Tortoise Energy Infrastructure Corporation

Tortoise Energy Infrastructure Corporationverified

TYG

Price:

$44.95

Market Cap:

$483.88M

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having...[Read more]

Industry

Asset Management

IPO Date

2004-02-25

Stock Exchange

NYSE

Ticker

TYG

The Current Ratio as of November 2024 (TTM) for Tortoise Energy Infrastructure Corporation (TYG) is 0.24

According to Tortoise Energy Infrastructure Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.24. This represents a change of 42.58% compared to the average of 0.17 of the last 4 quarters.

Tortoise Energy Infrastructure Corporation (TYG) Historical Current Ratio (quarterly & annually)

How has TYG Current Ratio performed in the past?

The mean historical Current Ratio of Tortoise Energy Infrastructure Corporation over the last ten years is 0.57. The current 0.24 Current Ratio has changed 4.15% with respect to the historical average. Over the past ten years (40 quarters), TYG's Current Ratio was at its highest in in the May 2020 quarter at 12.43. The Current Ratio was at its lowest in in the August 2014 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.57

Median

0.14

Minimum

0.02

Maximum

1.79

Tortoise Energy Infrastructure Corporation (TYG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tortoise Energy Infrastructure Corporation 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 = 4.88%

Maximum Annual Current Ratio = 1.79

Minimum Annual Increase = -97.16%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.13-92.12%
20221.7087.12%
20210.91-49.34%
20201.794.88%
20190.0456.04%
20180.02-97.16%
20170.81434.41%
20160.15150.63%
20150.0615.17%
20140.05-53.64%

Tortoise Energy Infrastructure Corporation (TYG) Average Current Ratio

How has TYG Current Ratio performed in the past?

The current Current Ratio of Tortoise Energy Infrastructure Corporation (TYG) 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

0.91

5-year avg

0.91

10-year avg

0.57

Tortoise Energy Infrastructure Corporation (TYG) Current Ratio vs. Peers

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

Tortoise Energy Infrastructure Corporation’s Current Ratio is greater than Tortoise Midstream Energy Fund, Inc. (0), less than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than Destra Multi-Alternative Fund (0), greater than NXG NextGen Infrastructure Income Fund (0), less than Tortoise Pipeline & Energy Fund, Inc. (0.92), greater than Tortoise Power and Energy Infrastructure Fund, Inc. (0), greater than Tortoise Energy Independence Fund, Inc. (0), less than Apollo Tactical Income Fund Inc. (8.00), less than Invesco Municipal Trust (0), less than Invesco California Value Municipal Income Trust (1.39), greater than Invesco Pennsylvania Value Municipal Income Trust (0), greater than Invesco Trust for Investment Grade New York Municipals (0), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (0), less than Puyi Inc. (0.34), less than Virtus Convertible & Income 2024 Target Term Fund (7.66), less than MFS Investment Grade Municipal Trust (2.04), less than null (3.11),

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