Tortoise Net Debt vs Gross Profit Margin Analysis

TYG Stock

USD 44.74 0.31 0.70%

Tortoise Energy financial indicator trend analysis is much more than just breaking down Tortoise Energy Infr prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tortoise Energy Infr is a good investment. Please check the relationship between Tortoise Energy Net Debt and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Energy Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tortoise Energy Infr Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tortoise Energy's Net Debt and Gross Profit Margin is -0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Tortoise Energy Infrastructure, assuming nothing else is changed. The correlation between historical values of Tortoise Energy's Net Debt and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Tortoise Energy Infrastructure are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Tortoise Energy's Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Gross Profit Margin

Most indicators from Tortoise Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tortoise Energy Infr current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Energy Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

At this time, Tortoise Energy's Selling General Administrative is most likely to increase significantly in the upcoming years. The Tortoise Energy's current Issuance Of Capital Stock is estimated to increase to about 24.1 M, while Sales General And Administrative To Revenue is projected to decrease to 0.37.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.4M	7.2M	8.3M	8.7M
Cost Of Revenue	6.0M	5.6M	5.0M	4.8M

Total Operating Expenses Cost Of Revenue

Tortoise Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Retained Earnings	Long Term Debt	Long Term Investments	Short Long Term Debt	Short Term Debt	Common Stock	Deferred Long Term Liab
Total Assets		0.92	0.84	0.86	1.0	0.96	0.4	0.9	-0.94	-0.17	-0.31	0.56	0.66	0.8	0.53	0.99	0.53	0.77	0.8	0.72	0.87	0.83	0.55	0.62	0.83	0.33
Short Long Term Debt Total	0.92		0.61	0.63	0.89	0.97	0.49	0.85	-0.76	-0.28	-0.32	0.38	0.36	0.75	0.62	0.9	0.33	0.54	0.61	0.73	0.9	0.66	0.25	0.43	0.89	0.38
Other Current Liab	0.84	0.61		1.0	0.85	0.76	-0.01	0.74	-0.9	-0.02	-0.18	0.61	0.85	0.86	0.18	0.85	0.61	0.85	0.82	0.63	0.61	0.82	0.75	0.71	0.53	0.23
Total Current Liabilities	0.86	0.63	1.0		0.87	0.77	0.01	0.75	-0.9	0.0	-0.2	0.63	0.86	0.86	0.18	0.85	0.62	0.87	0.84	0.65	0.65	0.84	0.77	0.73	0.57	0.25
Total Stockholder Equity	1.0	0.89	0.85	0.87		0.94	0.42	0.89	-0.95	-0.15	-0.31	0.58	0.69	0.78	0.5	0.98	0.54	0.78	0.82	0.71	0.85	0.84	0.58	0.64	0.82	0.32
Net Debt	0.96	0.97	0.76	0.77	0.94		0.37	0.89	-0.87	-0.27	-0.3	0.42	0.46	0.86	0.56	0.96	0.38	0.64	0.68	0.78	0.89	0.73	0.35	0.45	0.83	0.35
Accounts Payable	0.4	0.49	-0.01	0.01	0.42	0.37		0.34	-0.33	-0.11	-0.21	0.13	0.0	-0.06	0.41	0.39	0.09	0.11	0.22	0.29	0.44	0.24	-0.03	0.0	0.51	0.3
