T.J. Price to Sales Ratio vs Total Assets Analysis

TJX Stock

USD 92.66 0.47 0.50%

T.J. Maxx financial indicator trend analysis is much more than just breaking down TJX Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Companies is a good investment. Please check the relationship between T.J. Maxx Price To Sales Ratio and its Total Assets accounts. 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.

Price To Sales Ratio vs Total Assets

Price to Sales Ratio vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Companies Price to Sales Ratio account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between T.J. Maxx's Price to Sales Ratio and Total Assets is 0.75. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Total Assets in the same time period over historical financial statements of The TJX Companies, assuming nothing else is changed. The correlation between historical values of T.J. Maxx's Price to Sales Ratio and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of The TJX Companies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Price to Sales Ratio i.e., T.J. Maxx's Price to Sales Ratio and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing TJX Companies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on T.J. Maxx sales, a figure that is much harder to manipulate than other The TJX Companies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

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.

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 is likely to rise to about 13.7 B in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	48.5B	49.9B	54.2B	56.9B
Depreciation And Amortization	868M	887M	964M	1.0B

Total Revenue Depreciation And Amortization

T.J. Maxx fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.97	0.68	0.99	0.91	0.98	0.89	0.88	0.89	0.98	0.97	0.87	0.54	-0.63	0.98	0.9	0.57	0.64	1.0	0.96	0.54	0.96	0.32	0.91	0.98	0.72
Short Long Term Debt Total	0.97		0.55	0.95	0.78	0.98	0.95	0.74	0.88	0.98	0.94	0.86	0.44	-0.63	1.0	0.78	0.38	0.6	0.98	0.89	0.47	0.89	0.34	0.82	0.97	0.66
Other Current Liab	0.68	0.55		0.73	0.74	0.65	0.54	0.77	0.46	0.65	0.66	0.46	0.4	-0.44	0.58	0.83	0.61	0.72	0.65	0.67	0.37	0.68	0.3	0.66	0.66	0.4
Total Current Liabilities	0.99	0.95	0.73		0.91	0.96	0.85	0.88	0.9	0.96	0.96	0.89	0.56	-0.62	0.96	0.91	0.59	0.65	0.99	0.98	0.54	0.98	0.31	0.9	0.95	0.72
Total Stockholder Equity	0.91	0.78	0.74	0.91		0.87	0.72	0.99	0.72	0.88	0.89	0.73	0.57	-0.52	0.83	0.97	0.79	0.64	0.87	0.9	0.58	0.88	0.21	0.92	0.87	0.71
Property Plant And Equipment Net	0.98	0.98	0.65	0.96	0.87		0.96	0.84	0.81	1.0	0.97	0.79	0.45	-0.61	0.98	0.87	0.49	0.68	0.98	0.89	0.47	0.89	0.32	0.89	1.0	0.68
Net Debt	0.89	0.95	0.54	0.85	0.72	0.96		0.69	0.68	0.95	0.89	0.65	0.33	-0.59	0.94	0.74	0.29	0.65	0.91	0.74	0.35	0.75	0.34	0.77	0.96	0.57
