PNM Resources Inc
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers in New Mexico; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated … Read more
PNM Resources Inc (98P) - Total Assets
Latest total assets as of September 2025: €11.97 Billion EUR
Based on the latest financial reports, PNM Resources Inc (98P) holds total assets worth €11.97 Billion EUR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
PNM Resources Inc - Total Assets Trend (2014–2024)
This chart illustrates how PNM Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PNM Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
PNM Resources Inc's total assets of €11.97 Billion consist of 4.5% current assets and 95.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.0% |
| Accounts Receivable | €130.35 Million | 1.2% |
| Inventory | €166.86 Million | 1.5% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €278.30 Million | 2.5% |
Asset Composition Trend (2014–2024)
This chart illustrates how PNM Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PNM Resources Inc's current assets represent 4.5% of total assets in 2024, a decrease from 7.0% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 2.5% of total assets.
PNM Resources Inc Competitors by Total Assets
Key competitors of PNM Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Energy Group Co Ltd
SHE:000027
|
China | CN¥170.98 Billion |
|
Shenzhen Nanshan Power Co Ltd
SHE:000037
|
China | CN¥2.01 Billion |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
China | CN¥18.55 Billion |
|
An Hui Wenergy Co Ltd
SHE:000543
|
China | CN¥68.20 Billion |
|
Jointo Energy Investment Co Ltd Hebei
SHE:000600
|
China | CN¥48.23 Billion |
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
China | CN¥13.13 Billion |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
China | CN¥1.62 Billion |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
China | CN¥58.81 Billion |
PNM Resources Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - PNM Resources Inc generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, PNM Resources Inc generates $ 2.16 in net profit.
PNM Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.51 | 0.36 | 0.39 |
| Quick Ratio | 0.36 | 0.27 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-580.78 Million | € -873.95 Million | € -600.18 Million |
PNM Resources Inc - Advanced Valuation Insights
This section examines the relationship between PNM Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.88 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | 9.4% |
| Total Assets | €11.21 Billion |
| Market Capitalization | $5.17 Billion USD |
Valuation Analysis
Below Book Valuation: The market values PNM Resources Inc's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: PNM Resources Inc's assets grew by 9.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for PNM Resources Inc (2014–2024)
The table below shows the annual total assets of PNM Resources Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €11.21 Billion | +9.35% |
| 2023-12-31 | €10.25 Billion | +10.75% |
| 2022-12-31 | €9.26 Billion | +6.81% |
| 2021-12-31 | €8.67 Billion | +9.16% |
| 2020-12-31 | €7.94 Billion | +8.78% |
| 2019-12-31 | €7.30 Billion | +6.31% |
| 2018-12-31 | €6.87 Billion | +3.30% |
| 2017-12-31 | €6.65 Billion | +2.70% |
| 2016-12-31 | €6.47 Billion | +7.68% |
| 2015-12-31 | €6.01 Billion | +3.78% |
| 2014-12-31 | €5.79 Billion | -- |