49 in Q2 2024, up 0.4% from 0.49 a year earlier and up 2.5% from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Debt Ratio (2009 - 2024) Analysis & Trends
For FY2023, Debt Ratio at Txnm Energy came in at 0.47, up 0.2% from FY2022.
- Debt Ratio has now increased for three consecutive years.
- In earlier years, Debt Ratio was 0.47 in FY2022 (+7.3%), 0.43 in FY2021 (+3.6%), 0.42 in FY2020 (-4.2%) and 0.44 in FY2019 (+3.3%).
- The Q2 2024 figure marks the highest quarterly Debt Ratio in data going back to Q4 2009.
- Compared with a year earlier, Debt Ratio was higher in seven of the last eight quarters, with growth averaging 4.1%.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2023 (growth of 7.8%); the worst was Q2 2021 (a decline of 5.2%).
- Per Business Quant data, TXNM's Debt Ratio in the three quarters before Q2 2024 was 0.48 (Q1 2024), 0.47 (Q4 2023) and 0.48 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.47 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.46 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.43 |
| Sep 30, 2021 | 0.43 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.43 |
| Dec 31, 2020 | 0.42 |
| Sep 30, 2020 | 0.45 |
| Jun 30, 2020 | 0.46 |
| Mar 31, 2020 | 0.45 |
| Dec 31, 2019 | 0.44 |
| Sep 30, 2019 | 0.44 |
API Access
Txnm Energy Inc Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TXNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();