PNM Resources (FRA:98P) Accumulated Depreciation : €-2,624 Mil (As of Mar. 2024)

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What is PNM Resources Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

PNM Resources's quarterly accumulated depreciation declined from Sep. 2023 (€-2,589 Mil) to Dec. 2023 (€-2,560 Mil) but then increased from Dec. 2023 (€-2,560 Mil) to Mar. 2024 (€-2,624 Mil).

PNM Resources's annual accumulated depreciation declined from Dec. 2021 (€-2,650 Mil) to Dec. 2022 (€-2,553 Mil) but then increased from Dec. 2022 (€-2,553 Mil) to Dec. 2023 (€-2,560 Mil).

PNM Resources Accumulated Depreciation Historical Data

The historical data trend for PNM Resources's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PNM Resources Accumulated Depreciation Chart

PNM Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2,480.27

-2,364.51

-2,649.62

-2,552.52

-2,559.96

PNM Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-2,538.87	-2,501.34	-2,589.20	-2,559.96	-2,624.33

PNM Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

PNM Resources Accumulated Depreciation Related Terms

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PNM Resources (FRA:98P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PNM Resources Inc (FRA:98P) » Definitions » Accumulated Depreciation

Comparable Companies

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Traded in Other Exchanges

PNM:USA

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.pnmresources.com

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

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