TXNM Energy, Inc. (TXNM) — Working Capital to Net Assets Ratio
TXNM Energy, Inc. (TXNM) has a Working Capital to Net Assets ratio of -14.5% as of June 2026. Working capital of $-524.31 Million (current assets of $660.35 Million minus current liabilities of $1.18 Billion) is measured against net assets of $3.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TXNM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TXNM Energy, Inc. Working Capital to Net Assets (2019–2025)
This chart shows how TXNM Energy, Inc.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at -14.5%, reflecting working capital of $-524.31 Million against net assets of $3.61 Billion USD. For the complete balance sheet picture, see how large is TXNM Energy, Inc.'s balance sheet.
Annual Working Capital to Net Assets for TXNM Energy, Inc. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TXNM Energy, Inc. from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check TXNM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.6% | $-54.22 Million | $3.39 Billion | $12.57 Million | $66.78 Million | ▲ +47.6 pp |
| 2024 | -49.2% | $-1.28 Billion | $2.59 Billion | $498.84 Million | $1.78 Billion | ▼ -17.9 pp |
| 2023 | -31.3% | $-755.22 Million | $2.41 Billion | $475.54 Million | $1.23 Billion | ▼ -10.1 pp |
| 2022 | -21.2% | $-479.39 Million | $2.26 Billion | $410.98 Million | $890.37 Million | ▼ -6.0 pp |
| 2021 | -15.2% | $-339.61 Million | $2.23 Billion | $324.60 Million | $664.21 Million | ▲ +13.1 pp |
| 2020 | -28.3% | $-600.18 Million | $2.12 Billion | $377.48 Million | $977.66 Million | ▲ +10.1 pp |
| 2019 | -38.4% | $-673.47 Million | $1.75 Billion | $294.01 Million | $967.48 Million | — |