TXNM Energy, Inc. (TXNM) — Defensive Interval Ratio
TXNM Energy, Inc. (TXNM) has a Defensive Interval Ratio of 98 days as of March 2026. Defensive assets of $275.73 Million (cash $-, short-term investments $-, receivables $275.73 Million) cover 98 days of daily cash needs of $2.80 Million/day. See working capital position of TXNM Energy, Inc. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
TXNM Energy, Inc. Defensive Interval Ratio (2019–2025)
This chart shows how TXNM Energy, Inc.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 98 days, meaning defensive assets of $275.73 Million can fund 98 days of operations without new revenue. See TXNM Energy, Inc. balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for TXNM Energy, Inc. (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for TXNM Energy, Inc. from 2019 to 2025, covering 7 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 market cap of TXNM Energy, Inc..
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 830 days | $151.80 Million | $182.97K/day | $- | $- | ▲ +779 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 | $- | $- | — |