Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TJX's interest expense for the
three
months ended in Jan. 2024 was $ -19 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-79 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. TJX's Operating Income for the
three
months ended in Jan. 2024 was $ 1,789 Mil. TJX's Interest Expense for the
three
months ended in Jan. 2024 was $ -19 Mil.
TJX's Interest Coverage for the quarter that ended in Jan. 2024 was 94.16.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
TJX Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-79 Mil.
* 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.
TJX (NYSE:TJX) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
TJX's Interest Expense for the
three
months ended in Jan. 2024 was $-19 Mil. Its
Operating Income
for the
three
months ended in Jan. 2024 was $1,789 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2024 was $10,922 Mil.
TJX's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
TJX (TJX) Business Description
Traded in Other Exchanges
Address
770 Cochituate Road, Framingham, MA, USA, 01701
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 |
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