Tortoise Energy Independence Fund Balance Sheet Health
Financial Health criteria checks 0/6
Insufficient data to determine the health of Tortoise Energy Independence Fund
Key information
n/a
Debt to equity ratio
n/a
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | n/a |
| Total liabilities | n/a |
| Total assets | n/a |
Recent financial health updates
No updates
Recent updates
NDP: A Fund For Energy Bulls
Aug 27Tortoise Energy Independence Fund raises dividend by 12.5% to $0.63
Feb 10NDP: Outperforming Oil And Gas Equity CEF Deserves A Closer Look
Jan 13Tortoise Energy Independence Fund declares $0.56 dividend
Nov 10NDP: An Energy Play With A Tender Offer Kicker
Oct 06NDP: Reinstates Distribution, Continues As A Somewhat Speculative Fund
Aug 12NDP And TTP: A Proposed Merger Into The Global Energy Evolution Fund
Nov 30In this section we usually analyse Tortoise Energy Independence Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Tortoise Energy Independence Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if NDP's short term assets cover its short term liabilities.
Long Term Liabilities: Insufficient data to determine if NDP's short term assets cover its long term liabilities.
Debt to Equity History and Analysis
Debt Level: Insufficient data to calculate NDP's net debt to equity ratio to determine if it is satisfactory.
Reducing Debt: Insufficient data to determine if NDP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if NDP's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if NDP's interest payments on its debt are well covered by EBIT.