PNM Resources (FRA:98P) Marketable Securities : €0 Mil (As of Mar. 2024)

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What is PNM Resources Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. PNM Resources's Marketable Securities for the quarter that ended in Mar. 2024 was €0 Mil.

PNM Resources Marketable Securities Historical Data

The historical data trend for PNM Resources's Marketable Securities 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 Marketable Securities Chart

PNM Resources Annual Data

Trend

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Marketable Securities

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PNM Resources Quarterly Data
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PNM Resources Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

PNM Resources (FRA:98P) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

PNM Resources Marketable Securities 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 » Marketable Securities

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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