Tortoise Short Term Debt from 2010 to 2024

TYG Stock  USD 43.76  1.44  3.19%   
Tortoise Energy's Short Term Debt is decreasing over the last several years with slightly volatile swings. Short Term Debt is predicted to flatten to about 6.2 M. During the period from 2010 to 2024 Tortoise Energy Infrastructure Short Term Debt regressed destribution of quarterly values had coefficient of variationof  110.40 and r-value of (0.54). View All Fundamentals
 
Short Term Debt  
First Reported
2006-11-30
Previous Quarter
29.6 M
Current Value
29.6 M
Quarterly Volatility
111.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tortoise Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tortoise Energy's main balance sheet or income statement drivers, such as Interest Expense of 3.4 M, Selling General Administrative of 8.7 M or Total Revenue of 14.9 M, as well as many indicators such as Price To Sales Ratio of 20.98, Dividend Yield of 0.0698 or PTB Ratio of 0.87. Tortoise financial statements analysis is a perfect complement when working with Tortoise Energy Valuation or Volatility modules.
  
Check out the analysis of Tortoise Energy Correlation against competitors.

Latest Tortoise Energy's Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Tortoise Energy Infrastructure over the last few years. It is Tortoise Energy's Short Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tortoise Energy's overall financial position and show how it may be relating to other accounts over time.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Tortoise Short Term Debt Regression Statistics

Arithmetic Mean44,158,395
Geometric Mean26,198,499
Coefficient Of Variation110.40
Mean Deviation37,262,189
Median30,000,000
Standard Deviation48,752,245
Sample Variance2376.8T
Range143.2M
R-Value(0.54)
Mean Square Error1800.1T
R-Squared0.30
Significance0.04
Slope(5,938,281)
Total Sum of Squares33274.9T

Tortoise Short Term Debt History

20246.2 M
20236.6 M
20227.3 M
202130.7 M
202019.2 M
201913.2 M
201893.9 M

About Tortoise Energy Financial Statements

Tortoise Energy stakeholders use historical fundamental indicators, such as Tortoise Energy's Short Term Debt, to determine how well the company is positioned to perform in the future. Although Tortoise Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tortoise Energy's assets and liabilities are reflected in the revenues and expenses on Tortoise Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tortoise Energy Infrastructure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Debt6.6 M6.2 M

Currently Active Assets on Macroaxis

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:
Check out the analysis of Tortoise Energy Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.