T.J. Long Term Debt to Equity vs Operating Expenses Analysis

TJX Stock  USD 101.45  0.37  0.37%   
Trend analysis of The TJX Companies balance sheet accounts such as Total Stockholder Equity of 7.7 B, Property Plant And Equipment Net of 16.8 B, Net Debt of 7.3 B or Retained Earnings of 7 B provides information on T.J. Maxx's total assets, liabilities, and equity, which is the actual value of TJX Companies to its prevalent stockholders. By breaking down trends over time using T.J. Maxx 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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

About T.J. Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of TJX Companies at a specified time, usually calculated after every quarter, six months, or one year. T.J. Maxx Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of T.J. Maxx 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 T.J. currently owns. An asset can also be divided into two categories, current and non-current.

T.J. Maxx Balance Sheet Chart

T.J. Maxx Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how TJX Companies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, T.J. Maxx's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 5.9 B in 2024, whereas Intangible Assets are likely to drop slightly above 108 M in 2024.

Total Assets

Total assets refers to the total amount of T.J. Maxx 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 TJX Companies 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 T.J. Maxx balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The TJX Companies 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 T.J. Maxx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Companies 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, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, T.J. Maxx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 18.16 in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue48.5B49.9B54.2B56.9B
Depreciation And Amortization868M887M964M1.0B

T.J. Maxx fundamental ratios Correlations

0.970.690.990.910.980.890.880.890.980.970.870.89-0.620.980.90.670.641.00.960.540.960.320.910.980.9
0.970.560.950.780.980.950.740.880.980.940.860.76-0.621.00.780.530.60.980.890.470.890.340.820.970.81
0.690.560.740.760.670.550.780.470.670.680.460.85-0.40.590.830.780.760.660.670.360.680.290.680.680.65
0.990.950.740.910.960.850.880.90.960.960.890.91-0.610.960.910.670.650.990.980.540.980.310.90.950.89
0.910.780.760.910.870.720.990.720.880.890.730.96-0.520.830.970.810.640.870.90.580.880.210.920.870.91
0.980.980.670.960.870.960.840.811.00.970.790.85-0.60.980.870.650.680.980.890.470.890.320.891.00.87
0.890.950.550.850.720.960.690.680.950.890.650.7-0.570.940.740.510.650.910.740.350.750.340.770.960.75
0.880.740.780.880.990.840.690.670.850.850.680.95-0.520.790.960.810.630.830.870.630.840.180.870.840.86
0.890.880.470.90.720.810.680.670.810.841.00.71-0.570.890.680.460.410.90.940.570.940.280.740.80.74
0.980.980.670.960.881.00.950.850.810.970.790.85-0.60.980.880.660.680.980.90.470.890.320.891.00.88
0.970.940.680.960.890.970.890.850.840.970.820.9-0.580.960.880.750.670.970.920.430.910.390.920.970.91
0.870.860.460.890.730.790.650.681.00.790.820.71-0.570.870.680.460.390.880.940.610.940.260.720.780.72
0.890.760.850.910.960.850.70.950.710.850.90.71-0.520.80.960.870.710.850.890.540.870.290.870.850.86
-0.62-0.62-0.4-0.61-0.52-0.6-0.57-0.52-0.57-0.6-0.58-0.57-0.52-0.63-0.55-0.23-0.2-0.63-0.61-0.45-0.6-0.35-0.5-0.58-0.5
0.981.00.590.960.830.980.940.790.890.980.960.870.8-0.630.820.570.590.990.920.50.920.350.850.980.85
0.90.780.830.910.970.870.740.960.680.880.880.680.96-0.550.820.760.630.870.890.490.880.290.920.870.92
0.670.530.780.670.810.650.510.810.460.660.750.460.87-0.230.570.760.770.620.640.350.610.220.710.680.69
0.640.60.760.650.640.680.650.630.410.680.670.390.71-0.20.590.630.770.620.530.240.50.140.60.710.57
1.00.980.660.990.870.980.910.830.90.980.970.880.85-0.630.990.870.620.620.950.520.950.330.880.980.87
0.960.890.670.980.90.890.740.870.940.90.920.940.89-0.610.920.890.640.530.950.620.990.290.870.880.87
0.540.470.360.540.580.470.350.630.570.470.430.610.54-0.450.50.490.350.240.520.620.57-0.010.270.450.27
0.960.890.680.980.880.890.750.840.940.890.910.940.87-0.60.920.880.610.50.950.990.570.280.870.880.87
0.320.340.290.310.210.320.340.180.280.320.390.260.29-0.350.350.290.220.140.330.29-0.010.280.290.320.3
0.910.820.680.90.920.890.770.870.740.890.920.720.87-0.50.850.920.710.60.880.870.270.870.290.881.0
0.980.970.680.950.871.00.960.840.81.00.970.780.85-0.580.980.870.680.710.980.880.450.880.320.880.87
0.90.810.650.890.910.870.750.860.740.880.910.720.86-0.50.850.920.690.570.870.870.270.870.31.00.87
Click cells to compare fundamentals

