PNM Resources (PNM) - Net assets

Net assets on the balance sheet as of June 2024 : £1.84 Billion

According to PNM Resources's latest financial reports the company has £1.84 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	$£1.89 B	1.45%
2022-12-31	$£1.86 B	12.67%
2021-12-31	$£1.65 B	6.43%
2020-12-31	$£1.55 B	16.32%
2019-12-31	$£1.33 B	-3.79%
2018-12-31	$£1.38 B	5.94%
2017-12-31	$£1.31 B	-7.84%
2016-12-31	$£1.42 B	21.39%
2015-12-31	$£1.17 B	1.05%
2014-12-31	$£1.16 B	8.62%
2013-12-31	$£1.06 B	1.53%
2012-12-31	$£1.05 B	-1.96%
2011-12-31	$£1.07 B	-4.43%
2010-12-31	$£1.12 B	-1.81%
2009-12-31	$£1.14 B	-9.71%
2008-12-31	$£1.26 B	48.69%
2007-12-31	$£0.85 B	-2.13%
2006-12-31	$£0.87 B	16.67%
2005-12-31	$£0.74 B	30.25%
2004-12-31	$£0.57 B	-4.9%
2003-12-31	$£0.60 B	-2.05%
2002-12-31	$£0.61 B	-13.99%
2001-12-31	$£0.71 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Xcel Energy XEL	£15.89 B	759.89%	🇺🇸 USA
Idacorp IDA	£2.61 B	41.63%	🇺🇸 USA
Edison International EIX	£14.51 B	684.75%	🇺🇸 USA
Nextera Energy NEE	£48.48 B	2,522.43%	🇺🇸 USA
Pinnacle West Capital PNW	£5.41 B	192.75%	🇺🇸 USA
Pacific Gas and Electric PCG	£24.19 B	1,208.46%	🇺🇸 USA
NorthWestern Corporation NWE	£2.16 B	16.92%	🇺🇸 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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