Tortoise Power and Energy Infrastructure Fund, Inc.

Tortoise Power and Energy Infrastructure Fund, Inc.verified

TPZ

Price:

$20.9

Market Cap:

$123.10M

Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the Un...[Read more]

Industry

Asset Management

IPO Date

2009-07-29

Stock Exchange

NYSE

Ticker

TPZ

The Current Ratio as of November 2024 (TTM) for Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) is 0

According to Tortoise Power and Energy Infrastructure Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of 0% compared to the average of 0 of the last 4 quarters.

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Historical Current Ratio (quarterly & annually)

How has TPZ Current Ratio performed in the past?

The mean historical Current Ratio of Tortoise Power and Energy Infrastructure Fund, Inc. over the last ten years is 4.33. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), TPZ's Current Ratio was at its highest in in the May 2018 quarter at 11.17. The Current Ratio was at its lowest in in the May 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

4.33

Median

3.97

Minimum

0

Maximum

11.11

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tortoise Power and Energy Infrastructure Fund, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 11.11

Minimum Annual Increase = -99.73%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.4726.77%
20220.02-99.73%
20219.08-18.24%
202011.1134.04%
20190.03-98.64%
20182.40-56.80%
20175.55Infinity%

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Average Current Ratio

How has TPZ Current Ratio performed in the past?

The current Current Ratio of Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.19

5-year avg

5.35

10-year avg

4.33

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Current Ratio vs. Peers

How is TPZ’s Current Ratio compared to its peers?

Tortoise Power and Energy Infrastructure Fund, Inc.’s Current Ratio is less than Tortoise Midstream Energy Fund, Inc. (0), less than Kayne Anderson NextGen Energy & Infrastructure, Inc. (0), less than Ecofin Sustainable and Social Impact Term Fund (0), less than RiverNorth Opportunistic Municipal Income Fund, Inc. (0), less than Tortoise Energy Infrastructure Corporation (0.24), less than Tortoise Pipeline & Energy Fund, Inc. (0.92), less than Tortoise Energy Independence Fund, Inc. (0), less than Apollo Tactical Income Fund Inc. (8.00), less than John Hancock Income Securities Trust (0), less than MFS High Income Municipal Trust (4.29), less than MFS Investment Grade Municipal Trust (3.11), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than BlackRock MuniHoldings Fund, Inc. (0.31), less than BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (0), less than Voya Infrastructure, Industrials and Materials Fund (0), less than Dividend and Income Fund (0), less than Nuveen Multi-Asset Income Fund (0), less than Invesco High Income 2024 Target Term Fund (0), less than Eaton Vance National Municipal Opportunities Trust (0), less than Federated Hermes Premier Municipal Income Fund (4.36),

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