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TEAF (Tortoise Essential Assetsome Term) Enterprise Value : $174.06 Mil (As of Apr. 12, 2025)


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What is Tortoise Essential Assetsome Term Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tortoise Essential Assetsome Term's Enterprise Value is $174.06 Mil. Tortoise Essential Assetsome Term's Revenue for the trailing twelve months (TTM) ended in Nov. 2024 was $13.68 Mil. Therefore, Tortoise Essential Assetsome Term's EV-to-Revenue ratio for today is 12.73.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tortoise Essential Assetsome Term's Enterprise Value is $174.06 Mil. Tortoise Essential Assetsome Term's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2024 was $7.08 Mil. Therefore, Tortoise Essential Assetsome Term's EV-to-FCF ratio for today is 24.60.


Tortoise Essential Assetsome Term Enterprise Value Historical Data

The historical data trend for Tortoise Essential Assetsome Term's Enterprise Value 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.

Tortoise Essential Assetsome Term Enterprise Value Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Enterprise Value
Get a 7-Day Free Trial 206.88 218.90 216.31 186.05 202.26

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 216.31 195.13 186.05 178.77 202.26

Competitive Comparison of Tortoise Essential Assetsome Term's Enterprise Value

For the Asset Management subindustry, Tortoise Essential Assetsome Term's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Tortoise Essential Assetsome Term's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tortoise Essential Assetsome Term's Enterprise Value falls into.


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Tortoise Essential Assetsome Term Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tortoise Essential Assetsome Term's Enterprise Value for the fiscal year that ended in Nov. 2024 is calculated as

Tortoise Essential Assetsome Term's Enterprise Value for the quarter that ended in Nov. 2024 is calculated as

* 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.


Tortoise Essential Assetsome Term  (NYSE:TEAF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tortoise Essential Assetsome Term's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=174.061/13.675
=12.73

Tortoise Essential Assetsome Term's current Enterprise Value is $174.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tortoise Essential Assetsome Term's Revenue for the trailing twelve months (TTM) ended in Nov. 2024 was $13.68 Mil.

2. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Tortoise Essential Assetsome Term's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=174.061/7.076
=24.60

Tortoise Essential Assetsome Term's current Enterprise Value is $174.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tortoise Essential Assetsome Term's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2024 was $7.08 Mil.

* 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.


Tortoise Essential Assetsome Term Enterprise Value Related Terms

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Tortoise Essential Assetsome Term Business Description

Traded in Other Exchanges
N/A
Address
5901 College Boulevard, Suite 400, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a USA-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211