Tortoise Energy exotic insider transaction detected


USD 30.71  1.83  5.62%   

Filed transaction by Tortoise Energy Infrastru officer. Unconventional Insider trading
Published over a year ago
View all stories for Tortoise Energy | View All Stories
Transaction by Gengler Courtney

How important is Tortoise Energy's Liquidity

Tortoise Energy financial leverage refers to using borrowed capital as a funding source to finance Tortoise Energy Infrastructure ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tortoise Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Tortoise Energy's total debt and its cash.

How does Tortoise utilize its cash?

To perform a cash flow analysis of Tortoise Energy, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Tortoise Energy is receiving and how much cash it distributes out in a given period. The Tortoise Energy cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.


Tortoise insider trading alert for general transaction of common shares by Gengler Courtney, Vice President, on 25th of June 2020. This event was filed by Tortoise Energy Infrastru with SEC on 2020-06-25. Initial filing of beneficial ownership - SEC Form 3