Txnm Energy Inc (TXNM) Debt Ratio (2009 - 2024)

Txnm Energy (TXNM) has reported Debt Ratio for 16 consecutive years, with 0.5 the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Debt Ratio rose 2.11% year-over-year to 0.5; the trailing twelve-month figure through Jun 2024 stood at 0.5 (up 2.11% YoY), and the FY2023 full-year result was 0.47, down 0.85% from the prior year.
• Debt Ratio improved to 0.5 in Q2 2024 per TXNM's latest filing, from 0.48 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.5 in Q2 2024 and bottomed at 0.42 in Q4 2020.
• Historically, Debt Ratio has averaged 0.46 across 5 years, with a median of 0.46 in 2022.
• The sharpest annual moves came in 2021 and 2022: Debt Ratio dropped 5.15% in 2021, then advanced 8.43% in 2022.
• Over 5 years, Debt Ratio stood at 0.42 in 2020, then grew by 3.57% to 0.43 in 2021, then gained by 8.43% to 0.47 in 2022, then dropped by 0.85% to 0.47 in 2023, then gained by 6.31% to 0.5 in 2024.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.5, 0.48, and 0.47 for Q2 2024, Q1 2024, and Q4 2023 respectively.