TXNM Energy (STU:98P) Debt-to-Asset : 0.52 (As of Dec. 2024)

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What is TXNM Energy Debt-to-Asset?

TXNM Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1,180 Mil. TXNM Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €4,362 Mil. TXNM Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €10,707 Mil. TXNM Energy's debt to asset for the quarter that ended in Dec. 2024 was 0.52.

TXNM Energy Debt-to-Asset Historical Data

The historical data trend for TXNM Energy's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TXNM Energy Debt-to-Asset Chart

TXNM Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.43

0.44

0.47

0.48

0.52

TXNM Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.48	0.49	0.50	0.51	0.52

Competitive Comparison of TXNM Energy's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, TXNM Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TXNM Energy's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TXNM Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TXNM Energy's Debt-to-Asset falls into.

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TXNM Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TXNM Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1179.612	+	4361.62)	/	10707.205
	=	0.52

TXNM Energy's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1179.612	+	4361.62)	/	10707.205
	=	0.52

TXNM Energy (STU:98P) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

TXNM Energy Debt-to-Asset Related Terms

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TXNM Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » TXNM Energy Inc (STU:98P) » Definitions » Debt-to-Asset

Comparable Companies

POR IDA NWE MGEE OKLO HE OGE GNE SUME PNW NEE SO DUK LSE:NG. AEP D EXC PEG BOM:532555 XEL

Traded in Other Exchanges

TXNM:USA 98P:Germany

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.txnmenergy.com

TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.

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