Tortoise Capital Series Etf Total Asset
| TPZ Etf | USD 21.02 0.04 0.19% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Tortoise Capital's long-term financial health and intrinsic value.
Tortoise | Build AI portfolio with Tortoise Etf |
Tortoise Capital Series ETF Total Asset Analysis
Tortoise Capital's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Tortoise Capital Series has a Total Asset of 0.0. This indicator is about the same for the Tortoise Capital Advisors, LLC average (which is currently at 0.0) family and about the same as Equity Energy (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Tortoise Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tortoise Capital's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tortoise Capital could also be used in its relative valuation, which is a method of valuing Tortoise Capital by comparing valuation metrics of similar companies.Tortoise Capital is currently under evaluation in total asset as compared to similar ETFs.
Tortoise Fundamentals
| Shares Outstanding | 6.53 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 44.26 % | ||||
| Number Of Shares Shorted | 11.49 K | ||||
| Price To Earning | 10.14 X | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | 1.31 X | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 91.62 M | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 29.94 % | ||||
| One Year Return | 30.82 % | ||||
| Three Year Return | 18.08 % | ||||
| Five Year Return | 8.20 % | ||||
| Net Asset | 159.22 M | ||||
| Last Dividend Paid | 1.26 |
About Tortoise Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tortoise Capital Series's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Capital Series based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tortoise Capital Series is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tortoise Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tortoise Capital Series Etf. Highlighted below are key reports to facilitate an investment decision about Tortoise Capital Series Etf:Check out Tortoise Capital Piotroski F Score and Tortoise Capital Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Tortoise Capital Series is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Capital's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Capital's market value can be influenced by many factors that don't directly affect Tortoise Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.