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Tuesday Morning (FRA:TDMA) Equity-to-Asset : 0.02 (As of Sep. 2022)


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What is Tuesday Morning Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tuesday Morning's Total Stockholders Equity for the quarter that ended in Sep. 2022 was €5.9 Mil. Tuesday Morning's Total Assets for the quarter that ended in Sep. 2022 was €344.2 Mil. Therefore, Tuesday Morning's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.02.

The historical rank and industry rank for Tuesday Morning's Equity-to-Asset or its related term are showing as below:

FRA:TDMA's Equity-to-Asset is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.4
* Ranked among companies with meaningful Equity-to-Asset only.

Tuesday Morning Equity-to-Asset Historical Data

The historical data trend for Tuesday Morning's Equity-to-Asset 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 Equity-to-Asset Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
- 0.01 0.17 0.05

Tuesday Morning Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.16 0.12 0.05 0.02

Competitive Comparison of Tuesday Morning's Equity-to-Asset

For the Discount Stores subindustry, Tuesday Morning's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Retail - Defensive Industry

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

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



Tuesday Morning Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Tuesday Morning's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=17.962/335.05
=0.05

Tuesday Morning's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=5.891/344.243
=0.02

* 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  (FRA:TDMA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Tuesday Morning Equity-to-Asset Related Terms

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


Tuesday Morning (FRA:TDMA) 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.

Tuesday Morning (FRA:TDMA) Headlines

No Headlines