PNM Resources Inc (PNM)
36.11
+0.22
(+0.61%)
USD |
NYSE |
Apr 18, 16:00
36.11
0.00 (0.00%)
After-Hours: 17:24
PNM Resources Debt to Equity Ratio: 2.026 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.026 |
| September 30, 2023 | 2.141 |
| June 30, 2023 | 2.057 |
| March 31, 2023 | 2.018 |
| December 31, 2022 | 1.956 |
| September 30, 2022 | 1.870 |
| June 30, 2022 | 1.913 |
| March 31, 2022 | 1.827 |
| December 31, 2021 | 1.726 |
| September 30, 2021 | 1.630 |
| June 30, 2021 | 1.68 |
| March 31, 2021 | 1.671 |
| December 31, 2020 | 1.614 |
| September 30, 2020 | 1.946 |
| June 30, 2020 | 2.031 |
| March 31, 2020 | 2.019 |
| December 31, 2019 | 1.889 |
| September 30, 2019 | 1.867 |
| June 30, 2019 | 1.918 |
| March 31, 2019 | 1.868 |
| December 31, 2018 | 1.710 |
| September 30, 2018 | 1.614 |
| June 30, 2018 | 1.659 |
| March 31, 2018 | 1.664 |
| December 31, 2017 | 1.607 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.527 |
| June 30, 2017 | 1.580 |
| March 31, 2017 | 1.582 |
| December 31, 2016 | 1.588 |
| September 30, 2016 | 1.567 |
| June 30, 2016 | 1.623 |
| March 31, 2016 | 1.594 |
| December 31, 2015 | 1.406 |
| September 30, 2015 | 1.244 |
| June 30, 2015 | 1.266 |
| March 31, 2015 | 1.289 |
| December 31, 2014 | 1.193 |
| September 30, 2014 | 1.139 |
| June 30, 2014 | 1.159 |
| March 31, 2014 | 1.160 |
| December 31, 2013 | 1.124 |
| September 30, 2013 | 1.110 |
| June 30, 2013 | 1.171 |
| March 31, 2013 | 1.185 |
| December 31, 2012 | 1.130 |
| September 30, 2012 | 1.088 |
| June 30, 2012 | 1.168 |
| March 31, 2012 | 1.145 |
| December 31, 2011 | 1.108 |
| September 30, 2011 | 1.158 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.614
Minimum
Dec 2020
2.141
Maximum
Sep 2023
1.884
Average
1.913
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| NRG Energy Inc | 3.700 |
| American Electric Power Co Inc | 1.702 |
| The AES Corp | 10.80 |
| NorthWestern Energy Group Inc | 0.9997 |
| Via Renewables Inc | 0.7203 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.25B |
| Total Liabilities (Quarterly) | 7.842B |
| Shareholders Equity (Quarterly) | 2.361B |
| Current Ratio | 0.3864 |
| Net Debt Paydown Yield | -3.44% |