TortoiseEcofin Acquisition Corp. III
Financials · Blank Checks · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$3.0M | −$1.8M | −$851,031 |
| Net income | $12.8M | $14.2M | $8.7M |
| Total assets | $183.8M | $350.5M | $347.4M |
| Total liabilities | $12.0M | $15.5M | $26.6M |
| Equity | −$11.4M | −$14.9M | −$24.2M |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- −112.5%
- Return on assets
- 7.0%
- Return on capital (ROCE)
- −1.6%
- Liabilities / assets
- 6.5%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −9.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -1.35distress
- Accruals / assets
- 7.6%moderate
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Picton Mahoney Asset ManagementPassive (13G)May 9, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Other material eventAug 30, 2024
- Other material eventAug 23, 2024
- Other material eventJul 31, 2024
- Delisting / listing-standard notice · Regulation FD disclosureJul 23, 2024
- Regulation FD disclosureJun 24, 2024
- Entered a material agreement · New financial obligationJun 12, 2024
- Regulation FD disclosureJun 6, 2024
- Regulation FD disclosureMay 29, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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