TXNM Energy, Inc. (TXNM) — Defensive Interval Ratio
TXNM Energy, Inc. (TXNM) has a Defensive Interval Ratio of 101 days as of September 2025. Defensive assets of $324.25 Million (cash $-, short-term investments $-, receivables $324.25 Million) cover 101 days of daily cash needs of $3.22 Million/day. Check how tangible is TXNM Energy, Inc.'s equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
TXNM Energy, Inc. Defensive Interval Ratio (2019–2024)
This chart shows how TXNM Energy, Inc.'s Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 101 days, meaning defensive assets of $324.25 Million can fund 101 days of operations without new revenue. Also explore TXNM net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for TXNM Energy, Inc. (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for TXNM Energy, Inc. from 2019 to 2024, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TXNM Energy, Inc. market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 50 days | $244.45 Million | $4.86 Million/day | $- | $- | ▼ -30 days |
| 2023 | 81 days | $271.84 Million | $3.37 Million/day | $- | $-1.73 Million | ▼ -30 days |
| 2022 | 111 days | $269.81 Million | $2.44 Million/day | $- | $- | ▼ -2 days |
| 2021 | 112 days | $204.69 Million | $1.82 Million/day | $- | $- | ▲ +38 days |
| 2020 | 74 days | $198.38 Million | $2.68 Million/day | $- | $- | ▲ +14 days |
| 2019 | 61 days | $160.40 Million | $2.65 Million/day | $- | $- | — |