GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp (OTCPK:TUEMQ) » Definitions » Degree of Financial Leverage

Tuesday Morning (Tuesday Morning) Degree of Financial Leverage : 0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Tuesday Morning Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Tuesday Morning's Degree of Financial Leverage for the quarter that ended in Sep. 2022 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Tuesday Morning's Degree of Financial Leverage or its related term are showing as below:

TUEMQ's Degree of Financial Leverage is not ranked *
in the Retail - Defensive industry.
Industry Median: 1.02
* Ranked among companies with meaningful Degree of Financial Leverage only.

Tuesday Morning Degree of Financial Leverage Historical Data

The historical data trend for Tuesday Morning's Degree of Financial Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tuesday Morning Degree of Financial Leverage Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Degree of Financial Leverage
- - 1.07 0.44

Tuesday Morning Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.60 1.25 0.44 4.72

Competitive Comparison of Tuesday Morning's Degree of Financial Leverage

For the Discount Stores subindustry, Tuesday Morning's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tuesday Morning's Degree of Financial Leverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's Degree of Financial Leverage falls into.



Tuesday Morning Degree of Financial Leverage Calculation

Tuesday Morning's Degree of Financial Leverage for the quarter that ended in Sep. 2022 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -24.3 (Sep. 2022) / -2.481 (Sep. 2021) - 1 )/( -64.804 (Sep. 2022) / -22.635 (Sep. 2021) - 1 )
=8.7944/1.863
=4.72***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Tuesday Morning  (OTCPK:TUEMQ) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Tuesday Morning Degree of Financial Leverage Related Terms

Thank you for viewing the detailed overview of Tuesday Morning's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Tuesday Morning (Tuesday Morning) Business Description

Traded in Other Exchanges
N/A
Address
6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.
Executives
Osmium Partners, Llc director, 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Zhong John Zhang director 6250 LBJ FWY, DALLAS TX 75240
Andrew Berger director 84 ELM STREET, WESTFIELD NJ 07090
Michael Onghai director 122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
James Harris director 10 FARADAY, IRVINE CA 92618
Maya Burkenroad director C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Sandip Patel director 1010 N. FLORIDA AVE., TAMPA FL 33602
Clicks To Bricks, Llc 10 percent owner, other: Member of 10% owner group 1680 MICHIGAN AVE, SUITE 700, MIAMI BEACH FL 33139
Tm21, Llc director, 10 percent owner, other: Member of 10% owner group 1010 N. FLORIDA AVE., TAMPA FL 33602
Ayon Capital, L.l.c. director, 10 percent owner, other: Member of 10% owner group 1010 N. FLORIDA AVE., TAMPA FL 33602
Tascr Ventures, Llc director, 10 percent owner, other: Member of 10% owner group 1010 NORTH FLORIDA AVENUE, TAMPA FL 33602
Alexander Mehr director, 10 percent owner, other: Member of 10% owner group C/O ZOOSK, INC., 989 MARKET STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Retail Ecommerce Ventures Llc director, 10 percent owner, other: Member of 10% owner group 1680 MICHIGAN AVENUE, SUITE 700, MIAMI BEACH FL 33139
Tai Lopez director, 10 percent owner, other: Member of 10% owner group C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Marcelo Podesta director 6250 LBJ FREEWAY, DALLAS TX 75240

Tuesday Morning (Tuesday Morning) Headlines