TJX (TJX) Cash, Cash Equivalents, Marketable Securities

: $5,600 Mil (As of Jan. 2024)

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TJX's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 ($4,550.00 Mil) to Oct. 2023 ($4,290.00 Mil) but then increased from Oct. 2023 ($4,290.00 Mil) to Jan. 2024 ($5,600.00 Mil).

TJX's annual cash, cash equivalents, marketable securities declined from Jan. 2022 ($6,227.00 Mil) to Jan. 2023 ($5,477.00 Mil) but then increased from Jan. 2023 ($5,477.00 Mil) to Jan. 2024 ($5,600.00 Mil).

TJX Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TJX's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TJX Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

3,216.75

10,469.57

6,227.00

5,477.00

5,600.00

TJX Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities																5,477.00	5,025.00	4,550.00	4,290.00	5,600.00

TJX Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

TJX (NYSE:TJX) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

TJX Cash, Cash Equivalents, Marketable Securities Related Terms

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TJX (TJX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TJX Companies Inc (NYSE:TJX) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

TJX:Mexico 1TJX:Italy TJXd:UK TJX:Germany TJX:Germany TJX:Germany TJXC34:Brazil

Address

770 Cochituate Road, Framingham, MA, USA, 01701

Website

https://www.tjx.com

TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

Executives

Ernie Herrman	officer: SEVP, President, Marmaxx	770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Wagner Charles F Jr	director	C/O MILLIPORE CORP, BILLERICA MA 01820
Carol Meyrowitz	officer: President -- Marmaxx Group	TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Kenneth Canestrari	officer: SEVP - Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Scott Goldenberg	officer: EVP, CFO	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
John Klinger	officer: EVP, CFO	C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Louise Greenlees	officer: SEVP - Group President	C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Amy B Lane	director	1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Richard Sherr	officer: SEVP, Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
C Kim Goodwin	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Zein Abdalla	director	700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577
Michael F Hines	director
Rosemary T Berkery	director	MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038
David T Ching	director	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Douglas W. Mizzi	officer: SEVP - Group President	THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701