PNM Resources (FRA:98P) Short-Term Capital Lease Obligation : €11 Mil (As of Mar. 2024)

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What is PNM Resources Short-Term Capital Lease Obligation?

PNM Resources's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €11 Mil.

PNM Resources's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (€11 Mil) to Dec. 2023 (€11 Mil) but then declined from Dec. 2023 (€11 Mil) to Mar. 2024 (€11 Mil).

PNM Resources's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (€24 Mil) to Dec. 2022 (€18 Mil) and declined from Dec. 2022 (€18 Mil) to Dec. 2023 (€11 Mil).

PNM Resources Short-Term Capital Lease Obligation Historical Data

The historical data trend for PNM Resources's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

PNM Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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26.16

22.57

24.09

17.73

11.25

PNM Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															9.74	8.15	11.23	11.25	10.87

PNM Resources Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

PNM Resources Short-Term Capital Lease Obligation 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 » Short-Term Capital Lease Obligation

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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