Tortoise Midstream Energy Fund, (Tortoise Midstream Energy Fund,) Market Cap : $195.01 Mil (As of Apr. 30, 2024)

Tortoise Midstream Energy Fund, Market Cap Chart

Tortoise Midstream Energy Fund, Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Market Cap	Get a 7-Day Free Trial								171.04	214.38	202.05	169.03	174.28

Competitive Comparison of Tortoise Midstream Energy Fund,'s Market Cap

For the Asset Management subindustry, Tortoise Midstream Energy Fund,'s Market Cap, along with its competitors' market caps and Market Cap 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 Midstream Energy Fund,'s Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Midstream Energy Fund,'s Market Cap distribution charts can be found below:

* The bar in red indicates where Tortoise Midstream Energy Fund,'s Market Cap falls into.

Tortoise Midstream Energy Fund, Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Tortoise Midstream Energy Fund,'s Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Tortoise Midstream Energy Fund,'s Market Cap for the quarter that ended in Nov. 2023 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 Midstream Energy Fund,  (NYSE:NTG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Tortoise Midstream Energy Fund, Market Cap Related Terms

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Tortoise Midstream Energy Fund, (Tortoise Midstream Energy Fund,) Business Description