Tortoise Electrification Infrastructure ETF TPZ NYSE

Tortoise Electrification Infrastructure ETF (TPZ) reported total assets of $129.25M and total liabilities of $24.72M for quarter ending 2024-05-31, resulting in total equity of $104.53M.

The company held $380.73K in cash and short-term investments. Total debt stood at $24.3M, with net debt of $24.68M. The Debt-to-Equity (D/E) ratio was 0.23 (conservative).

Criteria supported by this page:

• HEALTH (100/100, Pass) — Debt-to-Equity of 0.23, current ratio of ? — balance sheet is strong
• MOAT (41/100) — Total assets $129.25M and equity $104.53M support the company's competitive scale
• VALUE (100/100) — Debt-to-Equity 0.23 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 82/100 with 4/7 criteria passed.