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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 6,053 $ 4,498
Accounts receivable 132,378 130,351
Unbilled revenues 57,689 69,176
Other receivables 42,381 37,236
Materials and supplies 168,244 166,861
Regulatory assets 40,897 41,492
Total current assets 489,406 498,836
Other Property and Investments:    
Other investments 290 259
Non-utility property, net 28,686 28,832
Total other property and investments 499,155 504,615
Utility Plant:    
Plant in service and plant held for future use 10,800,198 10,697,774
Less accumulated depreciation and amortization 2,889,262 2,829,296
Net plant in service and plant held for future use 7,910,936 7,868,478
Construction work in progress 637,262 495,976
Net utility plant 8,622,927 8,437,008
Deferred Charges and Other Assets:    
Regulatory assets 957,305 962,003
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 269,399 272,894
Other deferred charges 274,131 258,080
Total deferred charges and other assets 1,779,132 1,771,274
Total assets 11,390,620 11,211,733
Current Liabilities:    
Short-term debt 593,700 609,300
Current installments of long-term debt 671,858 611,603
Accounts payable 163,132 204,468
Accrued interest and taxes 102,947 104,756
Regulatory liabilities 32,207 34,173
Operating lease liabilities 14,523 14,293
Other current liabilities 71,361 84,998
Total current liabilities 1,694,175 1,775,098
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 4,582,713 4,311,765
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 909,777 899,392
Regulatory liabilities 752,884 748,738
Asset retirement obligations 246,208 244,618
Accrued pension liability and postretirement benefit cost 20,559 23,065
Operating lease liabilities 253,493 255,376
Other deferred credits 368,575 358,867
Total deferred credits and other liabilities 2,551,496 2,530,056
Total liabilities 8,828,384 8,616,919
Commitments and Contingencies (Note 11)
Common Stockholder’s Equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 1,721,109 1,724,444
Retained earnings 857,812 887,649
Total TXNM common stockholders’ equity 2,504,335 2,536,385
Total liabilities and stockholders' equity 11,390,620 11,211,733
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 0 233
Unbilled revenues 14,603 16,193
Other receivables 11,664 15,144
Materials and supplies 25,825 24,351
Regulatory assets 3,437 5,268
Prepaid and other current assets 2,415 4,908
Total current assets 93,341 100,516
Other Property and Investments:    
Other investments 75 75
Non-utility property, net 12,734 13,137
Total other property and investments 12,809 13,212
Utility Plant:    
Plant in service and plant held for future use 3,660,428 3,635,550
Less accumulated depreciation and amortization 632,504 616,741
Net plant in service and plant held for future use 3,027,924 3,018,809
Construction work in progress 272,873 165,527
Net utility plant 3,300,797 3,184,336
Deferred Charges and Other Assets:    
Regulatory assets 106,117 104,693
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 581 923
Other deferred charges 20,404 18,780
Total deferred charges and other assets 353,767 351,061
Total assets 3,760,714 3,649,125
Current Liabilities:    
Short-term debt 139,900 151,600
Current installments of long-term debt 59,929 0
Accrued interest and taxes 35,554 56,740
Regulatory liabilities 1,261 602
Operating lease liabilities 527 713
Other current liabilities 8,700 6,964
Total current liabilities 276,193 291,074
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,543,258 1,464,079
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 212,009 208,107
Regulatory liabilities 241,515 230,037
Asset retirement obligations 975 955
Accrued pension liability and postretirement benefit cost 801 998
Operating lease liabilities 34 167
Other deferred credits 98,457 88,519
Total deferred credits and other liabilities 553,791 528,783
Total liabilities 2,373,242 2,283,936
Commitments and Contingencies (Note 11)
Common Stockholder’s Equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 64 64
Paid-in-capital 870,066 870,066
Retained earnings 517,342 495,059
Total TXNM common stockholders’ equity 1,387,472 1,365,189
Total liabilities and stockholders' equity 3,760,714 3,649,125
Texas-New Mexico Power Company | Nonrelated Party    
Current Assets:    
Accounts receivable 35,340 34,419
Current Liabilities:    
Accounts payable 25,131 67,116
Texas-New Mexico Power Company | Related Party    
Current Assets:    
Accounts receivable 57 0
Current Liabilities:    
Accounts payable $ 5,191 $ 7,339