TJX Companies Balance Sheet Health
Financial Health criteria checks 6/6
TJX Companies has a total shareholder equity of $8.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are $32.9B and $24.0B respectively. TJX Companies's EBIT is $6.5B making its interest coverage ratio -45.6. It has cash and short-term investments of $4.6B.
Key information
32.34%
Debt to equity ratio
US$2.87b
Debt
| Interest coverage ratio | -45.6x |
| Cash | US$4.64b |
| Equity | US$8.87b |
| Total liabilities | US$24.02b |
| Total assets | US$32.89b |
Recent financial health updates
TJX Companies (NYSE:TJX) Seems To Use Debt Quite Sensibly
Feb 04
We Think TJX Companies (NYSE:TJX) Can Stay On Top Of Its Debt
Nov 04Recent updates
TJX Companies: Business Fundamentally Sound, With Good Drivers Backing (Rating Upgrade)
Sep 25The TJX Companies, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 22TJX Companies (NYSE:TJX) Could Become A Multi-Bagger
Jul 31When Should You Buy The TJX Companies, Inc. (NYSE:TJX)?
Jul 16Earnings Not Telling The Story For The TJX Companies, Inc. (NYSE:TJX)
Jun 27TJX Companies (NYSE:TJX) Is Increasing Its Dividend To $0.425
May 07TJX Companies (NYSE:TJX) Is Increasing Its Dividend To $0.425
Apr 09HomeGoods And Sierra Expansion Will Shape Future Markets
Global expansion into high-potential markets like Canada, Europe, and new regions is set to drive significant sales growth and increased market share.The TJX Companies: Priced For Perfection (Rating Downgrade)
Mar 27Subdued Growth No Barrier To The TJX Companies, Inc.'s (NYSE:TJX) Price
Mar 21TJX Companies (NYSE:TJX) Might Become A Compounding Machine
Feb 16TJX Companies (NYSE:TJX) Seems To Use Debt Quite Sensibly
Feb 04The TJX Companies: Capital Efficiency And Defensive Earnings Come At A Price
Feb 03Estimating The Fair Value Of The TJX Companies, Inc. (NYSE:TJX)
Jan 23Is Now An Opportune Moment To Examine The TJX Companies, Inc. (NYSE:TJX)?
Dec 30Some Confidence Is Lacking In The TJX Companies, Inc.'s (NYSE:TJX) P/E
Dec 18The TJX Companies: I Am Waiting For TJX To Accelerate Its Growth
Nov 26Analysts Have Made A Financial Statement On The TJX Companies, Inc.'s (NYSE:TJX) Third-Quarter Report
Nov 22Should You Be Adding TJX Companies (NYSE:TJX) To Your Watchlist Today?
Nov 21TJX Earnings Preview: Q3 Macro Trends Point To A Strong Quarter
Nov 10We Think TJX Companies (NYSE:TJX) Can Stay On Top Of Its Debt
Nov 04Here's What TJX Companies' (NYSE:TJX) Strong Returns On Capital Mean
Oct 23The TJX Companies: Rating Downgrade As Near-Term Upside Is Limited
Sep 24
Expanding Global Footprint And Enhancing Customer Value Proposition Fuels Revenue Growth
Strategic expansion and global partnerships signal significant potential for brand growth and increased market presence in new territories.High Quality Dividend Stock Universe: TJX Companies Is A Great Business But Fully Valued
Sep 13The TJX Companies: 5,000 Stores Strong And Dominating
Aug 21The TJX Companies: Reality Check On The Treasure Hunt Deals
Jul 10The TJX Companies Continues To Benefit From This Inflationary Environment
May 28Financial Position Analysis
Short Term Liabilities: TJX's short term assets ($13.3B) exceed its short term liabilities ($11.3B).
Long Term Liabilities: TJX's short term assets ($13.3B) exceed its long term liabilities ($12.7B).
Debt to Equity History and Analysis
Debt Level: TJX has more cash than its total debt.
Reducing Debt: TJX's debt to equity ratio has reduced from 132.6% to 32.3% over the past 5 years.
Debt Coverage: TJX's debt is well covered by operating cash flow (207%).
Interest Coverage: TJX earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 03:38 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/08/02 |
| Annual Earnings | 2025/02/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The TJX Companies, Inc. is covered by 59 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Daniela Nedialkova | Atlantic Equities LLP |
| Mark Montagna | Avondale Partners |