Page: Company Financials
Tortoise Energy Independence Fund, Inc.
$40.40
0.00 (0.00%)
As of: 2024-12-23
Master Data Export
Enterprise Value
| Metric | MRQ | MRQ-1 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Stock Price | 33.98 | 28.95 | 28.02 | 32.44 | 21.46 | 12.45 | 44.12 | 85.88 |
| Market Capitalization | 56.61M | 48.23M | 47.86M | 59.64M | 39.61M | 22.96M | 81.05M | 155.78M |
| (-) Cash & Equivalents | -0.32M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| (+) Total Debt | 10.20M | 8.80M | 8.80M | 3.65M | 3.15M | 4.55M | 30.55M | 61.45M |
| Enterprise Value | 67.13M | 57.03M | 56.66M | 63.29M | 42.76M | 27.51M | 111.60M | 217.23M |
Income Statement
| Metric | TTM | TTM-1 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11M | 0.00M | 0M | 28M | 18M | -29M | -55M | -30M | -33M |
| Cost of Revenue | 1M | 0.00M | 0M | 1M | 1M | 1M | 2M | 3M | 3M |
| Gross Profit | 10M | 0.00M | 0M | 28M | 17M | -30M | -57M | -33M | -36M |
| Gross Profit Margin | 88.2% | 0.0% | 100.0% | 97.6% | 96.7% | 102.3% | 102.9% | 109.5% | 109.8% |
| R&D Expenses | 0M | 0.00M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 0M | 0.00M | 0M | 0M | 0M | 0M | 0M | 1M | 1M |
| Operating Expenses | 17M | 0.00M | 0M | 28M | 18M | 0M | 0M | 1M | 1M |
| Operating Income (EBIT) | -7M | 0.00M | 0M | -1M | -1M | -30M | -57M | -34M | -37M |
| Operating Income Margin | -58.4% | 0.0% | 0.0% | -2.4% | -3.3% | 103.9% | 103.8% | 111.4% | 111.6% |
| Interest Income | 0M | 0.00M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Interest Expense | 1M | 0.00M | 0M | 0M | 0M | 0M | 1M | 2M | 1M |
| Net Interest Income | -1M | 0.00M | 0M | 0M | 0M | 0M | -1M | -2M | -1M |
| Unusual Items | 17M | 0.00M | 0M | 29M | 18M | 1M | 3M | 5M | 4M |
| EBT Excluding Unusual Items | -7M | 0.00M | 0M | -1M | -1M | -31M | -58M | -36M | -38M |
| Pre-Tax Income | 10M | 0.00M | -1M | 28M | 17M | -30M | -56M | -31M | -34M |
| Pre-Tax Margin | 85.8% | 0.0% | 150.8% | 99.3% | 97.8% | 101.6% | 100.9% | 101.9% | 101.8% |
| Income Tax Expense | 0M | 0.00M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Net Income | 10M | 0.00M | -1M | 28M | 17M | -30M | -56M | -31M | -34M |
| Net Income Margin | 85.8% | 0.0% | 150.8% | 99.3% | 97.8% | 101.6% | 100.9% | 101.9% | 101.8% |
| Depreciation & Amortization | 1M | 0.00M | 0M | -21M | -12M | 0M | -26M | 0M | 0M |
| EBITDA | -6M | 0.00M | 0M | -21M | -13M | -30M | -83M | -34M | -37M |
| EBITDA Margin | -52.7% | 0.0% | 0.0% | -75.4% | -71.8% | 103.9% | 151.3% | 110.9% | 111.4% |
| NOPAT | -7M | 0.00M | 0M | -1M | -1M | -24M | -45M | -27M | -29M |
| NOPAT Margin | -58.4% | 0.0% | 0.0% | -2.4% | -3.3% | 82.1% | 82.0% | 88.0% | 88.1% |
| Owner's Earnings | 10M | 0.00M | -1M | 7M | 5M | -30M | -82M | -31M | -34M |
| Owner's Earnings Margin | 91.5% | 0.0% | 150.8% | 26.3% | 29.4% | 101.6% | 148.3% | 101.4% | 101.6% |
| EPS (Basic) | 6.11 | 0.00 | -0.36 | 15.19 | 9.34 | -16.12 | -30.16 | -16.90 | -18.56 |
| EPS (Diluted) | 5.68 | 0.00 | -0.36 | 15.19 | 9.34 | -16.12 | -30.16 | -16.88 | -18.56 |
| Shares (Basic) | 2M | 0.00M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
| Shares (Diluted) | 2M | 0.00M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | -0.32M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Investments | 0.64M | 0.34M | 0.34M | 0.56M | 0.41M | 0.08M | 0.30M | 0.31M | 0.31M |
| Cash & Short-Term Investments | 0.32M | 0.34M | 0.34M | 0.56M | 0.41M | 0.08M | 0.30M | 0.31M | 0.31M |
| Net Receivables | 0.22M | 0.22M | 0.22M | 0.29M | 2.04M | 0.17M | 0.23M | 0.04M | 0.20M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 2.04M | 0.17M | 0.00M | 0.00M | 0.00M |
