Target Historical Balance Sheet

TGT Stock  USD 150.87  0.32  0.21%   
Trend analysis of Target balance sheet accounts such as Total Stockholder Equity of 10.1 B, Property Plant And Equipment Net of 19.1 B, Net Debt of 21.4 B or Retained Earnings of 7.5 B provides information on Target's total assets, liabilities, and equity, which is the actual value of Target to its prevalent stockholders. By breaking down trends over time using Target balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Target latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Target is a good buy for the upcoming year.

Target Inventory

6.44 Billion

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

About Target Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Target at a specified time, usually calculated after every quarter, six months, or one year. Target Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Target and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Target currently owns. An asset can also be divided into two categories, current and non-current.

Target Balance Sheet Chart

At this time, Target's Property Plant And Equipment Gross is comparatively stable compared to the past year. Common Stock is likely to gain to about 52.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.9 B in 2024.

Total Assets

Total assets refers to the total amount of Target assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Target books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Target balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Target 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Capital Lease Obligations

Target capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Target asset purchases. For example, Target can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Target control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Target's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Target current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Property Plant And Equipment Gross is comparatively stable compared to the past year. Common Stock is likely to gain to about 52.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.9 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total16.2B18.8B21.2B11.0B
Total Assets53.8B53.3B55.4B32.0B

Target balance sheet Correlations

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0.960.440.880.760.970.670.440.170.96-0.20.280.25-0.850.980.860.510.770.950.840.320.72-0.780.63-0.730.04
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0.940.880.360.610.870.370.220.550.87-0.130.590.09-0.890.90.960.530.860.980.940.070.95-0.870.57-0.880.21
0.820.760.110.610.830.460.880.180.830.240.160.28-0.620.720.550.710.50.690.70.290.43-0.390.25-0.410.23
0.980.970.330.870.830.580.50.211.0-0.090.250.15-0.890.970.870.640.820.940.810.190.74-0.780.52-0.770.11
0.530.670.610.370.460.580.38-0.350.57-0.48-0.060.3-0.50.610.390.090.30.50.370.690.24-0.460.81-0.32-0.22
0.480.440.00.220.880.50.38-0.070.50.4-0.10.44-0.190.360.130.580.020.30.40.390.020.070.050.050.16
0.370.17-0.150.550.180.21-0.35-0.070.220.190.91-0.24-0.430.240.480.230.510.410.6-0.290.64-0.440.06-0.540.55
0.980.960.320.870.831.00.570.50.22-0.080.260.14-0.890.970.870.650.820.940.810.180.75-0.780.52-0.770.12
-0.08-0.2-0.66-0.130.24-0.09-0.480.40.19-0.08-0.070.230.22-0.24-0.30.32-0.21-0.19-0.06-0.19-0.190.38-0.680.240.48
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0.170.250.10.090.280.150.30.44-0.240.140.23-0.230.070.130.00.24-0.210.110.20.47-0.060.180.050.18-0.11
-0.89-0.85-0.33-0.89-0.62-0.89-0.5-0.19-0.43-0.890.22-0.50.07-0.9-0.9-0.47-0.96-0.91-0.78-0.1-0.850.95-0.580.96-0.18
0.970.980.40.90.720.970.610.360.240.97-0.240.320.13-0.90.920.560.830.980.850.160.8-0.830.63-0.80.09
0.910.860.380.960.550.870.390.130.480.87-0.30.50.0-0.90.920.550.890.960.87-0.060.95-0.880.61-0.90.12
0.640.51-0.030.530.710.640.090.580.230.650.32-0.030.24-0.470.560.550.410.560.55-0.280.51-0.24-0.01-0.420.2
0.820.770.230.860.50.820.30.020.510.82-0.210.53-0.21-0.960.830.890.410.870.72-0.070.86-0.950.45-0.970.2
0.980.950.390.980.690.940.50.30.410.94-0.190.460.11-0.910.980.960.560.870.920.120.9-0.870.62-0.860.16
0.920.840.310.940.70.810.370.40.60.81-0.060.630.2-0.780.850.870.550.720.920.140.86-0.720.55-0.730.29
0.170.320.410.070.290.190.690.39-0.290.18-0.190.020.47-0.10.16-0.06-0.28-0.070.120.14-0.16-0.090.450.09-0.19
0.820.720.30.950.430.740.240.020.640.75-0.190.64-0.06-0.850.80.950.510.860.90.86-0.16-0.870.56-0.910.26
-0.79-0.78-0.4-0.87-0.39-0.78-0.460.07-0.44-0.780.38-0.570.180.95-0.83-0.88-0.24-0.95-0.87-0.72-0.09-0.87-0.660.96-0.12
0.550.630.670.570.250.520.810.050.060.52-0.680.370.05-0.580.630.61-0.010.450.620.550.450.56-0.66-0.52-0.1
-0.79-0.73-0.32-0.88-0.41-0.77-0.320.05-0.54-0.770.24-0.560.180.96-0.8-0.9-0.42-0.97-0.86-0.730.09-0.910.96-0.52-0.17
0.190.04-0.710.210.230.11-0.220.160.550.120.480.5-0.11-0.180.090.120.20.20.160.29-0.190.26-0.12-0.1-0.17
Click cells to compare fundamentals

