Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Cash per Share : $0.00 (As of Nov. 2023)

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What is Tortoise Energy Infrastructure Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Tortoise Energy Infrastructure's Cash per Share for the quarter that ended in Nov. 2023 was $0.00.

Tortoise Energy Infrastructure Cash per Share Historical Data

The historical data trend for Tortoise Energy Infrastructure's Cash per Share 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.

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Tortoise Energy Infrastructure Cash per Share Chart

Tortoise Energy Infrastructure Annual Data

Trend

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Nov23

Cash per Share

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Tortoise Energy Infrastructure Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash per Share	Get a 7-Day Free Trial								-	-	-	-	-

Tortoise Energy Infrastructure Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Tortoise Energy Infrastructure's Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	0	/	0.00
	=	N/A

Tortoise Energy Infrastructure's Cash per Share for the quarter that ended in Nov. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	0	/	0.00
	=	N/A

Tortoise Energy Infrastructure (NYSE:TYGPRB.PFD) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Tortoise Energy Infrastructure Cash per Share Related Terms

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Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Infrastructure Corp. (NYSE:TYGPRB.PFD) » Definitions » Cash per Share

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TYG:USA

Address

6363 College Boulevard, Suite 100A, Overland Park, Leawood, KS, USA, 66211

Website

https://www.tortoiseadvisors.com

Tortoise Energy Infrastructure Corp seeks to provide a high level of current income to stockholders. It invests in fixed income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.