T.J. Net Debt To E B I T D A from 2010 to 2024

TJX Stock  USD 124.79  3.32  2.73%   
T.J. Maxx Net Debt To EBITDA yearly trend continues to be fairly stable with very little volatility. Net Debt To EBITDA will likely drop to -0.21 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
1.02661934
Current Value
(0.21)
Quarterly Volatility
0.79662464
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Total Revenue of 56.9 B or Gross Profit of 17.1 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0103 or PTB Ratio of 10.59. T.J. financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules.
  
Check out the analysis of T.J. Maxx Correlation against competitors.

Latest T.J. Maxx's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of The TJX Companies over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). T.J. Maxx's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T.J. Maxx's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

T.J. Net Debt To E B I T D A Regression Statistics

Arithmetic Mean0.82
Coefficient Of Variation96.62
Mean Deviation0.70
Median1.03
Standard Deviation0.80
Sample Variance0.63
Range1.7855
R-Value0.35
Mean Square Error0.60
R-Squared0.12
Significance0.21
Slope0.06
Total Sum of Squares8.88

T.J. Net Debt To E B I T D A History

2024 -0.21
2020 1.03
2014 1.56

About T.J. Maxx Financial Statements

T.J. Maxx investors use historical fundamental indicators, such as T.J. Maxx's Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt To EBITDA 1.03 (0.21)

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Additional 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.