Txnm Energy Inc (TXNM) Interest Coverage Ratio (2009 - 2024)
Txnm Energy posted quarterly Interest Coverage Ratio of 1.89 for Q2 2024, down 5.89% year-on-year from 2.01 in Q3 2023, and up 26.28% on a QoQ basis from 1.5 in Q1 2024.
Txnm Energy (TXNM) has 16 years of Interest Coverage Ratio data on file, last reported at 1.89 in Q2 2024.
- For the quarter ending Q2 2024, Interest Coverage Ratio fell 5.89% year-over-year to 1.89; the trailing twelve-month figure through Jun 2024 stood at 1.06 (down 60.75% YoY), and the FY2023 full-year result was 1.22, down 60.52% from the prior year.
- Interest Coverage Ratio for Q2 2024 stood at 1.89, up from 1.5 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.53 in Q3 2021 and bottomed at 0.87 in Q4 2023.
- The 5-year median for Interest Coverage Ratio is 1.95 (2024), against an average of 2.44.
- The widest annual swing landed in 2020, when Interest Coverage Ratio surged 172.83%; it then tumbled 158.41% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.73 in 2020, then soared by 127.69% to 1.65 in 2021, then dropped by 9.85% to 1.49 in 2022, then sank by 158.41% to 0.87 in 2023, then surged by 317.5% to 1.89 in 2024.
- The last three Interest Coverage Ratio figures came in at 1.89 (Q2 2024), 1.5 (Q1 2024), and 0.87 (Q4 2023), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.89 |
| Mar 31, 2024 | 1.50 |
| Dec 31, 2023 | -0.87 |
| Sep 30, 2023 | 1.74 |
| Jun 30, 2023 | 2.01 |
| Mar 31, 2023 | 2.42 |
| Dec 31, 2022 | 1.49 |
| Sep 30, 2022 | 5.29 |
| Jun 30, 2022 | 2.96 |
| Mar 31, 2022 | 2.60 |
| Dec 31, 2021 | 1.65 |
| Sep 30, 2021 | 6.53 |
| Jun 30, 2021 | 3.08 |
| Mar 31, 2021 | 1.67 |
| Dec 31, 2020 | 0.73 |
| Sep 30, 2020 | 5.42 |
| Jun 30, 2020 | 2.29 |
| Mar 31, 2020 | 1.57 |
| Dec 31, 2019 | 2.07 |
| Sep 30, 2019 | 4.63 |
| Jun 30, 2019 | -3.14 |
| Mar 31, 2019 | 1.16 |
| Dec 31, 2018 | -0.57 |
| Sep 30, 2018 | 4.20 |
| Jun 30, 2018 | 2.38 |
| Mar 31, 2018 | 1.40 |
| Dec 31, 2017 | 0.73 |
| Sep 30, 2017 | 4.44 |
| Jun 30, 2017 | 2.63 |
| Mar 31, 2017 | 1.77 |
| Dec 31, 2016 | 2.02 |
| Sep 30, 2016 | 3.33 |
| Jun 30, 2016 | 1.95 |
| Mar 31, 2016 | 1.32 |
| Dec 31, 2015 | -4.23 |
| Sep 30, 2015 | 4.41 |
| Jun 30, 2015 | 2.50 |
| Mar 31, 2015 | 1.64 |
| Dec 31, 2014 | 2.09 |
| Sep 30, 2014 | 3.88 |
| Jun 30, 2014 | 2.38 |
| Mar 31, 2014 | 1.65 |
| Dec 31, 2013 | 1.39 |
| Sep 30, 2013 | 3.88 |
| Jun 30, 2013 | 2.54 |
| Mar 31, 2013 | 1.62 |
| Dec 31, 2012 | 1.20 |
| Sep 30, 2012 | 3.87 |
| Jun 30, 2012 | 2.16 |
| Mar 31, 2012 | 1.82 |
| Dec 31, 2011 | 1.96 |
| Sep 30, 2011 | 3.48 |
| Jun 30, 2011 | 1.08 |
| Mar 31, 2011 | 1.71 |
| Dec 31, 2010 | 1.62 |
| Sep 30, 2010 | 3.37 |
| Jun 30, 2010 | 2.32 |
| Mar 31, 2010 | 0.33 |
| Dec 31, 2009 | 1.15 |
| Sep 30, 2009 | 3.33 |
| Jun 30, 2009 | 0.78 |