TUEMQ (Tuesday Morning) EBIT: $-64.8 Mil (TTM As of Sep. 2022)

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What is Tuesday Morning EBIT?

Tuesday Morning TUEMQ -99.00% EBIT is $-64.8 Mil as of Sep. 2022.

Tuesday Morning's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-26.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-64.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tuesday Morning's annualized ROC % for the quarter that ended in Sep. 2022 was -38.53%. Tuesday Morning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -41.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Tuesday Morning  (OTCPK:TUEMQ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tuesday Morning's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-103.548 * ( 1 - 0% )/( (281.618 + 255.873)/ 2 )
=-103.548/268.7455
=-38.53 %

where

Invested Capital(Q: Jun. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=354.176 - 64.742 - ( 7.816 - max(0, 126.796 - 163.783+7.816))
=281.618

Invested Capital(Q: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=340.835 - 78.05 - ( 6.912 - max(0, 134.374 - 147.868+6.912))
=255.873

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

Tuesday Morning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-103.948/( ( (185.387 + max(81.679, 0)) + (183.128 + max(53.285, 0)) )/ 2 )
=-103.948/( ( 267.066 + 236.413 )/ 2 )
=-103.948/251.7395
=-41.29 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 148.462 + 7.505) - (64.742 + 1.095 + 8.451)
=81.679

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 132.464 + 8.492) - (78.05 + 1.072 + 8.549)
=53.285

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tuesday Morning's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-64.804/0.000
= %

* 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.

Tuesday Morning EBIT Related Terms

Tuesday Morning EBIT Historical Data

* Premium members only.

The historical data trend for Tuesday Morning's EBIT 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.

Tuesday Morning EBIT Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
EBIT
-9.73 -162.26 11.44 -51.75

Tuesday Morning Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.94 3.77 -16.16 -26.42 -25.99

TUEMQ vs WMT, COST, TGT: EBIT Comparison

For the Discount Stores subindustry, Tuesday Morning's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's EV-to-EBIT falls into.


Tuesday Morning EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-64.8 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-64.8 Mil mean?
Tuesday Morning (TUEMQ) has a EBIT of $-64.8 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tuesday Morning.
Is Tuesday Morning's EBIT too high?
Tuesday Morning's current EBIT is $-64.8 Mil.
How does Tuesday Morning's EBIT compare to WMT and COST?
Tuesday Morning's EBIT of $-64.8 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Defensive company?
A good EBIT depends on the Retail - Defensive industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tuesday Morning. Tuesday Morning's current EBIT is $-64.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current EBIT of $-64.8 Mil. The current EBIT is $-64.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tuesday Morning (TUEMQ), the current EBIT is $-64.8 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tuesday Morning Business Description

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.