Target Account Relationship Matchups

Target balance sheet Accounts

201920202021202220232024 (projected)
Total Assets42.8B51.2B53.8B53.3B55.4B32.0B
Short Long Term Debt Total13.8B14.9B16.2B18.8B21.2B11.0B
Other Current Liab955M1.0B4.9B4.6B4.6B4.8B
Total Current Liabilities14.5B20.1B21.7B19.5B19.3B9.9B
Total Stockholder Equity11.8B14.4B12.8B11.2B13.4B10.1B
Property Plant And Equipment Net28.5B29.1B30.7B34.2B36.5B19.1B
Net Debt11.2B6.4B10.3B16.5B20.3B21.4B
Retained Earnings6.4B8.8B6.9B5.0B7.1B7.5B
Cash2.6B8.5B5.9B2.2B908M1.4B
Non Current Assets Total29.9B30.5B32.2B35.5B37.9B20.1B
Non Currrent Assets Other1.4B1.4B(1.2B)(2.0B)(2.2B)(2.1B)
Cash And Short Term Investments2.6B8.5B5.9B2.2B3.8B4.0B
Net Receivables962M1.1B1.4B1.7B1.4B1.3B
Common Stock Shares Outstanding515.6M505.4M492.7M464.7M462.8M654.2M
Liabilities And Stockholders Equity42.8B51.2B53.8B53.3B55.4B32.0B
Non Current Liabilities Total16.5B16.7B19.2B22.6B22.6B12.1B
Inventory9.0B10.7B13.9B13.5B11.9B6.4B
Other Current Assets1.3B1.6B1.8B2.1B403M382.9M
Other Stockholder Equity6.2B6.3B6.4B6.6B6.8B3.6B
Total Liab30.9B36.8B41.0B42.1B41.9B21.9B
Total Current Assets12.9B20.8B21.6B17.8B17.5B11.9B
Short Term Debt161M1.1B171M130M3.0B3.2B
Accounts Payable9.9B12.9B15.5B13.5B10.5B6.6B
Property Plant And Equipment Gross28.5B29.1B51.9B54.1B60.9B63.9B
Accumulated Other Comprehensive Income(868M)(756M)(553M)(419M)(460M)(483M)
Current Deferred Revenue3.5B5.1B1.2B1.2B1.2B1.5B
Intangible Assets686M37M25M645M8M7.6M
Short Term Investments1.8B7.6B5.0B1.3B2.9B2.2B
Net Tangible Assets11.8B13.8B12.8B11.2B10.1B10.7B
Long Term Debt10.0B9.8B13.5B16.0B14.9B13.5B
Retained Earnings Total Equity6.4B8.8B6.9B5.0B4.5B7.1B
Long Term Debt Total11.3B11.5B13.5B16.0B18.4B13.7B
Capital Surpluse6.2B6.3B6.4B6.6B7.6B5.8B
Deferred Long Term Liab1.1B990M1.6B2.2B2.5B1.3B
Non Current Liabilities Other4.0B47M1.6B1.8B181M172.0M
Accumulated Depreciation(18.2B)(18.7B)(19.7B)(22.6B)(20.4B)(21.4B)
Property Plant Equipment26.3B29.1B30.7B34.2B39.3B30.7B

Pair Trading with Target

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Target position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Target will appreciate offsetting losses from the drop in the long position's value.

Moving against Target Stock

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The ability to find closely correlated positions to Target could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Target when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Target - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Target to buy it.
The correlation of Target is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Target moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Target moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Target can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Target Stock Analysis

When running Target's price analysis, check to measure Target'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 Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.