TXNM Energy (TXNM) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$4.19 Billion

According to TXNM Energy's latest financial reports the company has NZ$4.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TXNM Energy - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.81 B	7.25%
2022-12-31	$NZ$3.55 B	8.64%
2021-12-31	$NZ$3.27 B	11.34%
2020-12-31	$NZ$2.93 B	12.86%
2019-12-31	$NZ$2.60 B	-1.01%
2018-12-31	$NZ$2.62 B	5.35%
2017-12-31	$NZ$2.49 B	-1.55%
2016-12-31	$NZ$2.53 B	-0.13%
2015-12-31	$NZ$2.53 B	10.12%
2014-12-31	$NZ$2.30 B	7.53%
2013-12-31	$NZ$2.14 B	3.73%
2012-12-31	$NZ$2.06 B	-3.27%
2011-12-31	$NZ$2.13 B	-4.89%
2010-12-31	$NZ$2.24 B	-11.81%
2009-12-31	$NZ$2.54 B	-20.35%
2008-12-31	$NZ$3.19 B	44.79%
2007-12-31	$NZ$2.20 B	-8.7%
2006-12-31	$NZ$2.42 B	28.58%
2005-12-31	$NZ$1.88 B	22.14%
2004-12-31	$NZ$1.54 B	-7.02%
2003-12-31	$NZ$1.65 B	-12.02%
2002-12-31	$NZ$1.88 B	-24.53%
2001-12-31	$NZ$2.49 B

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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