PNM
Price:
$41.77
Market Cap:
$4.40B
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distrib...[Read more]
Industry
Regulated Electric
IPO Date
1984-08-10
Stock Exchange
NYSE
Ticker
PNM
According to PNM Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.36. This represents a change of -8.89% compared to the average of 0.40 of the last 4 quarters.
The mean historical Current Ratio of PNM Resources, Inc. over the last ten years is 0.41. The current 0.36 Current Ratio has changed 8.83% with respect to the historical average. Over the past ten years (40 quarters), PNM's Current Ratio was at its highest in in the June 2024 quarter at 0.47. The Current Ratio was at its lowest in in the March 2023 quarter at 0.29.
Average
0.41
Median
0.39
Minimum
0.30
Maximum
0.49
Discovering the peaks and valleys of PNM Resources, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 27.05%
Maximum Annual Current Ratio = 0.49
Minimum Annual Increase = -16.29%
Minimum Annual Current Ratio = 0.30
Year | Current Ratio | Change |
---|---|---|
2023 | 0.39 | -16.29% |
2022 | 0.46 | -5.55% |
2021 | 0.49 | 26.57% |
2020 | 0.39 | 27.05% |
The current Current Ratio of PNM Resources, Inc. (PNM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.45
5-year avg
0.41
10-year avg
0.41
PNM Resources, Inc.’s Current Ratio is less than Portland General Electric Company (0.98), less than MGE Energy, Inc. (1.41), less than CMS Energy Corporation (1.23), less than OGE Energy Corp. (0.86), less than Alliant Energy Corporation (0.86), less than Entergy Corporation (0.89), less than Evergy, Inc. (0.55), less than IDACORP, Inc. (1.70), less than Pinnacle West Capital Corporation (0.71), less than DTE Energy Company (0.83), less than Ameren Corporation (0.63), less than CenterPoint Energy, Inc. (1.11), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (2.06),
Company | Current Ratio | Market cap |
---|---|---|
0.98 | $4.62B | |
1.41 | $3.45B | |
1.23 | $19.96B | |
0.86 | $8.34B | |
0.86 | $15.30B | |
0.89 | $32.69B | |
0.55 | $14.20B | |
1.70 | $5.88B | |
0.71 | $9.73B | |
0.83 | $25.01B | |
0.63 | $24.26B | |
1.11 | $21.11B | |
2.06 | $13.69B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like PNM Resources, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like PNM Resources, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is PNM Resources, Inc.'s Current Ratio?
How is the Current Ratio calculated for PNM Resources, Inc. (PNM)?
What is the highest Current Ratio for PNM Resources, Inc. (PNM)?
What is the 3-year average Current Ratio for PNM Resources, Inc. (PNM)?
What is the 5-year average Current Ratio for PNM Resources, Inc. (PNM)?
How does the current Current Ratio for PNM Resources, Inc. (PNM) compare to its historical average?