Tuesday Morning - New Net Tangible Assets

Tuesday Morning - New posts a net tangible assets of $6.9M as of June 2020. That compares with $170M in the prior-year period — down 96.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Tuesday Morning - New's net tangible assets was $170M. The latest reading is $6.9M — a 96.0% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Tuesday Morning - New's financial statement story. At $6.9M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TUEM's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Tuesday Morning - New's other metric pages and overview cover the third.

Judging Tuesday Morning - New against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $6.9M here, then scan peer and history charts to see if the gap is persistent.