Tortoise Capital Series Etf Retained Earnings
| TPZ Etf | USD 22.21 0.36 1.65% |
Tortoise Capital Series fundamentals help investors to digest information that contributes to Tortoise Capital's financial success or failures. It also enables traders to predict the movement of Tortoise Etf. The fundamental analysis module provides a way to measure Tortoise Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tortoise Capital etf.
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Tortoise Capital Series ETF Retained Earnings Analysis
Tortoise Capital's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Tortoise Capital Series has a Retained Earnings of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (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 Retained Earnings 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 Retained Earnings 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 retained earnings 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 | 0.01 % | ||||
| Year To Date Return | 29.94 % | ||||
| One Year Return | 30.82 % | ||||
| Three Year Return | 18.08 % | ||||
| Five Year Return | 8.20 % | ||||
| 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.
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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.Other Information on Investing in Tortoise Etf
Tortoise Capital financial ratios help investors to determine whether Tortoise Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tortoise with respect to the benefits of owning Tortoise Capital security.