Tortoise Financial Statements From 2010 to 2024

TYG Stock  USD 44.89  0.31  0.69%   
Tortoise Energy financial statements provide useful quarterly and yearly information to potential Tortoise Energy Infrastructure investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tortoise Energy financial statements helps investors assess Tortoise Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tortoise Energy's valuation are summarized below:
Gross Profit
13.1 M
Profit Margin
7.7228
Market Capitalization
486.6 M
Enterprise Value Revenue
5.071
Revenue
13.6 M
There are over one hundred nineteen available fundamental trend indicators for Tortoise Energy Infrastructure, which can be analyzed over time and compared to other ratios. Active traders should verify all of Tortoise Energy Infrastructure current fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 330.6 M. Enterprise Value is estimated to decrease to about 409.4 M

Tortoise Energy Total Revenue

14.89 Million

Check Tortoise Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tortoise Energy's main balance sheet or income statement drivers, such as Interest Expense of 3.4 M, Selling General Administrative of 8.7 M or Total Revenue of 14.9 M, as well as many indicators such as Price To Sales Ratio of 20.98, Dividend Yield of 0.0698 or PTB Ratio of 0.87. Tortoise financial statements analysis is a perfect complement when working with Tortoise Energy Valuation or Volatility modules.
  
Check out the analysis of Tortoise Energy Correlation against competitors.

Tortoise Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets538.2 M566.5 M1.6 B
Slightly volatile
Short and Long Term Debt Total78.8 M82.9 M412.2 M
Slightly volatile
Total Current Liabilities6.3 M6.6 M213.8 M
Slightly volatile
Total Stockholder Equity415.7 M437.6 M906.5 M
Slightly volatile
Net Debt78.8 M82.9 M361.2 M
Slightly volatile
Non Current Assets Total536.8 M565.1 M1.6 B
Slightly volatile
Cash And Short Term Investments665.5 K367.3 K562.6 K
Slightly volatile
Net Receivables1.1 M1.1 MM
Slightly volatile
Common Stock Shares Outstanding15.2 M9.7 M16.8 M
Slightly volatile
Liabilities And Stockholders Equity538.2 M566.5 M1.6 B
Slightly volatile
Non Current Liabilities Total61.6 M64.9 M282.5 M
Slightly volatile
Total Liabilities122.5 M129 M640.6 M
Slightly volatile
Total Current Assets1.1 M1.1 M5.3 M
Slightly volatile
Other Liabilities500.4 K526.7 K302.7 M
Slightly volatile
Net Tangible Assets774 M402 M1.1 B
Slightly volatile
Long Term Debt147.8 M155.6 M437.6 M
Slightly volatile
Long Term Investments420.1 M442.2 M1.9 B
Slightly volatile
Short and Long Term Debt12.9 M13.6 M44.9 M
Slightly volatile
Short Term Debt6.2 M6.6 M44.2 M
Slightly volatile
Common Stock9.2 K9.7 K32 K
Slightly volatile
Deferred Long Term Liabilities134.5 M151.3 M164.8 M
Slightly volatile
Long Term Debt Total115.7 M121.7 M469.2 M
Slightly volatile
Capital Surpluse617.2 M561.4 M793.9 M
Slightly volatile
Common Stock Total Equity10.5 K11 K61.6 K
Slightly volatile
Net Invested Capital676.2 M407.3 M1.2 B
Slightly volatile
Capital Stock9.2 K9.7 K36.5 K
Slightly volatile
Short Term Investments342.2 K469.3 K276 K
Slightly volatile
Inventory37.4 M61.1 M29.7 M
Slightly volatile

Tortoise Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense3.4 M3.6 M180.6 M
Slightly volatile
Selling General Administrative8.7 M8.3 M2.3 M
Slightly volatile
Other Operating Expenses6.1 M6.5 M13.2 M
Slightly volatile
Cost Of Revenue4.8 MM15.8 M
Slightly volatile
Total Operating Expenses8.7 M8.3 M4.6 M
Slightly volatile
Interest Income448.7 K472.4 K533 M
Slightly volatile
Research Development0.490.510.982
Very volatile
Selling And Marketing Expenses4.1 M4.6 M5.1 M
Slightly volatile

Tortoise Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Dividends Paid70.4 M36.5 M71.7 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Dividend Yield0.06980.09450.0843
Slightly volatile
PTB Ratio0.870.911.1186
Slightly volatile
Book Value Per Share57.3831.8186.1795
Slightly volatile
Average Payables907 K954.7 K6.5 M
Slightly volatile
PB Ratio0.870.911.1186
Slightly volatile
Payables Turnover3.964.1712.3464
Slightly volatile
Average Inventory13.6 M23.9 M14 M
Slightly volatile
Cash Per Share0.02780.02930.1164
Slightly volatile
Days Payables Outstanding84.4690.61132
Pretty Stable
Intangibles To Total Assets0.02120.02380.0259
Slightly volatile
Current Ratio0.110.120.4113
Slightly volatile
Tangible Book Value Per Share57.2531.8185.95
Slightly volatile
Graham Number29.0530.58160
Slightly volatile
Shareholders Equity Per Share56.5131.8184.6724
Slightly volatile
Debt To Equity0.270.170.361
Slightly volatile
Average Receivables3.6 M2.3 M3.4 M
Slightly volatile
Interest Debt Per Share6.046.3636.8967
Slightly volatile
Debt To Assets0.230.170.2227
Pretty Stable
Price Book Value Ratio0.870.911.1186
Slightly volatile
Days Of Payables Outstanding84.4690.61132
Pretty Stable
Company Equity Multiplier1.281.171.5952
Slightly volatile
Long Term Debt To Capitalization0.180.140.2451
Slightly volatile
Total Debt To Capitalization0.280.180.2653
Slightly volatile
Debt Equity Ratio0.270.170.361
Slightly volatile
Net Income Per E B T0.980.620.819
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.80.90.98
Slightly volatile
Price To Book Ratio0.870.911.1186
Slightly volatile
Fixed Asset Turnover3.333.744.0768
Slightly volatile
Debt Ratio0.230.170.2227
Pretty Stable
Price Fair Value0.870.911.1186
Slightly volatile

Tortoise Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap330.6 M348 M962.8 M
Slightly volatile
Enterprise Value409.4 M430.9 M1.4 B
Slightly volatile

Tortoise Fundamental Market Drivers

Cash And Short Term Investments408.1 K

About Tortoise Energy Financial Statements

Tortoise Energy stakeholders use historical fundamental indicators, such as Tortoise Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tortoise Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tortoise Energy's assets and liabilities are reflected in the revenues and expenses on Tortoise Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tortoise Energy Infrastructure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-26.1 M-27.4 M
Total Revenue14.2 M14.9 M
Cost Of RevenueM4.8 M
Sales General And Administrative To Revenue 0.52  0.37 
Revenue Per Share 1.68  1.12 
Ebit Per Revenue 0.49  0.51 

Currently Active Assets on Macroaxis

When determining whether Tortoise Energy Infr is a strong investment it is important to analyze Tortoise Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tortoise Energy's future performance. For an informed investment choice regarding Tortoise Stock, refer to the following important reports:
Check out the analysis of Tortoise Energy Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tortoise Energy. If investors know Tortoise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tortoise Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.097
Dividend Share
2.84
Earnings Share
9.76
Revenue Per Share
1.265
Quarterly Revenue Growth
(0.25)
The market value of Tortoise Energy Infr is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.