Tuesday Other Current Assets vs Total Current Liabilities Analysis

TUEM Stock  USD 0.0001  0.00  0.00%   
Tuesday Morning financial indicator trend analysis is much more than just breaking down Tuesday Morning Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tuesday Morning Corp is a good investment. Please check the relationship between Tuesday Morning Other Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tuesday Morning Corp Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Tuesday Morning's Other Current Assets and Total Current Liabilities is 0.07. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Tuesday Morning Corp, assuming nothing else is changed. The correlation between historical values of Tuesday Morning's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Tuesday Morning Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Tuesday Morning's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Tuesday Morning balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tuesday Morning Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Tuesday Morning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tuesday Morning Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
As of the 13th of May 2024, Selling General Administrative is likely to grow to about 265.1 M, while Tax Provision is likely to drop about 62.4 K.
 2021 2022 2023 2024 (projected)
Total Revenue690.8M749.8M862.3M944.4M
Interest Expense8.2M7.2M8.3M13.2M

Tuesday Morning fundamental ratios Correlations

0.240.450.660.330.55-0.520.30.140.48-0.710.560.13-0.71-0.070.280.510.380.490.40.240.10.490.050.290.25
0.240.00.14-0.740.830.130.99-0.8-0.51-0.310.840.46-0.31-0.610.97-0.50.260.670.95-0.580.980.770.790.70.65
0.450.00.180.150.48-0.670.1-0.020.26-0.70.47-0.3-0.7-0.250.110.260.260.330.17-0.01-0.120.170.130.30.08
0.660.140.180.320.20.080.140.230.58-0.220.210.02-0.220.20.180.340.070.10.330.240.130.23-0.33-0.15-0.13
0.33-0.740.150.32-0.53-0.33-0.740.970.87-0.02-0.53-0.53-0.020.76-0.760.87-0.11-0.52-0.640.87-0.81-0.55-0.83-0.64-0.45
0.550.830.480.2-0.53-0.330.9-0.7-0.3-0.731.00.36-0.73-0.710.88-0.250.460.820.88-0.510.730.820.790.770.57
-0.520.13-0.670.08-0.33-0.330.03-0.12-0.270.7-0.330.20.70.190.09-0.41-0.3-0.40.08-0.150.32-0.22-0.19-0.22-0.09
0.30.990.10.14-0.740.90.03-0.82-0.5-0.430.90.5-0.43-0.70.99-0.470.30.730.96-0.610.950.810.820.760.65
0.14-0.8-0.020.230.97-0.7-0.12-0.820.830.19-0.69-0.540.190.85-0.830.82-0.23-0.69-0.720.9-0.82-0.7-0.91-0.71-0.47
0.48-0.510.260.580.87-0.3-0.27-0.50.83-0.14-0.3-0.49-0.140.61-0.470.92-0.21-0.43-0.310.87-0.57-0.45-0.75-0.45-0.3
-0.71-0.31-0.7-0.22-0.02-0.730.7-0.430.19-0.14-0.73-0.231.00.39-0.42-0.29-0.31-0.62-0.450.12-0.15-0.5-0.35-0.51-0.28
0.560.840.470.21-0.531.0-0.330.9-0.69-0.3-0.730.37-0.73-0.70.89-0.240.460.820.89-0.50.740.820.780.770.57
0.130.46-0.30.02-0.530.360.20.5-0.54-0.49-0.230.37-0.23-0.470.5-0.390.070.550.44-0.550.50.60.440.510.38
-0.71-0.31-0.7-0.22-0.02-0.730.7-0.430.19-0.141.0-0.73-0.230.39-0.42-0.29-0.31-0.62-0.450.12-0.15-0.5-0.35-0.51-0.28
-0.07-0.61-0.250.20.76-0.710.19-0.70.850.610.39-0.7-0.470.39-0.70.55-0.37-0.71-0.620.69-0.61-0.66-0.86-0.72-0.43
0.280.970.110.18-0.760.880.090.99-0.83-0.47-0.420.890.5-0.42-0.7-0.470.240.710.98-0.610.950.780.780.770.64
0.51-0.50.260.340.87-0.25-0.41-0.470.820.92-0.29-0.24-0.39-0.290.55-0.47-0.19-0.37-0.330.9-0.6-0.44-0.64-0.3-0.14
0.380.260.260.07-0.110.46-0.30.3-0.23-0.21-0.310.460.07-0.31-0.370.24-0.190.340.21-0.220.230.390.420.09-0.06
0.490.670.330.1-0.520.82-0.40.73-0.69-0.43-0.620.820.55-0.62-0.710.71-0.370.340.67-0.650.570.960.760.790.59
0.40.950.170.33-0.640.880.080.96-0.72-0.31-0.450.890.44-0.45-0.620.98-0.330.210.67-0.490.920.750.680.730.63
0.24-0.58-0.010.240.87-0.51-0.15-0.610.90.870.12-0.5-0.550.120.69-0.610.9-0.22-0.65-0.49-0.63-0.67-0.74-0.51-0.24
0.10.98-0.120.13-0.810.730.320.95-0.82-0.57-0.150.740.5-0.15-0.610.95-0.60.230.570.92-0.630.710.750.640.59
0.490.770.170.23-0.550.82-0.220.81-0.7-0.45-0.50.820.6-0.5-0.660.78-0.440.390.960.75-0.670.710.740.710.55
0.050.790.13-0.33-0.830.79-0.190.82-0.91-0.75-0.350.780.44-0.35-0.860.78-0.640.420.760.68-0.740.750.740.770.58
0.290.70.3-0.15-0.640.77-0.220.76-0.71-0.45-0.510.770.51-0.51-0.720.77-0.30.090.790.73-0.510.640.710.770.89
0.250.650.08-0.13-0.450.57-0.090.65-0.47-0.3-0.280.570.38-0.28-0.430.64-0.14-0.060.590.63-0.240.590.550.580.89
Click cells to compare fundamentals

