TJX Inventory vs Retained Earnings Analysis

0LCE Stock

125.98 1.43 1.12%

TJX Cos financial indicator trend analysis is much more than just breaking down TJX Cos prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Cos is a good investment. Please check the relationship between TJX Cos Inventory and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TJX Cos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Cos Inventory account and Retained Earnings. At this time, the significance of the direction appears to have totally related.

The correlation between TJX Cos' Inventory and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of TJX Cos, assuming nothing else is changed. The correlation between historical values of TJX Cos' Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of TJX Cos are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., TJX Cos' Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from TJX Cos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Cos 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in TJX Cos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about (1 M) in 2024. Selling General Administrative is likely to drop to about 9.9 B in 2024

	2014	2020	2023	2024 (projected)
Total Revenue	41.7B	54.2B	62.3B	65.5B
Depreciation And Amortization	867.3M	964M	1.1B	1.2B

Total Revenue Depreciation And Amortization

TJX Cos 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	Current Deferred Revenue	Good Will
Total Assets		0.97	0.97	0.98	0.98	0.98	0.88	0.98	0.9	0.99	0.88	0.87	0.96	-0.69	0.98	0.99	0.21	-0.4	1.0	0.95	0.64	0.95	0.79	0.61	0.01	-0.87
Short Long Term Debt Total	0.97		0.94	0.9	0.9	1.0	0.97	0.91	0.78	1.0	0.95	0.74	0.87	-0.75	1.0	0.94	0.42	-0.31	0.98	0.84	0.52	0.85	0.91	0.74	0.22	-0.95
Other Current Liab	0.97	0.94		0.94	0.95	0.95	0.85	0.95	0.87	0.95	0.8	0.84	0.93	-0.51	0.95	0.96	0.15	-0.33	0.97	0.91	0.49	0.91	0.76	0.46	0.08	-0.81
Total Current Liabilities	0.98	0.9	0.94		1.0	0.92	0.76	1.0	0.97	0.93	0.79	0.96	1.0	-0.63	0.91	0.99	0.0	-0.48	0.97	0.99	0.73	0.99	0.64	0.49	-0.19	-0.76
Total Stockholder Equity	0.98	0.9	0.95	1.0		0.92	0.76	1.0	0.97	0.93	0.76	0.95	0.99	-0.59	0.91	0.99	0.0	-0.41	0.97	0.99	0.69	0.99	0.63	0.46	-0.17	-0.75
Property Plant And Equipment Net	0.98	1.0	0.95	0.92	0.92		0.95	0.93	0.81	1.0	0.93	0.77	0.89	-0.73	1.0	0.95	0.38	-0.32	0.99	0.87	0.54	0.87	0.89	0.71	0.19	-0.94
Net Debt	0.88	0.97	0.85	0.76	0.76	0.95		0.77	0.59	0.95	0.95	0.54	0.72	-0.74	0.96	0.82	0.63	-0.18	0.9	0.68	0.34	0.68	0.98	0.81	0.45	-0.98
Retained Earnings	0.98	0.91	0.95	1.0	1.0	0.93	0.77		0.97	0.93	0.78	0.95	0.99	-0.6	0.91	1.0	0.02	-0.42	0.97	0.99	0.69	0.99	0.65	0.47	-0.16	-0.76
Cash	0.9	0.78	0.87	0.97	0.97	0.81	0.59	0.97		0.82	0.64	1.0	0.99	-0.52	0.79	0.94	-0.22	-0.54	0.88	0.99	0.8	0.99	0.45	0.32	-0.4	-0.6
Non Current Assets Total	0.99	1.0	0.95	0.93	0.93	1.0	0.95	0.93	0.82		0.93	0.78	0.9	-0.73	1.0	0.96	0.36	-0.33	0.99	0.88	0.55	0.88	0.88	0.7	0.17	-0.94
