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Filing tables
Filing exhibits
- 10-K Annual report
- 10.1 Exhibit 10.1
- 10.2 Exhibit 10.2
- 10.3 Exhibit 10.3
- 10.4 Exhibit 10.4
- 10.5 Exhibit 10.5
- 10.6 Exhibit 10.6
- 12.1 Exhibit 12.1
- 12.2 Exhibit 12.2
- 12.3 Exhibit 12.3
- 21 Exhibit 21
- 23.1 Exhibit 23.1
- 23.2 Exhibit 23.2
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 31.3 Exhibit 31.3
- 31.4 Exhibit 31.4
- 31.5 Exhibit 31.5
- 31.6 Exhibit 31.6
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
- 32.3 Exhibit 32.3
- Download Excel data file
- View Excel data file
Related press release
Associated TXNM transcripts
TXNM similar filings
Filing view
External links
Exhibit 12.3 | |||||||||||||||||||||
TEXAS-NEW MEXICO POWER COMPANY | |||||||||||||||||||||
Ratio of Earnings to Fixed Charges | |||||||||||||||||||||
(In thousands, except ratio) | |||||||||||||||||||||
Year Ended December 31, | |||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||
Fixed charges, as defined by the Securities and Exchange Commission: | |||||||||||||||||||||
Interest expensed and capitalized | $ | 28,739 | $ | 27,698 | $ | 25,875 | $ | 24,941 | $ | 24,481 | |||||||||||
Amortization of debt premium, discount, and expenses | 1,048 | 1,039 | 1,100 | 1,195 | 1,159 | ||||||||||||||||
Estimated interest factor of lease rental charges | 1,190 | 1,249 | 1,229 | 1,311 | 1,241 | ||||||||||||||||
Total Fixed Charges | $ | 30,977 | $ | 29,986 | $ | 28,204 | $ | 27,447 | $ | 26,881 | |||||||||||
Earnings, as defined by the Securities and Exchange Commission: | |||||||||||||||||||||
Earnings from continuing operations before income taxes | $ | 67,071 | $ | 65,508 | $ | 66,088 | $ | 60,330 | $ | 46,711 | |||||||||||
Fixed charges as above | 30,977 | 29,986 | 28,204 | 27,447 | 26,881 | ||||||||||||||||
Interest capitalized | (1,189 | ) | (877 | ) | (593 | ) | (609 | ) | (361 | ) | |||||||||||
Earnings Available for Fixed Charges | $ | 96,859 | $ | 94,617 | $ | 93,699 | $ | 87,168 | $ | 73,231 | |||||||||||
Ratio of Earnings to Fixed Charges | 3.13 | 3.16 | 3.32 | 3.18 | 2.72 | ||||||||||||||||