Tuesday Morning Corporation
Tuesday Morning Corporation operates as an off-price retailer in the United States. It offers outdoor and patio furniture, shades and structures, outdoor décor, grills and outdoor cooking products; skincare, haircare, makeup, bath and body, wellness, fragrance, and other beauty products; furniture; bedding, bathroom towels, bathroom accessories, and curtains; mattresses; and home decor products. … Read more
Tuesday Morning Corporation (TUEMQ) - Total Assets
Latest total assets as of September 2022: $340.83 Million USD
Based on the latest financial reports, Tuesday Morning Corporation (TUEMQ) holds total assets worth $340.83 Million USD as of September 2022.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tuesday Morning Corporation - Total Assets Trend (2020–2022)
This chart illustrates how Tuesday Morning Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tuesday Morning Corporation - Asset Composition Analysis
Current Asset Composition (June 2022)
Tuesday Morning Corporation's total assets of $340.83 Million consist of 46.2% current assets and 53.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $5.81 Million | 1.6% |
| Inventory | $148.46 Million | 41.9% |
| Property, Plant & Equipment | $185.39 Million | 52.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Tuesday Morning Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tuesday Morning Corporation's current assets represent 46.2% of total assets in 2022, an increase from 34.7% in 2020.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2022, down from 9.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 52.3% of total assets.
Tuesday Morning Corporation Competitors by Total Assets
Key competitors of Tuesday Morning Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
E-Mart
KO:139480
|
Korea | ₩34.91 Trillion |
|
Atlan Holdings Bhd
KLSE:7048
|
Malaysia | RM774.54 Million |
|
Big Lots, Inc.
PINK:BIGGQ
|
USA | $2.92 Billion |
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
USA | $7.51 Billion |
|
B&M European Value Retail S.A
PINK:BMRPF
|
USA | $4.01 Billion |
|
Costco Wholesale Corp
NASDAQ:COST
|
USA | $82.79 Billion |
|
Dollar General Corporation
NYSE:DG
|
USA | $31.72 Billion |
|
Distribuidora Internacional de Alimentación S.A
PINK:DIDAF
|
USA | $2.12 Billion |
Tuesday Morning Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Tuesday Morning Corporation generates 2.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tuesday Morning Corporation is currently not profitable relative to its asset base.
Tuesday Morning Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.10 | 1.23 | 4.43 |
| Quick Ratio | 0.11 | 0.10 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $13.49 Million | $ 35.68 Million | $ 135.59 Million |
Tuesday Morning Corporation - Advanced Valuation Insights
This section examines the relationship between Tuesday Morning Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -15.2% |
| Total Assets | $354.18 Million |
| Market Capitalization | $523.89 USD |
Valuation Analysis
Below Book Valuation: The market values Tuesday Morning Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tuesday Morning Corporation's assets decreased by 15.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tuesday Morning Corporation (2020–2022)
The table below shows the annual total assets of Tuesday Morning Corporation from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-06-30 | $354.18 Million | -15.25% |
| 2021-06-30 | $417.88 Million | -17.31% |
| 2020-06-30 | $505.39 Million | -- |