Retained Earnings	0.88	0.74	0.77	0.88	0.99	0.84	0.69		0.67	0.85	0.85	0.68	0.56	-0.53	0.79	0.96	0.79	0.63	0.83	0.87	0.63	0.84	0.18	0.87	0.84	0.65
Cash	0.89	0.88	0.46	0.9	0.72	0.81	0.68	0.67		0.81	0.84	1.0	0.53	-0.57	0.89	0.68	0.45	0.41	0.9	0.94	0.57	0.94	0.28	0.74	0.8	0.66
Non Current Assets Total	0.98	0.98	0.65	0.96	0.88	1.0	0.95	0.85	0.81		0.97	0.79	0.45	-0.61	0.98	0.88	0.49	0.68	0.98	0.9	0.47	0.89	0.32	0.89	1.0	0.68
Non Currrent Assets Other	0.97	0.94	0.66	0.96	0.89	0.97	0.89	0.85	0.84	0.97		0.82	0.44	-0.58	0.96	0.88	0.6	0.67	0.97	0.92	0.43	0.91	0.39	0.92	0.97	0.69
Cash And Short Term Investments	0.87	0.86	0.46	0.89	0.73	0.79	0.65	0.68	1.0	0.79	0.82		0.54	-0.57	0.87	0.68	0.47	0.39	0.88	0.94	0.61	0.94	0.26	0.72	0.78	0.64
Net Receivables	0.54	0.44	0.4	0.56	0.57	0.45	0.33	0.56	0.53	0.45	0.44	0.54		-0.68	0.48	0.63	0.68	-0.01	0.52	0.64	0.53	0.64	0.26	0.5	0.4	0.76
Common Stock Shares Outstanding	-0.63	-0.63	-0.44	-0.62	-0.52	-0.61	-0.59	-0.53	-0.57	-0.61	-0.58	-0.57	-0.68		-0.64	-0.56	-0.38	-0.23	-0.64	-0.61	-0.45	-0.61	-0.36	-0.5	-0.59	-0.69
Non Current Liabilities Total	0.98	1.0	0.58	0.96	0.83	0.98	0.94	0.79	0.89	0.98	0.96	0.87	0.48	-0.64		0.82	0.45	0.59	0.99	0.92	0.5	0.92	0.35	0.85	0.98	0.69
Inventory	0.9	0.78	0.83	0.91	0.97	0.87	0.74	0.96	0.68	0.88	0.88	0.68	0.63	-0.56	0.82		0.77	0.63	0.87	0.89	0.49	0.88	0.29	0.92	0.87	0.74
Other Current Assets	0.57	0.38	0.61	0.59	0.79	0.49	0.29	0.79	0.45	0.49	0.6	0.47	0.68	-0.38	0.45	0.77		0.34	0.51	0.66	0.51	0.63	0.31	0.63	0.48	0.54
Other Stockholder Equity	0.64	0.6	0.72	0.65	0.64	0.68	0.65	0.63	0.41	0.68	0.67	0.39	-0.01	-0.23	0.59	0.63	0.34		0.62	0.53	0.24	0.5	0.14	0.6	0.71	0.2
Total Liab	1.0	0.98	0.65	0.99	0.87	0.98	0.91	0.83	0.9	0.98	0.97	0.88	0.52	-0.64	0.99	0.87	0.51	0.62		0.95	0.52	0.95	0.33	0.88	0.98	0.71
Total Current Assets	0.96	0.89	0.67	0.98	0.9	0.89	0.74	0.87	0.94	0.9	0.92	0.94	0.64	-0.61	0.92	0.89	0.66	0.53	0.95		0.62	0.99	0.29	0.87	0.88	0.74
Short Term Debt	0.54	0.47	0.37	0.54	0.58	0.47	0.35	0.63	0.57	0.47	0.43	0.61	0.53	-0.45	0.5	0.49	0.51	0.24	0.52	0.62		0.57	-0.01	0.27	0.45	0.23
Accounts Payable	0.96	0.89	0.68	0.98	0.88	0.89	0.75	0.84	0.94	0.89	0.91	0.94	0.64	-0.61	0.92	0.88	0.63	0.5	0.95	0.99	0.57		0.28	0.87	0.88	0.75
Intangible Assets	0.32	0.34	0.3	0.31	0.21	0.32	0.34	0.18	0.28	0.32	0.39	0.26	0.26	-0.36	0.35	0.29	0.31	0.14	0.33	0.29	-0.01	0.28		0.29	0.32	0.29
Common Stock Total Equity	0.91	0.82	0.66	0.9	0.92	0.89	0.77	0.87	0.74	0.89	0.92	0.72	0.5	-0.5	0.85	0.92	0.63	0.6	0.88	0.87	0.27	0.87	0.29		0.88	0.82
Property Plant And Equipment Gross	0.98	0.97	0.66	0.95	0.87	1.0	0.96	0.84	0.8	1.0	0.97	0.78	0.4	-0.59	0.98	0.87	0.48	0.71	0.98	0.88	0.45	0.88	0.32	0.88		0.65
Common Stock	0.72	0.66	0.4	0.72	0.71	0.68	0.57	0.65	0.66	0.68	0.69	0.64	0.76	-0.69	0.69	0.74	0.54	0.2	0.71	0.74	0.23	0.75	0.29	0.82	0.65

