TJX Net Debt vs Other Stockholder Equity 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 Net Debt and its Other Stockholder Equity 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.

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Cos Net Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between TJX Cos' Net Debt and Other Stockholder Equity is -0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity 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' Net Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of TJX Cos are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., TJX Cos' Net Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Stockholder Equity

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

Click cells to compare fundamentals

TJX Cos Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for TJX Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

TJX Net Debt vs Other Stockholder Equity Analysis

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Other Stockholder Equity

TJX Cos fundamental ratios Correlations

TJX Cos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

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