Growth Metrics

Txnm Energy (TXNM) Debt Ratio (2016 - 2024)

Txnm Energy's Debt Ratio history spans 14 years, with the latest figure at 0.47 for Q2 2024.

  • For Q2 2024, Debt Ratio rose 5.27% year-over-year to 0.47; the TTM value through Jun 2024 reached 0.47, up 5.27%, while the annual FY2023 figure was 0.44, 0.13% changed from the prior year.
  • Debt Ratio reached 0.47 in Q2 2024 per TXNM's latest filing, up from 0.45 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.47 in Q2 2024 to a low of 0.3 in Q1 2021.
  • Average Debt Ratio over 5 years is 0.42, with a median of 0.43 recorded in 2022.
  • Peak YoY movement for Debt Ratio: fell 25.85% in 2021, then surged 43.93% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.35 in 2020, then rose by 23.15% to 0.43 in 2021, then rose by 3.2% to 0.44 in 2022, then rose by 0.13% to 0.44 in 2023, then grew by 5.48% to 0.47 in 2024.
  • Per Business Quant, the three most recent readings for TXNM's Debt Ratio are 0.47 (Q2 2024), 0.45 (Q1 2024), and 0.44 (Q4 2023).