Txnm Energy Inc (TXNM) Interest Coverage Ratio (2009 - 2024)
Txnm Energy's (TXNM) quarterly Interest Coverage Ratio came in at 1.89 in Q2 2024, down 5.89% YoY from 2.01 in Q3 2023, and up 26.28% on a QoQ basis from 1.5 in Q1 2024.
Txnm Energy Inc (TXNM) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 16 years of Interest Coverage Ratio data on file, last reported at 1.89 in Q2 2024.
- Quarterly Interest Coverage Ratio fell 5.89% year-over-year to 1.89 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 1.06 (down 60.75% YoY) and the FY2023 annual result came in at 1.22, down 60.52% from the prior year.
- Interest Coverage Ratio climbed to 1.89 in Q2 2024, from 1.5 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.53 in Q3 2021 to a low of 0.87 in Q4 2023.
- A 5-year average of 2.43 and a median of 1.95 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2020 — Interest Coverage Ratio surged 172.83% — and 2023, when it sank 158.41%.
- Tracing TXNM's Interest Coverage Ratio over 5 years: stood at 0.73 in 2020, then soared by 99.92% to 1.45 in 2021, then grew by 2.67% to 1.49 in 2022, then slumped by 158.41% to 0.87 in 2023, then jumped 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.
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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 | 1.45 |
| 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 | 1.72 |
| Sep 30, 2019 | 4.63 |