Non Current Assets Total	0.9	0.85	0.74	0.75	0.89	0.89	0.34		-0.84	-0.47	-0.24	0.39	0.55	0.76	0.57	0.89	0.36	0.55	0.59	0.64	0.7	0.61	0.34	0.35	0.66	0.26
Non Currrent Assets Other	-0.94	-0.76	-0.9	-0.9	-0.95	-0.87	-0.33	-0.84		0.12	0.26	-0.58	-0.71	-0.76	-0.45	-0.97	-0.56	-0.81	-0.81	-0.65	-0.75	-0.82	-0.63	-0.54	-0.66	-0.27
Other Assets	-0.17	-0.28	-0.02	0.0	-0.15	-0.27	-0.11	-0.47	0.12		-0.07	0.35	0.16	-0.24	-0.43	-0.18	0.35	0.43	0.41	-0.04	0.13	0.38	0.53	0.33	0.15	0.07
Cash And Short Term Investments	-0.31	-0.32	-0.18	-0.2	-0.31	-0.3	-0.21	-0.24	0.26	-0.07		-0.31	-0.14	-0.19	-0.62	-0.3	-0.08	-0.27	-0.24	0.03	-0.34	-0.24	-0.1	-0.11	-0.29	0.0
Net Receivables	0.56	0.38	0.61	0.63	0.58	0.42	0.13	0.39	-0.58	0.35	-0.31		0.65	0.38	0.25	0.55	0.97	0.78	0.73	0.26	0.52	0.73	0.76	0.67	0.51	0.31
Common Stock Shares Outstanding	0.66	0.36	0.85	0.86	0.69	0.46	0.0	0.55	-0.71	0.16	-0.14	0.65		0.53	0.05	0.64	0.65	0.82	0.79	0.3	0.4	0.76	0.9	0.83	0.38	0.13
Non Current Liabilities Total	0.8	0.75	0.86	0.86	0.78	0.86	-0.06	0.76	-0.76	-0.24	-0.19	0.38	0.53		0.24	0.8	0.36	0.61	0.61	0.76	0.68	0.64	0.4	0.51	0.58	0.26
Other Stockholder Equity	0.53	0.62	0.18	0.18	0.5	0.56	0.41	0.57	-0.45	-0.43	-0.62	0.25	0.05	0.24		0.55	0.11	0.14	0.15	0.01	0.45	0.17	-0.1	-0.03	0.4	0.02
Total Liab	0.99	0.9	0.85	0.85	0.98	0.96	0.39	0.89	-0.97	-0.18	-0.3	0.55	0.64	0.8	0.55		0.52	0.76	0.79	0.7	0.85	0.82	0.54	0.56	0.79	0.34
Total Current Assets	0.53	0.33	0.61	0.62	0.54	0.38	0.09	0.36	-0.56	0.35	-0.08	0.97	0.65	0.36	0.11	0.52		0.76	0.71	0.29	0.48	0.72	0.77	0.68	0.48	0.35
Other Liab	0.77	0.54	0.85	0.87	0.78	0.64	0.11	0.55	-0.81	0.43	-0.27	0.78	0.82	0.61	0.14	0.76	0.76		0.98	0.56	0.74	0.98	0.92	0.76	0.69	0.29
Net Tangible Assets	0.8	0.61	0.82	0.84	0.82	0.68	0.22	0.59	-0.81	0.41	-0.24	0.73	0.79	0.61	0.15	0.79	0.71	0.98		0.64	0.8	0.99	0.88	0.75	0.77	0.24
Retained Earnings	0.72	0.73	0.63	0.65	0.71	0.78	0.29	0.64	-0.65	-0.04	0.03	0.26	0.3	0.76	0.01	0.7	0.29	0.56	0.64		0.78	0.67	0.33	0.36	0.75	0.33
Long Term Debt	0.87	0.9	0.61	0.65	0.85	0.89	0.44	0.7	-0.75	0.13	-0.34	0.52	0.4	0.68	0.45	0.85	0.48	0.74	0.8	0.78		0.84	0.47	0.49	0.97	0.38
Long Term Investments	0.83	0.66	0.82	0.84	0.84	0.73	0.24	0.61	-0.82	0.38	-0.24	0.73	0.76	0.64	0.17	0.82	0.72	0.98	0.99	0.67	0.84		0.86	0.75	0.81	0.37
Short Long Term Debt	0.55	0.25	0.75	0.77	0.58	0.35	-0.03	0.34	-0.63	0.53	-0.1	0.76	0.9	0.4	-0.1	0.54	0.77	0.92	0.88	0.33	0.47	0.86		0.82	0.45	0.22
Short Term Debt	0.62	0.43	0.71	0.73	0.64	0.45	0.0	0.35	-0.54	0.33	-0.11	0.67	0.83	0.51	-0.03	0.56	0.68	0.76	0.75	0.36	0.49	0.75	0.82		0.54	0.3
Common Stock	0.83	0.89	0.53	0.57	0.82	0.83	0.51	0.66	-0.66	0.15	-0.29	0.51	0.38	0.58	0.4	0.79	0.48	0.69	0.77	0.75	0.97	0.81	0.45	0.54		0.44
Deferred Long Term Liab	0.33	0.38	0.23	0.25	0.32	0.35	0.3	0.26	-0.27	0.07	0.0	0.31	0.13	0.26	0.02	0.34	0.35	0.29	0.24	0.33	0.38	0.37	0.22	0.3	0.44

