TXNM Capex To Depreciation from 2010 to 2024

TXNM Stock  USD 48.79  0.32  0.66%   
TXNM Energy, Capex To Depreciation yearly trend continues to be very stable with very little volatility. Capex To Depreciation is likely to drop to 2.16. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
3.04166337
Current Value
2.16
Quarterly Volatility
0.30668711
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TXNM Energy, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TXNM Energy,'s main balance sheet or income statement drivers, such as Selling And Marketing Expenses of 84 M, Interest Income of 18.4 M or Depreciation And Amortization of 365.7 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.0241 or PTB Ratio of 2.07. TXNM financial statements analysis is a perfect complement when working with TXNM Energy, Valuation or Volatility modules.
  
Check out the analysis of TXNM Energy, Correlation against competitors.
To learn how to invest in TXNM Stock, please use our How to Invest in TXNM Energy, guide.

Latest TXNM Energy,'s Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of TXNM Energy, over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. TXNM Energy,'s Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TXNM Energy,'s overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Slightly volatile
   Capex To Depreciation   
       Timeline  

TXNM Capex To Depreciation Regression Statistics

Arithmetic Mean2.30
Geometric Mean2.29
Coefficient Of Variation13.32
Mean Deviation0.23
Median2.16
Standard Deviation0.31
Sample Variance0.09
Range0.8837
R-Value0.57
Mean Square Error0.07
R-Squared0.33
Significance0.03
Slope0.04
Total Sum of Squares1.32

TXNM Capex To Depreciation History

2023 3.04
2022 2.68
2021 2.92

About TXNM Energy, Financial Statements

TXNM Energy, investors utilize fundamental indicators, such as Capex To Depreciation, to predict how TXNM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Depreciation 3.04  2.16 

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When determining whether TXNM Energy, is a strong investment it is important to analyze TXNM Energy,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TXNM Energy,'s future performance. For an informed investment choice regarding TXNM Stock, refer to the following important reports:
Check out the analysis of TXNM Energy, Correlation against competitors.
To learn how to invest in TXNM Stock, please use our How to Invest in TXNM Energy, guide.
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TXNM Energy,. If investors know TXNM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TXNM Energy, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.007
Dividend Share
1.53
Earnings Share
0.9
Revenue Per Share
20.825
Quarterly Revenue Growth
0.023
The market value of TXNM Energy, is measured differently than its book value, which is the value of TXNM that is recorded on the company's balance sheet. Investors also form their own opinion of TXNM Energy,'s value that differs from its market value or its book value, called intrinsic value, which is TXNM Energy,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TXNM Energy,'s market value can be influenced by many factors that don't directly affect TXNM Energy,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TXNM Energy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if TXNM Energy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TXNM Energy,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.