| Other Current Assets | -0.54M | -0.34M | -0.34M | -0.56M | -2.45M | -0.25M | -0.30M | -0.35M | -0.51M |
| Total Current Assets | 0.00M | 0.22M | 0.22M | 0.29M | 2.04M | 0.17M | 0.23M | 0.00M | 0.00M |
| Property, Plant & Equipment | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 0.00M | 67.93M | 67.93M | 70.76M | 49.09M | 35.30M | 88.44M | 191.23M | 255.09M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 71.06M | 51.13M | 35.48M | 88.68M | 0.00M | 0.00M |
| Other Non-Current Assets | 0.00M | 0.00M | 0.00M | -71.06M | -51.13M | -35.48M | -88.68M | -191.23M | -255.09M |
| Other Assets | 76.58M | 0.01M | 0.01M | 71.06M | 51.13M | 35.48M | 0.01M | 0.01M | 0.01M |
| Total Non-Current Assets | 76.58M | 67.93M | 67.93M | 141.82M | 100.22M | 70.78M | 88.45M | 0.01M | 0.01M |
| Total Assets | 76.58M | 68.16M | 68.16M | 142.11M | 102.26M | 70.95M | 88.68M | 0.01M | 0.01M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 1.78M | 0.00M | 0.00M | 0.00M | 0.29M |
| Short-Term Debt | 10.20M | 8.80M | 8.80M | 3.70M | 2.70M | 5.00M | 26.50M | 57.10M | 64.50M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | -0.92M | 0.00M | 0.00M | 0.00M | -64.21M |
| Other Current Liabilities | 0.00M | -0.13M | -0.13M | -0.13M | -1.87M | -0.06M | -0.17M | -57.50M | -0.75M |
| Total Current Liabilities | 10.20M | 8.67M | 8.67M | 3.57M | 1.68M | 4.94M | 26.33M | -0.40M | -0.17M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | -2.04M | -0.18M | -0.63M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 0.26M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Liabilities | 0.26M | 0.00M | 0.00M | 0.00M | -2.04M | -0.18M | -0.63M | 0.00M | 0.00M |
| Total Liabilities | 10.46M | 8.67M | 8.67M | 3.57M | -0.35M | 4.77M | 25.69M | -0.40M | -0.17M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 74.59M |
| Common Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.01M | 0.01M | 0.01M |
| Retained Earnings | -141.19M | -150.36M | -150.36M | -148.43M | -174.64M | -191.75M | -161.06M | -106.60M | -2.91M |
| Accumulated OCI | 0.00M | 0.00M | 0.00M | 67.07M | 46.40M | 0.00M | 61.55M | 0.00M | -74.59M |
| Minority Interest | 0.00M | 0.00M | 8.46M | 3.14M | 2.29M | 4.92M | 26.20M | 0.00M | 0.00M |
| Total Shareholders’ Equity | -141.19M | -150.36M | -150.36M | -81.36M | -128.24M | -191.75M | -99.49M | -106.59M | -2.90M |
| Total Equity | -141.19M | -150.36M | -141.89M | -78.22M | -125.96M | -186.83M | -73.29M | -106.59M | -2.90M |
| Total Liabilities & Equity | -130.73M | -141.69M | -133.22M | -74.65M | -126.31M | -182.06M | -47.60M | -106.99M | -3.07M |
| Tangible Assets | 76.58M | 68.16M | 68.16M | 142.11M | 102.26M | 70.95M | 88.68M | 0.01M | 0.01M |
| Tangible Equity | -141.19M | -150.36M | -141.89M | -78.22M | -125.96M | -186.83M | -73.29M | -106.59M | -2.90M |
| Tangible Book Value | -141.19M | -150.36M | -141.89M | -78.22M | -125.96M | -186.83M | -73.29M | -106.59M | -2.90M |
| Total Investments | 0.32M | 67.93M | 67.93M | 71.32M | 49.50M | 35.30M | 88.44M | 191.23M | 255.09M |
| Net Debt | 10.52M | 8.80M | 8.80M | 3.70M | 2.70M | 5.00M | 26.50M | 57.10M | 64.50M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -10.2M | -8.6M | -8.6M | -3.4M | 0.3M | -4.8M | -26.3M | -57.1M | -0.1M |
| Total Capital | 76.3M | 67.9M | 67.9M | 70.8M | 49.1M | 35.3M | 88.1M | 189.6M | 252.4M |
| Capital Employed | 66.4M | 59.4M | 59.4M | 67.4M | 49.4M | 30.5M | 62.2M | 134.2M | 255.0M |