Click cells to compare fundamentals

Tortoise Energy Account Relationship Matchups

Tortoise Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	455.8M	569.2M	623.3M	492.7M	566.5M	538.2M
Short Long Term Debt Total	146.4M	154.5M	112.3M	72.1M	82.9M	78.8M
Other Current Liab	(585.3K)	(9.3M)	(26.1M)	(2.1M)	(1.9M)	(1.8M)
Total Current Liabilities	585.3K	9.3M	1.7M	7.4M	6.6M	6.3M
Total Stockholder Equity	305.6M	414.9M	446.6M	380.5M	437.6M	415.7M
Net Debt	101.0M	103.0M	112.3M	72.1M	82.9M	78.8M
Accounts Payable	23.2M	2.9M	585.3K	9.3M	1.7M	0.0
Non Current Assets Total	402.1M	560.0M	620.2M	491.4M	565.1M	536.8M
Non Currrent Assets Other	(402.1M)	(560.0M)	(623.3M)	(491.4M)	(565.1M)	(593.3M)
Other Assets	52.7M	871.4K	320.4K	308.3K	277.5K	263.6K
Cash And Short Term Investments	141.0K	483.1K	301.7K	408.1K	367.3K	665.5K
Net Receivables	1.1M	8.4M	2.8M	985.8K	1.1M	1.1M
Common Stock Shares Outstanding	13.7M	11.9M	11.9M	10.8M	9.7M	15.2M
Liabilities And Stockholders Equity	455.8M	569.2M	623.3M	492.7M	566.5M	538.2M
Non Current Liabilities Total	101.0M	103.0M	1.7M	72.1M	64.9M	61.6M
Other Stockholder Equity	648.2M	623.8M	610.8M	598.9M	688.8M	699.4M
Total Liab	150.2M	154.3M	176.7M	112.2M	129.0M	122.5M
Total Current Assets	1.1M	8.4M	2.8M	985.8K	1.1M	1.1M
Net Tangible Assets	930.3M	305.6M	414.9M	446.6M	402.0M	774.0M
Retained Earnings	(342.6M)	(208.9M)	(164.2M)	(218.5M)	(196.6M)	(186.8M)
Long Term Debt	650.4M	622.6M	133.2M	135.3M	155.6M	147.8M
Long Term Investments	402.1M	560.0M	620.2M	491.4M	442.2M	420.1M
Short Term Debt	13.2M	19.2M	30.7M	7.3M	6.6M	6.2M
Common Stock	12.3K	11.9K	11.3K	10.8K	9.7K	9.2K
Long Term Debt Total	650.4M	622.6M	133.2M	135.3M	121.7M	115.7M
Capital Surpluse	835.7M	697.1M	648.2M	623.8M	561.4M	617.2M
Other Current Assets	(53.2M)	(8.9M)	320.4K	(1.4M)	(1.6M)	(1.7M)
Net Invested Capital	406.7M	518.0M	558.9M	452.6M	407.3M	676.2M
Capital Stock	12.3K	11.9K	11.3K	10.8K	9.7K	9.2K
Short Term Investments	141.0K	483.1K	301.7K	408.1K	469.3K	342.2K

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When determining whether Tortoise Energy Infr is a strong investment it is important to analyze Tortoise Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tortoise Energy's future performance. For an informed investment choice regarding Tortoise Stock, refer to the following important reports:

How To Invest In Tortoise

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Is Tortoise Stock a good investment?

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What is Tortoise Energy's Net Worth?

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Largest Asset Management & Custody Banks Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Energy Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tortoise Energy. If investors know Tortoise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tortoise Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.097

Dividend Share

2.84

Earnings Share

9.76

Revenue Per Share

1.265

Quarterly Revenue Growth

(0.25)

The market value of Tortoise Energy Infr 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy'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 Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy'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.

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Tortoise Net Debt vs Gross Profit Margin Analysis

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Debt

Gross Profit Margin

Tortoise Energy fundamental ratios Correlations

Tortoise Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tortoise Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 0.99	Total Assets
Long Term Investments	+ 0.99	Net Tangible Assets
Total Liab	+ 0.98	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Other Liab

Total Liab	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Total Stockholder Equity
Non Currrent Assets Other	- 0.94	Total Assets
Non Currrent Assets Other	- 0.9	Total Current Liabilities
Non Currrent Assets Other	- 0.9	Other Current Liab
Non Currrent Assets Other	- 0.87	Net Debt