T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1B30.8B28.5B28.3B29.7B31.2B
Short Long Term Debt Total11.5B15.5B12.5B12.7B12.5B13.2B
Other Current Liab883.7M1.1B4.4B4.2B5.0B5.2B
Total Current Liabilities7.2B10.8B10.5B10.3B10.5B11.0B
Total Stockholder Equity5.9B5.8B6.0B6.4B7.3B7.7B
Property Plant And Equipment Net14.4B14.0B14.1B14.9B16.0B16.8B
Net Debt8.2B5.0B6.3B7.3B6.9B7.3B
Retained Earnings5.4B5.0B5.5B5.8B6.7B7.0B
Cash3.2B10.5B6.2B5.5B5.6B5.9B
Non Current Assets Total15.3B15.1B15.2B15.9B17.1B17.9B
Non Currrent Assets Other773.5M949.2M796.5M769M1.0B1.1B
Cash And Short Term Investments3.2B10.5B6.2B5.5B5.6B5.9B
Net Receivables801.3M932.3M1.1B1.2B1.3B1.4B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.2B1.5B
Liabilities And Stockholders Equity24.1B30.8B28.5B28.3B29.7B31.2B
Non Current Liabilities Total11.0B14.2B12.0B11.7B12.0B12.6B
Inventory4.9B4.3B6.0B5.8B6.0B6.3B
Other Current Assets415.0M435.0M438.1M478M1.1B1.2B
Other Stockholder Equity(12K)260.5M8K6.4B7.3B7.7B
Total Liab18.2B25.0B22.5B22.0B22.4B23.6B
Total Current Assets8.9B15.7B13.3B12.5B12.7B13.3B
Short Term Debt1.4B2.4B1.6B2.1B1.6B1.7B
Accounts Payable2.7B4.8B4.5B3.8B3.9B4.1B
Intangible Assets133.4M125.4M123M120M108M108.0M
Common Stock Total Equity628.0M1.2B1.2B1.2B1.4B1.5B
Property Plant And Equipment Gross14.4B14.0B14.1B14.9B17.1B18.0B
Accumulated Other Comprehensive Income(673.2M)(606.1M)(687.2M)(606M)(545.4M)(518.1M)
Common Stock1.2B1.2B1.2B1.2B1.3B1.4B
Other Assets640.1M627.7M981.5M927M1.1B1.1B
Long Term Debt2.2B5.3B3.4B2.9B3.3B3.5B
Good Will95.5M99M96.7M97M95M179.9M
Property Plant Equipment5.3B14.0B14.1B14.9B17.1B18.0B
Other Liab993.3M1.1B1.1B1.0B1.2B862.0M
Current Deferred Revenue450.3M2.2B2.4B158M181.7M172.6M
Net Tangible Assets13.7B5.6B5.9B6.3B7.2B5.6B
Long Term Debt Total2.2B5.3B3.4B2.9B3.3B2.2B
Capital Lease Obligations9.2B9.4B9.2B9.4B10.8B11.3B

Currently Active Assets on Macroaxis

When determining whether TJX Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T.J. Maxx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Tjx Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Tjx Companies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for T.J. Stock analysis

When running T.J. Maxx's price analysis, check to measure T.J. Maxx'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 T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Is T.J. Maxx'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 T.J. Maxx. If investors know T.J. 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 T.J. Maxx 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
0.373
Dividend Share
1.33
Earnings Share
3.86
Revenue Per Share
46.779
Quarterly Revenue Growth
0.13
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx'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 T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx'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 T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if T.J. Maxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx'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.