Tortoise Electrification Infrastructure ETF TPZ NYSE

Tortoise Electrification Infrastructure ETF (TPZ) generated $2.21M in operating cash flow for quarter ending 2024-05-31. After capital expenditures of $0.00, free cash flow was $2.21M.

Free cash flow margin was 93.8% of revenue. Cash conversion ratio was 0.18x, suggesting some earnings are non-cash.

The company returned $3.71M in dividends to shareholders during the quarter.

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 0.18x suggests some earnings are non-cash items

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