Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Price-to-Operating-Cash-Flow : 22.69 (As of May. 26, 2024)

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What is Tortoise Energy Independence Fund, Price-to-Operating-Cash-Flow?

As of today (2024-05-26), Tortoise Energy Independence Fund,'s share price is $33.60. Tortoise Energy Independence Fund,'s Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.48. Hence, Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow Ratio for today is 22.69.

The historical rank and industry rank for Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow or its related term are showing as below:

NDP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.33 Med: 7.16 Max: 24.75
Current: 22.69

During the past 7 years, Tortoise Energy Independence Fund,'s highest Price-to-Operating-Cash-Flow Ratio was 24.75. The lowest was 0.33. And the median was 7.16.

NDP's Price-to-Operating-Cash-Flow is ranked worse than
70.34% of 1035 companies
in the Asset Management industry
Industry Median: 12.62 vs NDP: 22.69

Tortoise Energy Independence Fund,'s Cash Flow from Operations per share for the six months ended in Nov. 2023 was $3.13. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.48.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Tortoise Energy Independence Fund, was -59.60% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was -51.80% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was -44.30% per year.

During the past 7 years, Tortoise Energy Independence Fund,'s highest 3-Year average Operating Cash Flow per Share Growth Rate was -1.80% per year. The lowest was -52.50% per year. And the median was -50.00% per year.

Tortoise Energy Independence Fund, Price-to-Operating-Cash-Flow Historical Data

The historical data trend for Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow 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, Price-to-Operating-Cash-Flow Chart

Tortoise Energy Independence Fund, Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Price-to-Operating-Cash-Flow

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1.17

1.01

11.92

9.40

20.78

Tortoise Energy Independence Fund, Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Price-to-Operating-Cash-Flow	Get a 7-Day Free Trial								11.92	-	9.40	-	20.78

Competitive Comparison of Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow

For the Asset Management subindustry, Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow falls into.

Tortoise Energy Independence Fund, Price-to-Operating-Cash-Flow Calculation

Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio	=	Share Price	/	Cash Flow from Operations per share (TTM)
	=	33.60	/	1.481
	=	22.69

Tortoise Energy Independence Fund,'s Share Price of today is $33.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Energy Independence Fund,'s Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.48.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio

Market Cap

Cash Flow from Operations

Tortoise Energy Independence Fund, Price-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Tortoise Energy Independence Fund,'s Price-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Independence Fund, Inc. (NYSE:NDP) » Definitions » Price-to-Operating-Cash-Flow

Comparable Companies

Traded in Other Exchanges

N/A

Address

6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211

Website

https://www.tortoiseecofin.com

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

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