Non Currrent Assets Other	0.88	0.95	0.8	0.79	0.76	0.93	0.95	0.78	0.64	0.93		0.6	0.75	-0.89	0.94	0.82	0.57	-0.41	0.9	0.71	0.56	0.72	0.94	0.89	0.26	-0.99
Cash And Short Term Investments	0.87	0.74	0.84	0.96	0.95	0.77	0.54	0.95	1.0	0.78	0.6		0.97	-0.48	0.75	0.92	-0.28	-0.55	0.85	0.98	0.8	0.98	0.4	0.27	-0.46	-0.55
Net Receivables	0.96	0.87	0.93	1.0	0.99	0.89	0.72	0.99	0.99	0.9	0.75	0.97		-0.6	0.88	0.98	-0.06	-0.5	0.95	1.0	0.76	1.0	0.59	0.44	-0.26	-0.72
Common Stock Shares Outstanding	-0.69	-0.75	-0.51	-0.63	-0.59	-0.73	-0.74	-0.6	-0.52	-0.73	-0.89	-0.48	-0.6		-0.74	-0.64	-0.55	0.44	-0.71	-0.56	-0.68	-0.57	-0.75	-0.95	-0.06	0.85
Non Current Liabilities Total	0.98	1.0	0.95	0.91	0.91	1.0	0.96	0.91	0.79	1.0	0.94	0.75	0.88	-0.74		0.94	0.41	-0.31	0.98	0.85	0.52	0.85	0.9	0.73	0.21	-0.95
Inventory	0.99	0.94	0.96	0.99	0.99	0.95	0.82	1.0	0.94	0.96	0.82	0.92	0.98	-0.64	0.94		0.1	-0.4	0.99	0.98	0.67	0.98	0.71	0.53	-0.08	-0.81
Other Current Assets	0.21	0.42	0.15	0.0	0.0	0.38	0.63	0.02	-0.22	0.36	0.57	-0.28	-0.06	-0.55	0.41	0.1		0.27	0.25	-0.11	-0.23	-0.11	0.73	0.79	0.84	-0.63
Other Stockholder Equity	-0.4	-0.31	-0.33	-0.48	-0.41	-0.32	-0.18	-0.42	-0.54	-0.33	-0.41	-0.55	-0.5	0.44	-0.31	-0.4	0.27		-0.39	-0.49	-0.82	-0.49	-0.18	-0.23	0.57	0.32
Total Liab	1.0	0.98	0.97	0.97	0.97	0.99	0.9	0.97	0.88	0.99	0.9	0.85	0.95	-0.71	0.98	0.99	0.25	-0.39		0.93	0.62	0.93	0.81	0.64	0.05	-0.89
Total Current Assets	0.95	0.84	0.91	0.99	0.99	0.87	0.68	0.99	0.99	0.88	0.71	0.98	1.0	-0.56	0.85	0.98	-0.11	-0.49	0.93		0.75	1.0	0.55	0.39	-0.29	-0.68
Short Term Debt	0.64	0.52	0.49	0.73	0.69	0.54	0.34	0.69	0.8	0.55	0.56	0.8	0.76	-0.68	0.52	0.67	-0.23	-0.82	0.62	0.75		0.76	0.26	0.41	-0.65	-0.47
Accounts Payable	0.95	0.85	0.91	0.99	0.99	0.87	0.68	0.99	0.99	0.88	0.72	0.98	1.0	-0.57	0.85	0.98	-0.11	-0.49	0.93	1.0	0.76		0.55	0.4	-0.29	-0.68
Intangible Assets	0.79	0.91	0.76	0.64	0.63	0.89	0.98	0.65	0.45	0.88	0.94	0.4	0.59	-0.75	0.9	0.71	0.73	-0.18	0.81	0.55	0.26	0.55		0.85	0.55	-0.97
Common Stock	0.61	0.74	0.46	0.49	0.46	0.71	0.81	0.47	0.32	0.7	0.89	0.27	0.44	-0.95	0.73	0.53	0.79	-0.23	0.64	0.39	0.41	0.4	0.85		0.38	-0.89
Current Deferred Revenue	0.01	0.22	0.08	-0.19	-0.17	0.19	0.45	-0.16	-0.4	0.17	0.26	-0.46	-0.26	-0.06	0.21	-0.08	0.84	0.57	0.05	-0.29	-0.65	-0.29	0.55	0.38		-0.36
Good Will	-0.87	-0.95	-0.81	-0.76	-0.75	-0.94	-0.98	-0.76	-0.6	-0.94	-0.99	-0.55	-0.72	0.85	-0.95	-0.81	-0.63	0.32	-0.89	-0.68	-0.47	-0.68	-0.97	-0.89	-0.36

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TJX Cos Account Relationship Matchups

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TJX Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

TJX Cos fundamental ratios Correlations

TJX Cos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for TJX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Current Liabilities

Good Will	- 0.99	Non Currrent Assets Other
Good Will	- 0.98	Net Debt
Good Will	- 0.97	Intangible Assets
Good Will	- 0.95	Non Current Liabilities Total
Common Stock	- 0.95	Common Stock Shares Outstanding
Good Will	- 0.95	Short Long Term Debt Total