Tuesday Morning Net debt/EBITDA
Was ist das Net debt/EBITDA von Tuesday Morning?
Net debt/EBITDA von Tuesday Morning Corporation ist -64.65
Was ist die Definition von 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 von Unternehmen in Consumer Staples Sektor auf OTC im Vergleich zu Tuesday Morning
Was macht 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.
Unternehmen mit net debt/ebitda ähnlich Tuesday Morning
- Global Fashion S.A hat Net debt/EBITDA von -66.26
- Husky hat Net debt/EBITDA von -66.13
- China Travel International Investment Hong Kong hat Net debt/EBITDA von -66.03
- Solartech International hat Net debt/EBITDA von -65.87
- Pro-Pac Packaging hat Net debt/EBITDA von -65.44
- CURO Corp hat Net debt/EBITDA von -64.94
- Tuesday Morning hat Net debt/EBITDA von -64.65
- Asia Standard Hotel hat Net debt/EBITDA von -64.62
- NeuPath Health hat Net debt/EBITDA von -64.10
- LiveRamp Inc hat Net debt/EBITDA von -63.96
- Vipshop Ltd hat Net debt/EBITDA von -63.73
- Brand Architekts plc hat Net debt/EBITDA von -63.30
- Polynovo hat Net debt/EBITDA von -63.29