Tortoise Energy Independence Fund Statistics
Share Statistics
Tortoise Energy Independence Fund has - shares outstanding. The number of shares has increased by -5% in one year.
| Shares Outstanding | - |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 1.58M |
| Failed to Deliver (FTD) Shares | 24 |
| FTD / Avg. Volume | 0.32% |
Short Selling Information
The latest short interest is 1.50K, so 0.09% of the outstanding shares have been sold short.
| Short Interest | 1.50K |
| Short % of Shares Out | 0.09% |
| Short % of Float | 0.09% |
| Short Ratio (days to cover) | 0.27 |
Valuation Ratios
The PE ratio is -81.22 and the forward PE ratio is null.
| PE Ratio | -81.22 |
| Forward PE | null |
| PS Ratio | -122.51 |
| Forward PS | null |
| PB Ratio | 0.82 |
| P/FCF Ratio | 20.79 |
| PEG Ratio | n/a |
Enterprise Valuation
Tortoise Energy Independence Fund Inc. has an Enterprise Value (EV) of 57.03M.
| EV / Earnings | -96.04 |
| EV / Sales | -144.86 |
| EV / EBITDA | -96.04 |
| EV / EBIT | -96.04 |
| EV / FCF | 24.58 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.15.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.15 |
| Total Debt / Capitalization | 12.97 |
| Cash Flow / Debt | 0.26 |
| Interest Coverage | -1.23 |
Financial Efficiency
Return on equity (ROE) is -0.01% and return on capital (ROIC) is -0.78%.
| Return on Equity (ROE) | -0.01% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | -0.78% |
| Revenue Per Employee | - |
| Profits Per Employee | - |
| Employee Count | - |
| Asset Turnover | -0.01 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 47.04% in the last 52 weeks. The beta is 1.58, so Tortoise Energy Independence Fund 's price volatility has been higher than the market average.
| Beta | 1.58 |
| 52-Week Price Change | 47.04% |
| 50-Day Moving Average | 41.49 |
| 200-Day Moving Average | 36.68 |
| Relative Strength Index (RSI) | 43.96 |
| Average Volume (20 Days) | 7.51K |
Income Statement
In the last 12 months, Tortoise Energy Independence Fund had revenue of -$393.69K and earned -$593.85K in profits. Earnings per share was $-0.36.
| Revenue | -393.69K |
| Gross Profit | -393.69K |
| Operating Income | -593.85K |
| Net Income | -593.85K |
| EBITDA | -593.85K |
| EBIT | -593.85K |
| Earnings Per Share (EPS) | -0.36 |
Balance Sheet
The company has $0 in cash and $8.80M in debt, giving a net cash position of -$8.80M.
| Cash & Cash Equivalents | 0 |
| Total Debt | 8.80M |
| Net Cash | -8.80M |
| Retained Earnings | -150.36M |
| Total Assets | 76.58M |
| Working Capital | -10.20M |
Cash Flow
In the last 12 months, operating cash flow was $2.32M and capital expenditures $0, giving a free cash flow of $2.32M.
| Operating Cash Flow | 2.32M |
| Capital Expenditures | 0 |
| Free Cash Flow | 2.32M |
| FCF Per Share | 1.39 |
Margins
Gross margin is 100%, with operating and profit margins of 150.84% and 150.84%.
| Gross Margin | 100% |
| Operating Margin | 150.84% |
| Pretax Margin | 150.84% |
| Profit Margin | 150.84% |
| EBITDA Margin | 150.84% |
| EBIT Margin | 150.84% |
| FCF Margin | -589.27% |
Dividends & Yields
NDP pays an annual dividend of $1.02, which amounts to a dividend yield of 2.43%.
| Dividend Per Share | $1.02 |
| Dividend Yield | 2.43% |
| Dividend Growth (YoY) | -59.52% |
| Payout Ratio | 9.55% |
| Earnings Yield | -0.86% |
| FCF Yield | 3.32% |
Analyst Forecast
Currently there are no analyst rating for NDP.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on May 1, 2020. It was a backward split with a ratio of 1:8.
| Last Split Date | May 1, 2020 |
| Split Type | backward |
| Split Ratio | 1:8 |
Scores
| Altman Z-Score | 1.85 |
| Piotroski F-Score | 5 |