Txnm Energy Inc (TXNM) Debt Ratio (2009 - 2024)
Txnm Energy's (TXNM) quarterly Debt Ratio came in at 0.46 in Q2 2024, up 3.44% YoY from 0.44 in Q3 2023, and up 1.94% on a QoQ basis from 0.45 in Q1 2024.
Txnm Energy Inc (TXNM) Debt Ratio (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 16 years of Debt Ratio data on file, last reported at 0.46 in Q2 2024.
- Quarterly Debt Ratio rose 3.44% year-over-year to 0.46 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.46 (up 3.44% YoY) and the FY2023 annual result came in at 0.44, changed 0.13% from the prior year.
- Debt Ratio improved to 0.46 in Q2 2024, from 0.45 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.46 in Q2 2024 to a low of 0.02 in Q4 2020.
- A 5-year average of 0.39 and a median of 0.43 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2020 — Debt Ratio tumbled 72.29% — and 2022, when it surged 1244.88%.
- Tracing TXNM's Debt Ratio over 5 years: stood at 0.02 in 2020, then surged by 46.08% to 0.03 in 2021, then surged by 1244.88% to 0.44 in 2022, then grew by 0.13% to 0.44 in 2023, then climbed by 3.64% to 0.46 in 2024.
- The last three Debt Ratio figures came in at 0.46 (Q2 2024), 0.45 (Q1 2024), and 0.44 (Q4 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.41 |
| Jun 30, 2021 | 0.42 |
| Mar 31, 2021 | 0.40 |
| Dec 31, 2020 | 0.02 |
| Sep 30, 2020 | 0.42 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.41 |
| Dec 31, 2019 | 0.08 |
| Sep 30, 2019 | 0.40 |