Tortoise Electrification Infrastructure ETF TPZ NYSE

Tortoise Electrification Infrastructure ETF (TPZ) generated $13.76M in operating cash flow for fiscal year 2023. After capital expenditures of $0.00, free cash flow was $13.76M.

Free cash flow margin was 132.1% of revenue. Cash conversion ratio was 1.38x, indicating earnings are backed by cash.

The company returned $7.78M in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (41/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (100/100) — Cash conversion ratio was 1.38x confirms earnings are backed by real cash flow

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