PNM Resources (PNM) - Net assets

Net assets on the balance sheet as of June 2024 : A$3.54 Billion

According to PNM Resources's latest financial reports the company has A$3.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PNM Resources - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.53 B	6.71%
2022-12-31	$A$3.31 B	7.58%
2021-12-31	$A$3.08 B	11.79%
2020-12-31	$A$2.75 B	10.1%
2019-12-31	$A$2.50 B	0%
2018-12-31	$A$2.50 B	10.27%
2017-12-31	$A$2.27 B	-6.8%
2016-12-31	$A$2.43 B	2.15%
2015-12-31	$A$2.38 B	8.06%
2014-12-31	$A$2.20 B	11.74%
2013-12-31	$A$1.97 B	20.72%
2012-12-31	$A$1.63 B	0.6%
2011-12-31	$A$1.62 B	-4.68%
2010-12-31	$A$1.70 B	-17.16%
2009-12-31	$A$2.06 B	-21.71%
2008-12-31	$A$2.63 B	35.93%
2007-12-31	$A$1.93 B	-10.5%
2006-12-31	$A$2.16 B	23.01%
2005-12-31	$A$1.75 B	23.74%
2004-12-31	$A$1.42 B	-1.96%
2003-12-31	$A$1.44 B	-17.17%
2002-12-31	$A$1.74 B	-13.84%
2001-12-31	$A$2.03 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Edison International EIX	A$27.74 B	681.87%	🇺🇸 USA
Nextera Energy NEE	A$95.78 B	2,598.88%	🇺🇸 USA
Pinnacle West Capital PNW	A$10.21 B	187.72%	🇺🇸 USA
Xcel Energy XEL	A$34.01 B	858.46%	🇺🇸 USA
PG&E Corporation PCG	A$47.24 B	1,231.27%	🇺🇸 USA
NorthWestern Energy NWE	A$4.15 B	17.15%	🇺🇸 USA
Idacorp IDA	A$5.15 B	45.29%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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