Tuesday Morning Net debt/EBITDA
Cos'è Net debt/EBITDA di Tuesday Morning?
Net debt/EBITDA di Tuesday Morning Corporation è -64.65
Qual è la definizione di Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA di aziende nel Consumer Staples settore su OTC rispetto a Tuesday Morning
Cosa fa Tuesday Morning?
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.
Aziende con net debt/ebitda simili a Tuesday Morning
- Global Fashion S.A ha Net debt/EBITDA di -66.26
- Husky ha Net debt/EBITDA di -66.13
- China Travel International Investment Hong Kong ha Net debt/EBITDA di -66.03
- Solartech International ha Net debt/EBITDA di -65.87
- Pro-Pac Packaging ha Net debt/EBITDA di -65.44
- CURO Corp ha Net debt/EBITDA di -64.94
- Tuesday Morning ha Net debt/EBITDA di -64.65
- Asia Standard Hotel ha Net debt/EBITDA di -64.62
- NeuPath Health ha Net debt/EBITDA di -64.10
- LiveRamp Inc ha Net debt/EBITDA di -63.96
- Vipshop Ltd ha Net debt/EBITDA di -63.73
- Brand Architekts plc ha Net debt/EBITDA di -63.30
- Polynovo ha Net debt/EBITDA di -63.29