Click cells to compare fundamentals

T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.1B	30.8B	28.5B	28.3B	29.7B	31.2B
Short Long Term Debt Total	11.5B	15.5B	12.5B	12.7B	12.5B	13.2B
Other Current Liab	883.7M	1.1B	4.4B	4.2B	4.5B	4.7B
Total Current Liabilities	7.2B	10.8B	10.5B	10.3B	10.5B	11.0B
Total Stockholder Equity	5.9B	5.8B	6.0B	6.4B	7.3B	7.7B
Property Plant And Equipment Net	14.4B	14.0B	14.1B	14.9B	16.0B	16.8B
Net Debt	8.2B	5.0B	6.3B	7.3B	6.9B	7.3B
Retained Earnings	5.4B	5.0B	5.5B	5.8B	6.7B	7.0B
Cash	3.2B	10.5B	6.2B	5.5B	5.6B	5.9B
Non Current Assets Total	15.3B	15.1B	15.2B	15.9B	17.1B	17.9B
Non Currrent Assets Other	773.5M	949.2M	796.5M	769M	1.0B	1.1B
Cash And Short Term Investments	3.2B	10.5B	6.2B	5.5B	5.6B	5.9B
Net Receivables	801.3M	932.3M	1.1B	1.2B	588M	360.3M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.5B
Liabilities And Stockholders Equity	24.1B	30.8B	28.5B	28.3B	29.7B	31.2B
Non Current Liabilities Total	11.0B	14.2B	12.0B	11.7B	12.0B	12.6B
Inventory	4.9B	4.3B	6.0B	5.8B	6.0B	6.3B
Other Current Assets	415.0M	435.0M	438.1M	478M	511M	536.6M
Other Stockholder Equity	(12K)	260.5M	8K	6.4B	7.3B	7.7B
Total Liab	18.2B	25.0B	22.5B	22.0B	22.4B	23.6B
Total Current Assets	8.9B	15.7B	13.3B	12.5B	12.7B	13.3B
Short Term Debt	1.4B	2.4B	1.6B	2.1B	1.6B	1.7B
Accounts Payable	2.7B	4.8B	4.5B	3.8B	3.9B	4.1B
Intangible Assets	133.4M	125.4M	123M	120M	108M	108.0M
Common Stock Total Equity	628.0M	1.2B	1.2B	1.2B	1.4B	1.5B
Property Plant And Equipment Gross	14.4B	14.0B	14.1B	14.9B	17.1B	18.0B
Accumulated Other Comprehensive Income	(673.2M)	(606.1M)	(687.2M)	(606M)	(532M)	(505.4M)
Common Stock	1.2B	1.2B	1.2B	1.2B	1.1B	633.2M
Other Assets	640.1M	627.7M	981.5M	927M	1.1B	1.1B
Long Term Debt	2.2B	5.3B	3.4B	2.9B	3.3B	3.5B
Good Will	95.5M	99M	96.7M	97M	95M	179.9M
Property Plant Equipment	5.3B	14.0B	14.1B	14.9B	17.1B	18.0B
Other Liab	993.3M	1.1B	1.1B	1.0B	1.2B	862.0M
Current Deferred Revenue	450.3M	2.2B	2.4B	158M	482M	513.1M
Net Tangible Assets	13.7B	5.6B	5.9B	6.3B	7.2B	5.6B
Long Term Debt Total	2.2B	5.3B	3.4B	2.9B	3.3B	2.2B
Capital Lease Obligations	9.2B	9.4B	9.2B	9.4B	10.8B	11.3B

T.J. Maxx Investors Sentiment

The influence of T.J. Maxx's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in T.J.. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to T.J. Maxx's public news can be used to forecast risks associated with an investment in T.J.. The trend in average sentiment can be used to explain how an investor holding T.J. can time the market purely based on public headlines and social activities around The TJX Companies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

T.J. Maxx's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for T.J. Maxx's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average T.J. Maxx's news discussions. The higher the estimated score, the more favorable is the investor's outlook on T.J. Maxx.

T.J. Maxx Implied Volatility

132.59

T.J. Maxx's implied volatility exposes the market's sentiment of The TJX Companies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if T.J. Maxx's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that T.J. Maxx stock will not fluctuate a lot when T.J. Maxx's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards T.J. Maxx in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, T.J. Maxx's short interest history, or implied volatility extrapolated from T.J. Maxx options trading.

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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:

How To Invest In T.J.

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Is T.J. Stock a good investment?

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What is T.J. Maxx's Net Worth?

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.

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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

0.368

Dividend Share

1.33

Earnings Share

3.86

Revenue Per Share

47.31

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.

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T.J. Price to Sales Ratio vs Total Assets Analysis

Price To Sales Ratio vs Total Assets

Price to Sales Ratio vs Total Assets Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Total Assets

T.J. Maxx fundamental ratios Correlations

T.J. Maxx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

T.J. Maxx fundamental ratios Accounts

T.J. Maxx Investors Sentiment

T.J. Maxx Implied Volatility

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Common Stock	- 0.69	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.68	Net Receivables
Total Liab	- 0.64	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.64	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.63	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.63	Total Assets