Tuesday Morning Account Relationship Matchups

Tuesday Morning fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets370.5M243.8M417.9M354.2M407.3M340.5M
Other Current Liab45.9M33.9M45.4M32.4M37.3M43.8M
Total Current Liabilities137.2M39.6M147.0M126.8M114.1M94.4M
Total Stockholder Equity171.3M6.9M71.8M19.0M17.1M16.2M
Property Plant And Equipment Net110.1M68.6M231.0M185.4M213.2M223.9M
Net Debt(11.4M)(46.6M)242.7M251.5M289.3M303.7M
Retained Earnings(63.8M)(230.7M)(227.7M)(286.8M)(258.1M)(245.2M)
Accounts Payable91.3M5.5M45.9M40.8M36.7M54.6M
Cash11.4M46.7M6.5M7.8M7.0M6.7M
Non Current Assets Total114.0M68.6M235.1M190.4M219.0M229.9M
Non Currrent Assets Other3.8M3.9M4.1M5.0M5.8M3.0M
Cash And Short Term Investments11.4M46.7M6.5M7.8M7.0M6.7M
Liabilities And Stockholders Equity370.5M243.8M417.9M354.2M407.3M340.5M
Non Current Liabilities Total62.0M1.3M199.1M208.4M239.7M251.6M
Inventory237.9M114.9M145.1M148.5M170.7M199.8M
Other Current Assets7.2M13.6M31.2M7.5M8.6M11.3M
Other Stockholder Equity234.6M237.2M298.7M304.9M350.6M239.1M
Total Liab199.2M42.1M346.1M335.2M385.5M404.7M
Total Current Assets256.5M175.1M182.8M163.8M188.4M240.6M
Common Stock465K455K862K859K987.9K529.3K
Other Assets3.8M3.9M3.2M261.6M300.9M315.9M
Property Plant Equipment121.1M110.1M327.1M231.0M265.7M183.8M
Other Liab26.8M27.4M2.9M4.5M4.0M3.8M
Net Tangible Assets180.3M171.3M6.9M71.8M64.6M100.7M
Long Term Debt38.5M34.7M38.4M90.9M104.6M109.8M

Currently Active Assets on Macroaxis

When determining whether Tuesday Morning Corp is a strong investment it is important to analyze Tuesday Morning's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tuesday Morning's future performance. For an informed investment choice regarding Tuesday Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Tuesday Morning Corp information on this page should be used as a complementary analysis to other Tuesday Morning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Tuesday Morning's price analysis, check to measure Tuesday Morning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tuesday Morning is operating at the current time. Most of Tuesday Morning's value examination focuses on studying past and present price action to predict the probability of Tuesday Morning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuesday Morning's price. Additionally, you may evaluate how the addition of Tuesday Morning to your portfolios can decrease your overall portfolio volatility.
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Is Tuesday Morning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tuesday Morning. If investors know Tuesday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tuesday Morning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
(0.59)
Revenue Per Share
248.967
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.11)
The market value of Tuesday Morning Corp is measured differently than its book value, which is the value of Tuesday that is recorded on the company's balance sheet. Investors also form their own opinion of Tuesday Morning's value that differs from its market value or its book value, called intrinsic value, which is Tuesday Morning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tuesday Morning's market value can be influenced by many factors that don't directly affect Tuesday Morning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tuesday Morning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuesday Morning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuesday Morning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.