What is the debt of TXNM Energy this year?
TXNM Energy has a debt level of 4,807.6 USD this year.
TXNM Energy Debt 2024
TXNM Energy Debt
4,807.6 USD
Ticker
TXNM
ISIN
US69349H1077
WKN
529983
In 2024, TXNM Energy's total debt was 4,807.6 USD, a 11.06% change from the 4,328.8 USD total debt recorded in the previous year.
TXNM Energy Aktienanalyse
What does TXNM Energy do?
PNM Resources is a public energy supply company headquartered in Albuquerque, New Mexico. The company was founded in 1917 and has since had a long history and experience in the power supply sector. The business model of PNM Resources is to supply customers with electricity and gas. The company operates five power plants, including solar, wind, and hydropower, and also offers other services in the energy efficiency sector. The various divisions of PNM Resources include PNM, TNMP, and unregulated. PNM is the main supplier of electricity and gas in New Mexico and operates the power grid in various areas of New Mexico. TNMP is a power provider that operates the power grid in Texas (mainly in the northern region). The unregulated division of PNM Resources is responsible for the development of energy projects and participation in joint ventures. PNM Resources offers its customers a variety of products and services. These include electricity and gas products for residential and business customers, energy efficiency programs tailored to the needs of communities and businesses, and comprehensive support for the construction of renewable energy projects. In addition, the company offers various tariff plans that meet the needs of customers and enable them to save money and choose sustainable energy options. The main focus of PNM Resources is to create a reliable and affordable energy supply that meets the needs of customers while minimizing environmental impact. In 2019, the company announced plans to invest in renewable energy by 2022 to be 100% carbon-free by 2040. PNM Resources also works closely with local communities and organizations to promote energy projects that bring economic and environmentally friendly benefits. Overall, PNM Resources offers a wide range of products and services tailored to the needs of its customers. With a focus on renewable energy and sustainability, the company is committed to providing its customers with a reliable, environmentally friendly, and affordable energy supply. TXNM Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding TXNM Energy's Debt Structure
TXNM Energy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing TXNM Energy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to TXNM Energy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in TXNM Energy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about TXNM Energy stock
What was the debt of TXNM Energy compared to the previous year?
The debt of TXNM Energy has increased by 11.06% compared to the previous year increased.
What are the consequences of high debt for investors in TXNM Energy?
High debt can pose a risk for investors of TXNM Energy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of TXNM Energy?
Low debt means that TXNM Energy has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from TXNM Energy affect the company?
An increase in debt of TXNM Energy can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of TXNM Energy affect the company?
A reduction in debt of TXNM Energy can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of TXNM Energy?
Some factors that can influence the debt of TXNM Energy include investments, acquisitions, operating costs, and revenue development.
Why are the debts of TXNM Energy so important for investors?
The debts of TXNM Energy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can TXNM Energy take to change the debt?
To change the debt, TXNM Energy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does TXNM Energy pay?
Over the past 12 months, TXNM Energy paid a dividend of 1.47 USD . This corresponds to a dividend yield of about 3.38 %. For the coming 12 months, TXNM Energy is expected to pay a dividend of 1.51 USD.
What is the dividend yield of TXNM Energy?
The current dividend yield of TXNM Energy is 3.38 %.
When does TXNM Energy pay dividends?
TXNM Energy pays a quarterly dividend. This is distributed in the months of November, March, May, August.
How secure is the dividend of TXNM Energy?
TXNM Energy paid dividends every year for the past 25 years.
What is the dividend of TXNM Energy?
For the upcoming 12 months, dividends amounting to 1.51 USD are expected. This corresponds to a dividend yield of 3.47 %.
In which sector is TXNM Energy located?
TXNM Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von TXNM Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TXNM Energy from 8/9/2024 amounting to 0.388 USD, you needed to have the stock in your portfolio before the ex-date on 7/26/2024.
When did TXNM Energy pay the last dividend?
The last dividend was paid out on 8/9/2024.
What was the dividend of TXNM Energy in the year 2023?
In the year 2023, TXNM Energy distributed 1.39 USD as dividends.
In which currency does TXNM Energy pay out the dividend?
The dividends of TXNM Energy are distributed in USD.
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Andere Kennzahlen von TXNM Energy
Our stock analysis for TXNM Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TXNM Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.