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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Market Cap : $155.16 Mil (As of May. 02, 2024)


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What is Tortoise Essential Assetsome Term Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tortoise Essential Assetsome Term's share price for the quarter that ended in Nov. 2023 was $12.0144. Tortoise Essential Assetsome Term's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 13.49 Mil. Therefore, Tortoise Essential Assetsome Term's market cap for the quarter that ended in Nov. 2023 was $162.09 Mil.

Tortoise Essential Assetsome Term's quarterly market cap declined from Nov. 2022 ($186.85 Mil) to May. 2023 ($165.67 Mil) and declined from May. 2023 ($165.67 Mil) to Nov. 2023 ($162.09 Mil).

Tortoise Essential Assetsome Term's annual market cap declined from Nov. 2021 ($197.51 Mil) to Nov. 2022 ($186.85 Mil) and declined from Nov. 2022 ($186.85 Mil) to Nov. 2023 ($162.09 Mil).

Enterprise Value is 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 and cash equivalents. Tortoise Essential Assetsome Term's Enterprise Value for Today is $179.12 Mil.


Tortoise Essential Assetsome Term Market Cap Historical Data

The historical data trend for Tortoise Essential Assetsome Term's Market Cap 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 Essential Assetsome Term Market Cap Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
210.46 175.92 197.51 186.85 162.09

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.51 196.30 186.85 165.67 162.09

Competitive Comparison of Tortoise Essential Assetsome Term's Market Cap

For the Asset Management subindustry, Tortoise Essential Assetsome Term'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 Essential Assetsome Term's Market Cap Distribution in the Asset Management Industry

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

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



Tortoise Essential Assetsome Term 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 Essential Assetsome Term's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=$12.0144*13.4911
=$162.09

Tortoise Essential Assetsome Term's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$12.0144*13.4911
=$162.09

* 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) 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 Essential Assetsome Term Market Cap Related Terms

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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a US-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