TPZ
Price:
$21.1
Market Cap:
$124.28M
Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the Un...[Read more]
Industry
Asset Management
IPO Date
2009-07-29
Stock Exchange
NYSE
Ticker
TPZ
According to Tortoise Essential Energy Fund’s latest financial reports and current stock price. The company's current Current Ratio is 6.47. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.
The mean historical Current Ratio of Tortoise Essential Energy Fund over the last ten years is 4.89. The current 6.47 Current Ratio has changed 13.13% with respect to the historical average. Over the past ten years (40 quarters), TPZ's Current Ratio was at its highest in in the May 2018 quarter at 11.17. The Current Ratio was at its lowest in in the May 2022 quarter at 0.
Average
4.89
Median
5.55
Minimum
0.02
Maximum
9.08
Discovering the peaks and valleys of Tortoise Essential Energy Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 26.77%
Maximum Annual Current Ratio = 9.08
Minimum Annual Increase = -99.73%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 6.47 | 26.77% |
| 2022 | 0.02 | -99.73% |
| 2021 | 9.08 | 93.28% |
| 2020 | 4.70 | -22.07% |
| 2019 | 6.03 | 151.53% |
| 2018 | 2.40 | -56.80% |
The current Current Ratio of Tortoise Essential Energy Fund (TPZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.19
5-year avg
5.26
10-year avg
4.89
Tortoise Essential Energy Fund’s Current Ratio is greater than Royce International Premier Fund (0), greater than XAI Madison Equity Premium Income Fund (0.02), greater than Touchstone International Equity Fund (0), greater than SGI Small Cap Core Fund (0), less than RBC SMID Cap Growth Fund (0), greater than Calamos Global Total Return Fund (0), less than Seven Canyons World Innovators Fund (0), greater than Voya Emerging Markets High Dividend Equity Fund (0), greater than AMG TimesSquare International Small Cap Fund (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $124.01M | |
| 0.02 | $125.86M | |
| 0 | $123.44M | |
| 0 | $120.14M | |
| 0 | $128.60M | |
| 0 | $111.93M | |
| 0 | $121.05M | |
| 0 | $109.43M | |
| 0 | $128.82M |
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What is the Current Ratio?
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What is Tortoise Essential Energy Fund's Current Ratio?
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What is the 3-year average Current Ratio for Tortoise Essential Energy Fund (TPZ)?
What is the 5-year average Current Ratio for Tortoise Essential Energy Fund (TPZ)?
How does the current Current Ratio for Tortoise Essential Energy Fund (TPZ) compare to its historical average?