Tuesday Morning Ret. on assets
What is the Ret. on assets of Tuesday Morning?
The Ret. on assets of Tuesday Morning Corporation is -23.39%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Consumer Staples sector on OTC compared to Tuesday Morning
What does Tuesday Morning do?
Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, pet supplies, bath and body products, toys, and seasonal décor products. As of June 30, 2020, it operated approximately 685 stores in 39 states. The company was founded in 1974 and is headquartered in Dallas, Texas. On May 27, 2020, Tuesday Morning Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas.
Companies with ret. on assets similar to Tuesday Morning
- VR Education Plc has Ret. on assets of -23.45%
- Australian Primary Hemp has Ret. on assets of -23.45%
- Inuvo Inc has Ret. on assets of -23.45%
- Integra Resources has Ret. on assets of -23.42%
- Integra Resources has Ret. on assets of -23.42%
- Summi () has Ret. on assets of -23.39%
- Tuesday Morning has Ret. on assets of -23.39%
- Crosstec has Ret. on assets of -23.36%
- Aquila Resources has Ret. on assets of -23.36%
- Nephros has Ret. on assets of -23.35%
- Nephros has Ret. on assets of -23.35%
- Nephros has Ret. on assets of -23.35%
- Anacortes Mining has Ret. on assets of -23.32%