Txnm Energy (TXNM) Interest Coverage Ratio (2009 - 2026)
Txnm Energy's (TXNM) Interest Coverage Ratio came in at 1.89 for Q2 2024, down 5.9% from 2.01 a year earlier but up 26.3% from the prior quarter.
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Analysis
Txnm Energy (TXNM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Interest Coverage Ratio at Txnm Energy was 1.06, down 60.7% year-over-year; for FY2023, it was 1.22, down 60.5% from FY2022.
- In prior years, Txnm Energy's Interest Coverage Ratio was 3.08 in FY2022 (-3.2%), 3.18 in FY2021 (+27.5%), 2.49 in FY2020 (+109.3%) and 1.19 in FY2019 (-35.8%).
- Quarterly Interest Coverage Ratio has run from a low of -0.87 in Q4 2023 to a high of 6.53 in Q3 2021 over five years.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2021, with growth of 127.7%; the weakest was Q3 2023, with a decline of 67.2%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.50 (Q1 2024), -0.87 (Q4 2023) and 1.74 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | 5.19 |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | 2,238.00 |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 2.82 |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | 2.13 |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 0.59 |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | 1.65 |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 1.96 |
| 10 | Txnm Energy | 6.50 Bn | 6.48 Bn | 384.42 Mn | 1.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.42 |
| Sep 30, 2025 | 2.89 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 1.29 |
| Sep 30, 2024 | 3.20 |
| 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 |
API Access
Txnm Energy Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TXNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();