PNM Resources (PNM) Quick Ratio

Price: $41.77
Market Cap: $3.77B
Avg Volume: 693.90K
Country: US
Industry: Regulated Electric
Sector: Utilities
Beta: 0.356
52W Range: $34.625-45.098
Website: PNM Resources

PNM Resources Quick Ratio

  • Annual: 0.19
  • Quarterly: 0.19
  • TTM: 0.19

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess PNM Resources's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.28
    • Quarterly: 0.28
    • TTM: 0.28
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.00
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into PNM Resources's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

0.19

Quarterly Quick Ratio

0.19

TTM Quick Ratio

0.19

PNM Resources Historical Quick Ratio
0.390.390.310.310.230.230.160.160.080.080.000.00Quick Ratio202020202021202120222022202320232024202420252025
Historical Current Ratio
0.490.490.390.390.290.290.200.200.100.100.000.00Current Ratio202020202021202120222022202320232024202420252025
Historical Cash Ratio
0.060.060.050.050.040.040.030.030.020.020.010.010.000.00Cash Ratio202020202021202120222022202320232024202420252025

PNM Resources Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 0.19 0.28 0.00
2023 0.31 0.39 0.00
2022 0.39 0.46 0.00
2021 0.39 0.49 0.00
2020 0.32 0.39 0.05
2019 0.22 0.30 0.00

Related Metrics

Explore detailed financial metrics and analysis for PNM.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
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Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
Assets Debt Cash On Hand Shares Outstanding
Dividends
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