T.J. Maxx Return On Equity vs. Total Debt
| TJX Stock | MXN 2,539 72.91 2.96% |
For T.J. Maxx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of T.J. Maxx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The TJX Companies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between T.J. Maxx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The TJX Companies over time as well as its relative position and ranking within its peers.
T.J. |
TJX Companies Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining T.J. Maxx's current stock value. Our valuation model uses many indicators to compare T.J. Maxx value to that of its competitors to determine the firm's financial worth. The TJX Companies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in total debt category among its peers making up about 5,974,710,597 of Total Debt per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value T.J. Maxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for T.J. Maxx's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.T.J. Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
T.J. Maxx |
| = | 0.56 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
T.J. Maxx |
| = | 3.35 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
T.J. Total Debt vs Competition
The TJX Companies is currently regarded number one company in total debt category among its peers. Total debt of Apparel Retail industry is at this time estimated at about 213.52 Billion. T.J. Maxx claims roughly 3.35 Billion in total debt contributing just under 2% to stocks in Apparel Retail industry.
T.J. Maxx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in T.J. Maxx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, T.J. Maxx will eventually generate negative long term returns. The profitability progress is the general direction of T.J. Maxx's change in net profit over the period of time. It can combine multiple indicators of T.J. Maxx, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. The company was founded in 1956 and is headquartered in Framingham, Massachusetts. T.J. Maxx operates under Apparel Retail classification in Mexico and is traded on Mexico Stock Exchange. It employs 320000 people.
T.J. Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on T.J. Maxx. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of T.J. Maxx position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the T.J. Maxx's important profitability drivers and their relationship over time.
Use T.J. Maxx in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if T.J. Maxx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in T.J. Maxx will appreciate offsetting losses from the drop in the long position's value.T.J. Maxx Pair Trading
The TJX Companies Pair Trading Analysis
The ability to find closely correlated positions to T.J. Maxx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace T.J. Maxx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back T.J. Maxx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The TJX Companies to buy it.
The correlation of T.J. Maxx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as T.J. Maxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TJX Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for T.J. Maxx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your T.J. Maxx position
In addition to having T.J. Maxx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Absolute Returns ETFs Thematic Idea Now
Absolute Returns ETFs
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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.