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Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) FCF Margin % : 57.39% (As of Nov. 2023)


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What is Tortoise Energy Independence Fund, FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tortoise Energy Independence Fund,'s Free Cash Flow for the six months ended in Nov. 2023 was $5.21 Mil. Tortoise Energy Independence Fund,'s Revenue for the six months ended in Nov. 2023 was $9.08 Mil. Therefore, Tortoise Energy Independence Fund,'s FCF Margin % for the quarter that ended in Nov. 2023 was 57.39%.

As of today, Tortoise Energy Independence Fund,'s current FCF Yield % is 4.14%.

The historical rank and industry rank for Tortoise Energy Independence Fund,'s FCF Margin % or its related term are showing as below:

NDP' s FCF Margin % Range Over the Past 10 Years
Min: -588.83   Med: -78.41   Max: 22.54
Current: -588.83


During the past 7 years, the highest FCF Margin % of Tortoise Energy Independence Fund, was 22.54%. The lowest was -588.83%. And the median was -78.41%.

NDP's FCF Margin % is ranked worse than
94.86% of 1556 companies
in the Asset Management industry
Industry Median: 16.755 vs NDP: -588.83


Tortoise Energy Independence Fund, FCF Margin % Historical Data

The historical data trend for Tortoise Energy Independence Fund,'s FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tortoise Energy Independence Fund, FCF Margin % Chart

Tortoise Energy Independence Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
FCF Margin %
Get a 7-Day Free Trial -83.22 -78.41 19.56 22.54 -588.83

Tortoise Energy Independence Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.83 3.24 410.01 30.51 57.39

Competitive Comparison of Tortoise Energy Independence Fund,'s FCF Margin %

For the Asset Management subindustry, Tortoise Energy Independence Fund,'s FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tortoise Energy Independence Fund,'s FCF Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Independence Fund,'s FCF Margin % distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Independence Fund,'s FCF Margin % falls into.



Tortoise Energy Independence Fund, FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Tortoise Energy Independence Fund,'s FCF Margin for the fiscal year that ended in Nov. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=2.32/-0.394
=-588.83 %

Tortoise Energy Independence Fund,'s FCF Margin for the quarter that ended in Nov. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=5.21/9.079
=57.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tortoise Energy Independence Fund, FCF Margin % Related Terms

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Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Energy Independence Fund, Inc. is a non-diversified closed-end management investment company. Its primary investment objective to seek a high level of total return with an emphasis on current distributions. The fund invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a presence in North American oil and gas fields, including shale reservoirs.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Shobana Gopal officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Aristides Fund Qp, Lp 10 percent owner 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202
Aristides Fund Lp 10 percent owner C/O ARISTIDES CAPITAL LLC, 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202

Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Headlines