See more : EonX Technologies Inc. (EONX.CN) Income Statement Analysis – Financial Results
Complete financial analysis of Tortoise Energy Independence Fund, Inc. (NDP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tortoise Energy Independence Fund, Inc., a leading company in the Asset Management industry within the Financial Services sector.
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Tortoise Energy Independence Fund, Inc. (NDP)
Industry: Asset Management
Sector: Financial Services
About Tortoise Energy Independence Fund, Inc.
Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Energy Independence Fund, Inc. was formed on July 26, 2005 2012 is domiciled in the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | -393.69K | 28.22M | 17.61M | -29.30M | -55.16M | -30.46M | -33.08M |
| Cost of Revenue | 0.00 | 672.72K | 583.33K | 685.33K | 1.63M | 2.89M | 3.24M |
| Gross Profit | -393.69K | 27.55M | 17.03M | -29.99M | -56.78M | -33.36M | -36.33M |
| Gross Profit Ratio | 100.00% | 97.62% | 96.69% | 102.34% | 102.95% | 109.50% | 109.80% |
| Research & Development | 0.00 | 3.71 | 3.29 | 0.65 | 0.68 | 0.00 | 0.00 |
| General & Administrative | 363.06K | 327.10K | 418.40K | 407.10K | 463.00K | 554.32K | 532.13K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 363.06K | 327.10K | 418.40K | 407.10K | 463.00K | 554.32K | 532.13K |
| Other Expenses | -756.75K | -137.78K | -39.35K | 56.32K | 17.66K | 28.08K | 50.31K |
| Operating Expenses | -393.69K | 189.32K | 379.05K | 463.41K | 480.66K | 582.41K | 582.43K |
| Cost & Expenses | -393.69K | 189.32K | 379.05K | 463.41K | 480.66K | 582.41K | 582.43K |
| Interest Income | 20.35K | 5.13K | 92.00 | 1.19K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 481.41K | 114.23K | 65.75K | 243.37K | 1.23M | 1.76M | 1.18M |
| Depreciation & Amortization | 0.00 | -20.60M | -12.06M | -16.50M | -26.16M | 161.14K | 52.52K |
| EBITDA | -593.85K | 0.00 | 0.00 | -29.52M | -55.64M | -29.29M | -32.48M |
| EBITDA Ratio | 150.84% | 99.73% | 97.85% | 101.58% | 100.87% | 96.14% | 98.19% |
| Operating Income | -593.85K | 28.14M | 17.24M | -29.77M | -55.64M | -29.29M | -32.48M |
| Operating Income Ratio | 150.84% | 99.73% | 97.85% | 101.58% | 100.87% | 96.14% | 98.19% |
| Total Other Income/Expenses | 0.00 | -115.20K | 0.00 | 0.00 | 0.00 | -1.76M | -1.18M |
| Income Before Tax | -593.85K | 28.03M | 17.24M | -29.77M | -55.64M | -31.05M | -33.67M |
| Income Before Tax Ratio | 150.84% | 99.33% | 97.85% | 101.58% | 100.87% | 101.91% | 101.76% |
| Income Tax Expense | 0.00 | -228.49K | -301.89K | -447.93K | -1.40M | -161.14K | -52.52K |
| Net Income | -593.85K | 28.03M | 17.24M | -29.77M | -55.64M | -31.05M | -33.67M |
| Net Income Ratio | 150.84% | 99.33% | 97.85% | 101.58% | 100.87% | 101.91% | 101.76% |
| EPS | -0.36 | 15.19 | 9.34 | -16.12 | -30.16 | -16.90 | -18.56 |
| EPS Diluted | -0.36 | 15.19 | 9.34 | -16.12 | -30.16 | -16.88 | -18.56 |
| Weighted Avg Shares Out | 1.67M | 1.85M | 1.85M | 1.85M | 1.84M | 1.84M | 1.81M |
| Weighted Avg Shares Out (Dil) | 1.67M | 1.85M | 1.85M | 1.85M | 1.84M | 1.84M | 1.81M |
Tortoise Capital Announces Excise Distributions for NTG, TTP and NDP
Distribution Amounts and Dates Declared for: Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) OVERLAND PARK, KS / ACCESSWIRE / November 25, 2024 / Tortoise Capital announced excise tax...
Tortoise Capital Announces Closed-End Fund Distributions
Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) Tortoise Sustainable...
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF
OVERLAND PARK, KS / ACCESSWIRE / October 1, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG)...
Impact On Justin Trudeau's Government As Key Sikh Ally Withdraws Support
An already beleaguered Justin Trudeau has been left in a politically precarious place as key ally Jagmeet Singh's New Democratic Party (NDP) withdrew support for his minority Liberal government ahead of the general election next year...
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / September 3, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today...
Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF
Actively Managed ETF Aims to Offer Investors Greater Liquidity at Net Asset Value OVERLAND PARK, KS / ACCESSWIRE / August 6, 2024 / Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on traditional energy and power infrastructure investing,...
Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report
Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / July 29,...
NDP: Potential Shake-Up On The Horizon
NDP has delivered attractive total return results since our prior update, driven by the energy sector's performance and a narrowing discount. The fund's leverage, high expense ratio, and small AUM pose risks that investors need to consider - but potential...
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 28, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / July 1, 2024 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as...
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024, for TYG, NTG, TTP, NDP and TPZ
OVERLAND PARK, KS / ACCESSWIRE / June 3, 2024 / Tortoise today announced the following preliminary unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that...
Source: https://incomestatements.info
Category: Stock Reports