MarketCap
Facebook
X
TelegramTortoise Energy Infrastructure Corporation Income Statement 2020-2011 | TYG
Brief overview of revenue and earnings at Tortoise Energy Infrastructure Corporation
The conclusions below are based on five years of reported results. Tortoise Energy Infrastructure Corporation reported revenue of $22.5 million in 2014 and $28.3 million by 2019. Across the full period, sales moved by +25.9%; the average annual rate was 4.7%. The business did not achieve meaningful top-line expansion.
The final result was $234 million initially and −$191 million in the final year. The emergence of a loss requires close attention to costs and the operating model.
Over the period, capitalization shifted from $8.5 billion to $957 million (−88.7%). Capitalization lags the underlying business improvement.
Summary assessment
Signs of deterioration dominate the five-year picture. The main areas of concern are a softer top-line trend, a weaker market valuation and a weaker final result. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Tortoise Energy Infrastructure Corporation
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
269 M | 957 M | 1.06 B | 1.44 B | 1.5 B | 1.24 B | 8.48 B | 5.44 B | 4.2 B | 4.44 B |
Shares |
13.4 M | 13.4 M | 13.4 M | 12.3 M | 12.2 M | 12 M | 48 M | 28.7 M | 28.3 M | 27.7 M |
Net Income |
-576 M | -191 M | 96.4 M | -113 M | 106 M | -839 M | 234 M | 271 M | 136 M | 70.3 M |
Revenue |
-569 M | 28.3 M | -1.31 M | 1.96 M | 3.6 M | 31.7 M | 22.5 M | 9.42 M | 7.96 M | 1.5 M |
EBITDA |
- | -515 M | -81.7 M | -344 M | 369 M | -2.63 B | 770 M | 885 M | 451 M | 244 M |
Operating Expenses |
- | 8.53 M | 8.13 M | 8.65 M | 452 K | 729 K | 950 K | 400 K | 420 K | 390 K |
General and Administrative Expenses |
1.3 M | 356 K | 418 K | 443 K | 464 K | 551 K | 390 K | 300 K | 310 K | 290 K |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Tortoise Energy Infrastructure Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
USA
China
Russia
Canada
