Tortoise Midstream Energy Fund, Inc.

NYSE:NTG Stock Report

Market Cap: US$216.1m

Tortoise Midstream Energy Fund Balance Sheet Health

Financial Health criteria checks 0/6

Insufficient data to determine the health of Tortoise Midstream Energy Fund

Key information

n/a

Debt to equity ratio

n/a

Debt

Interest coverage ration/a
Cashn/a
Equityn/a
Total liabilitiesn/a
Total assetsn/a

Recent financial health updates

No updates

Recent updates

NTG: Looking Like An Opportunity

Feb 25

NTG: Despite The Fall In Natural Gas Prices, This CEF Is A Buy

Dec 18

NTG: A Competent Midstream Fund With An 8.80% Yield

Nov 09

NTG: This 8.65%-Yielding Midstream Fund Is Trading At A Huge Discount

Aug 24

Tortoise Midstream Energy Fund declares $0.77 dividend

Feb 10

NTG: Tender Offer Results, Tighter Discount

Nov 06

NTG: Tender Offer Play

Sep 01

Tortoise Midstream Energy: Expected To Benefit From Discount To NAV In Energy Space

Oct 13

Tortoise Midstream Energy Fund declares $0.36 dividend

May 10

Tortoise Midstream Energy Fund declares $0.31 dividend

Nov 10

In this section we usually analyse Tortoise Midstream Energy 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 Midstream Energy 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 NTG's short term assets cover its short term liabilities.

Long Term Liabilities: Insufficient data to determine if NTG's short term assets cover its long term liabilities.


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate NTG's net debt to equity ratio to determine if it is satisfactory.

Reducing Debt: Insufficient data to determine if NTG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if NTG's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if NTG's interest payments on its debt are well covered by EBIT.


Balance Sheet

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.