TXNM Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	32.07	4.5	2.22	4.08	1.1	47.93
Trading Asset Securities	-	-	7.2	11.1	-	-
Accounts Receivable	273.35	199.53	190.36	247.14	181.03	168.91
Other Receivables	50.9	44.92	83.21	22.67	23.66	29.47
Inventory	172.99	166.86	98.03	66.73	85.46	92.72
Prepaid Expenses	30.72	25.45	19.76	18.47	16.93	15.76
Restricted Cash	6.19	15.94	0.2	10.5	0.5	0.5
Other Current Assets	29.22	41.64	74.57	30.29	15.92	22.19
Total Current Assets	595.44	498.84	475.54	410.98	324.6	377.48
Property, Plant & Equipment	9,291	8,666	7,747	6,960	6,759	5,994
Net Nuclear Fuel	75.72	72.55	74.67	95.22	98.94	100.8
Regulatory Assets	953.08	962	914.38	846.69	514.26	557.79
Goodwill	278.3	278.3	278.3	278.3	278.3	278.3
Long-Term Investments	494.16	475.78	564.15	508.27	552.55	531.05
Long-Term Deferred Charges	281.76	256.33	197.08	157.5	139.33	100.88
Other Long-Term Assets	1.73	1.75	1.73	-	-	-
Total Assets	11,972	11,212	10,253	9,257	8,667	7,940
Accounts Payable	154.42	204.47	205.18	215.71	172.6	169.32
Accrued Expenses	134.48	104.76	98.66	76.78	70.11	68.21
Short-Term Debt	313.8	609.3	261.9	232	62.7	32
Current Portion of Long-Term Debt	402.31	611.6	280.17	184.79	179.34	576.42
Current Portion of Leases	26.9	23.42	21.04	26.14	33.03	31.93
Other Current Liabilities	144.31	221.55	363.82	154.94	146.44	99.79
Total Current Liabilities	1,176	1,775	1,231	890.37	664.21	977.66
Long-Term Debt	4,680	4,312	4,242	3,893	3,520	2,720
Long-Term Leases	322.1	271.85	184.33	57.46	72.07	97.04
Pension & Post-Retirement Benefits	15.7	25.65	25.07	37.32	27.53	63.64
Long-Term Deferred Tax Liabilities	945.75	1,233	1,210	1,219	1,194	1,158
Other Long-Term Liabilities	1,359	999.85	949.9	903.86	954.96	803.83
Total Liabilities	8,499	8,617	7,842	7,001	6,432	5,820
Common Stock	2,566	1,724	1,625	1,429	1,429	1,430
Retained Earnings	924.21	887.65	787.11	828.88	810.2	698.71
Comprehensive Income & Other	-73.75	-75.71	-62.84	-66.05	-71.94	-79.18
Total Common Equity	3,416	2,536	2,349	2,192	2,168	2,049
Minority Interest	56.84	58.43	61.49	64.52	66.93	70.54
Shareholders' Equity	3,473	2,595	2,411	2,256	2,234	2,120
Total Liabilities & Equity	11,972	11,212	10,253	9,257	8,667	7,940
Total Debt	5,745	5,828	4,989	4,393	3,867	3,457
Net Cash (Debt)	-5,713	-5,823	-4,980	-4,378	-3,866	-3,409
Net Cash Per Share	-58.93	-64.28	-57.66	-50.80	-44.89	-42.45
Filing Date Shares Outstanding	108.92	92.66	90.2	85.83	85.83	85.83
Total Common Shares Outstanding	108.92	92.66	90.2	85.83	85.83	85.83
Working Capital	-580.78	-1,276	-755.22	-479.39	-339.61	-600.18
Book Value Per Share	31.36	27.37	26.04	25.54	25.25	23.88
Tangible Book Value	3,138	2,258	2,071	1,914	1,889	1,771
Tangible Book Value Per Share	28.81	24.37	22.96	22.29	22.01	20.63
Machinery	11,109	10,698	9,701	9,165	9,358	8,481
Construction In Progress	791.84	495.98	589.83	372.99	248.86	218.72

Source: S&P Global Market Intelligence. Utility template. Financial Sources.