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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Pre-Tax Income : $-6.02 Mil (TTM As of Nov. 2023)


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What is Tortoise Essential Assetsome Term Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Tortoise Essential Assetsome Term's pretax income for the six months ended in Nov. 2023 was $-2.59 Mil. Its pretax income for the trailing twelve months (TTM) ended in Nov. 2023 was $-6.02 Mil. Tortoise Essential Assetsome Term's pretax margin was 123.56%.

During the past 5 years, Tortoise Essential Assetsome Term's highest Pretax Margin was 120.42%. The lowest was 73.55%. And the median was 108.26%.


Tortoise Essential Assetsome Term Pre-Tax Income Historical Data

The historical data trend for Tortoise Essential Assetsome Term's Pre-Tax Income 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 Essential Assetsome Term Pre-Tax Income Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Pre-Tax Income
-22.53 -8.19 29.63 3.52 -6.02

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.78 8.33 -4.81 -3.43 -2.59

Competitive Comparison of Tortoise Essential Assetsome Term's Pre-Tax Income

For the Asset Management subindustry, Tortoise Essential Assetsome Term's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Essential Assetsome Term's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Tortoise Essential Assetsome Term's Pre-Tax Income falls into.



Tortoise Essential Assetsome Term Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Tortoise Essential Assetsome Term's Pretax Income for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-6.021
=-6.02

Tortoise Essential Assetsome Term's Pretax Income for the quarter that ended in Nov. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-2.591
=-2.59

Pre-Tax Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.02 Mil.

* 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 Essential Assetsome Term  (NYSE:TEAF) Pre-Tax Income Explanation

Tortoise Essential Assetsome Term's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-2.591/-2.097
=123.56%

During the past 5 years, Tortoise Essential Assetsome Term's highest Pretax Margin was 120.42%. The lowest was 73.55%. And the median was 108.26%.

* 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 Essential Assetsome Term Pre-Tax Income Related Terms

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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211