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Ratios

Txnm Energy (TXNM) Interest Coverage Ratio (2016 - 2024)

Txnm Energy's Interest Coverage Ratio history spans 14 years, with the latest figure at 1.89 for Q2 2024.

  • For Q2 2024, Interest Coverage Ratio fell 5.89% year-over-year to 1.89; the TTM value through Jun 2024 reached 1.06, down 60.75%, while the annual FY2023 figure was 1.22, 60.52% down from the prior year.
  • Interest Coverage Ratio reached 1.89 in Q2 2024 per TXNM's latest filing, up 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.
  • Average Interest Coverage Ratio over 5 years is 2.44, with a median of 1.95 recorded in 2024.
  • Peak YoY movement for Interest Coverage Ratio: soared 172.83% in 2020, then tumbled 158.41% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 0.73 in 2020, then skyrocketed by 127.69% to 1.65 in 2021, then decreased by 9.85% to 1.49 in 2022, then crashed by 158.41% to 0.87 in 2023, then soared by 317.5% to 1.89 in 2024.
  • Per Business Quant, the three most recent readings for TXNM's Interest Coverage Ratio are 1.89 (Q2 2024), 1.5 (Q1 2024), and 0.87 (Q4 2023).