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TortoiseEcofin Acquisition III (TortoiseEcofin Acquisition III) FCF Yield % : -0.38 (As of May. 05, 2024)


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What is TortoiseEcofin Acquisition III FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, TortoiseEcofin Acquisition III's Trailing 12-Month Free Cash Flow is $-1.07 Mil, and Market Cap is $280.39 Mil. Therefore, TortoiseEcofin Acquisition III's FCF Yield % for today is -0.38%.

The historical rank and industry rank for TortoiseEcofin Acquisition III's FCF Yield % or its related term are showing as below:

TRTL' s FCF Yield % Range Over the Past 10 Years
Min: -0.39   Med: 0   Max: 0
Current: -0.38

TRTL's FCF Yield % is ranked better than
71.27% of 644 companies
in the Diversified Financial Services industry
Industry Median: -1.465 vs TRTL: -0.38

TortoiseEcofin Acquisition III's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

TortoiseEcofin Acquisition III FCF Yield % Historical Data

The historical data trend for TortoiseEcofin Acquisition III's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TortoiseEcofin Acquisition III FCF Yield % Chart

TortoiseEcofin Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.26 -0.39

TortoiseEcofin Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.23 -0.19 -0.15 -0.36 -0.41

Competitive Comparison of TortoiseEcofin Acquisition III's FCF Yield %

For the Shell Companies subindustry, TortoiseEcofin Acquisition III's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TortoiseEcofin Acquisition III's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TortoiseEcofin Acquisition III's FCF Yield % distribution charts can be found below:

* The bar in red indicates where TortoiseEcofin Acquisition III's FCF Yield % falls into.


TortoiseEcofin Acquisition III FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

TortoiseEcofin Acquisition III's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.065 / 274.948614
=-0.39%

TortoiseEcofin Acquisition III's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.284 * 4 / 274.948614
=-0.41%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TortoiseEcofin Acquisition III FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

TortoiseEcofin Acquisition III FCF Yield % Related Terms

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TortoiseEcofin Acquisition III (TortoiseEcofin Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TortoiseEcofin Acquisition Corp III (NYSE:TRTL) » Definitions » FCF Yield %
Comparable Companies
HCVI CCVI SLAM NETD CXAC NFNT APGB KCGI SAGA DWAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT LSE:ADMR CNDA
Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Overland Park, KS, USA, 66211
Website
https://www.tortoisespac.com
TortoiseEcofin Acquisition Corp III is a blank check company.
Executives
Andrew B Lipsher director C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Hennessy Capital Growth Partners Fund I Spv V, Llc 10 percent owner 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Hennessy Capital Growth Partners Fund I, Lp 10 percent owner 3415 N. PINES WAY, SUITE 204, WILSON WY 83014
Matthew Schindel director 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Tortoiseecofin Sponsor Iii Llc 10 percent owner 5100 W. 115TH PLACE, LEAWOOD KS 66211
Thomas D Hennessy director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Greg A Walker director 999 CORPORATE BOULEVARD, SUITE 300, LINTHICUM HEIGHTS MD 21090
Darrell Jr. Brock officer: Vice President 725 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10022
Juan J. Daboub director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Stephen S. Pang director, officer: President and CFO 5100 W. 115TH PLACE, LEAWOOD KS 66211
Evan J. Zimmer officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Mary Beth Mandanas director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Steven C. Schnitzer officer: VP, Gen. Counsel and Secretary 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
William J. Clinton director 5100 W. 115TH PLACE, LEAWOOD KS 66211