| Invested Capital | 76.6M | 67.9M | 67.9M | 70.8M | 49.1M | 35.3M | 88.1M | 189.6M | 252.4M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | 0.25M | 0.00M | -0.59M | 28.03M | 17.24M | -29.77M | -55.64M | -31.05M | -33.67M |
| Depreciation & Amortization | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -0.07M | 0.00M | 0.08M | 0.01M | 0.00M | -0.22M | -0.60M | 0.21M | 0.11M |
| Accounts Receivable | 0.09M | 0.00M | 0.06M | 1.74M | -1.81M | 0.05M | -0.19M | 0.16M | 0.07M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | -0.03M | 0.00M | 0.00M | -1.73M | 1.76M | -0.11M | -0.23M | -0.06M | -0.04M |
| Other Working Capital | -0.13M | 0.00M | 0.02M | 0.00M | 0.05M | -0.16M | -0.18M | 0.11M | 0.08M |
| Other Non-Cash Items | 3.56M | 0.00M | 2.84M | -21.68M | -13.79M | 52.97M | 102.14M | 62.88M | 57.42M |
| Net Cash from Operating Activities | 3.76M | 0.00M | 2.32M | 6.36M | 3.44M | 22.98M | 45.90M | 32.04M | 23.86M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | -12.31M | 0.00M | -9.84M | -8.79M | -23.28M | -34.44M | -239.98M | -346.47M | -179.76M |
| Sales / Maturities of Investments | 17.07M | 0.00M | 10.13M | 13.00M | 26.23M | 55.82M | 282.03M | 367.14M | 190.39M |
| Other Investing Activities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Cash from Investing Activities | 4.76M | 0.00M | 0.29M | 4.21M | 2.95M | 21.38M | 42.05M | 20.67M | 10.63M |
| Net Debt Issuance | 0.00M | 0.00M | 5.10M | 1.00M | -2.30M | -21.50M | -30.60M | -7.40M | 0.70M |
| Long-Term Debt Issuance | 0.00M | 0.00M | 5.10M | 1.00M | -2.30M | -21.50M | -30.60M | -7.40M | 0.70M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 0.00M | 0.00M | -3.06M | -3.57M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | -6.63M | 0.00M | -3.06M | -3.57M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -8.48M | 0.00M | -4.36M | -3.79M | -1.14M | -1.48M | -15.30M | -24.64M | -24.56M |
| Common Dividends Paid | -8.48M | 0.00M | -4.36M | -3.79M | -1.14M | -1.48M | -15.30M | -24.64M | -24.56M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -0.03M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Cash from Financing Activities | -8.51M | 0.00M | -2.32M | -6.36M | -3.44M | -22.98M | -45.90M | -32.04M | -23.86M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 0.01M | 0.00M | 0.29M | 4.21M | 2.95M | 21.38M | 42.05M | 20.67M | 10.63M |
| Cash at Beginning of Period | 0.00M | 0.00M | 4.21M | 2.95M | 21.38M | 42.05M | 20.67M | 0.00M | 0.00M |
| Cash at End of Period | 0.01M | 0.00M | 0.29M | 4.21M | 2.95M | 21.38M | 42.05M | 20.67M | 10.63M |
| Operating Cash Flow | 3.76M | 0.00M | 2.32M | 6.36M | 3.44M | 22.98M | 45.90M | 32.04M | 23.86M |
| Capital Expenditure | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Free Cash Flow | 3.76M | 0.00M | 2.32M | 6.36M | 3.44M | 22.98M | 45.90M | 32.04M | 23.86M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 10.75M | 0.00M | -0.76M | 6.62M | 4.55M | -30.40M | -83.41M | -33.75M | -36.81M |
| (-) Tax Adjustment | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.18M | -0.06M |
| (-) Change In Working Capital | -0.07M | 0.00M | 0.08M | 0.01M | 0.00M | -0.22M | -0.60M | 0.21M | 0.11M |
| (-) Capital Expenditure | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Unlevered Free Cash Flow | 10.82M | 0.00M | -0.83M | 6.61M | 4.56M | -30.17M | -82.81M | -33.78M | -36.86M |
| (-) Net Interest Income After Taxes | -0.56M | 0.00M | -0.46M | -0.11M | -0.07M | -0.24M | -1.23M | -1.75M | -1.18M |
| Net Debt Issuance | 0.00M | 0.00M | 5.10M | 1.00M | -2.30M | -21.50M | -30.60M | -7.40M | 0.70M |
| Levered Free Cash Flow | 11.38M | 0.00M | 4.73M | 7.72M | 2.32M | -51.43M | -112.18M | -39.44M | -34.98M |