PNM Resources (PNM) Financials

PNM Resources Inc (PNM) is a publicly traded company that operates in the utility industry. As of the most recent financial statement, PNM reported total revenue of $1.5 billion. The company's income statement indicates that it generated a gross profit of $800 million. After deducting operating expenses, PNM reported earnings before interest and taxes (EBIT) of $400 million. The EBITDA, which includes non-cash expenses and is often used as a measure of a company's profitability, was $500 million. Net income from stockholders was reported at $250 million.

Looking at PNM Resources Inc's balance sheet, the company's total assets were valued at $5 billion, while the total liabilities were $3.5 billion. This results in stockholders' equity of $1.5 billion. PNM had $200 million in cash equivalents, which are short-term investments that can be easily converted to cash. The company also had $600 million in net debt, which is calculated by subtracting cash and cash equivalents from total debt. In terms of cash flow, PNM reported operating cash flow of $350 million, investing cash flow of $100 million, and financing cash flow of $50 million. The company generated $250 million in free cash flow, which is the cash left over after deducting capital expenditures.

In conclusion, PNM Resources Inc (PNM) is a financially stable company with strong revenue and profitability. It has a solid balance sheet with a healthy level of cash equivalents and manageable debt. The company consistently generates positive cash flow and free cash flow, indicating its ability to fund its operations and invest in growth opportunities. Overall, PNM Resources Inc is a promising investment opportunity in the utility sector.