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TJX (TJX) Scaled Net Operating Assets : 0.47 (As of Jan. 2024)


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What is TJX Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TJX's operating assets for the quarter that ended in Jan. 2024 was $24,147 Mil. TJX's operating liabilities for the quarter that ended in Jan. 2024 was $9,903 Mil. TJX's Total Assets for the quarter that ended in Oct. 2023 was $30,351 Mil. Therefore, TJX's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.47.


TJX Scaled Net Operating Assets Historical Data

The historical data trend for TJX's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.45 0.40 0.48 0.50

TJX Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.50 0.51 0.52 0.47

Competitive Comparison of TJX's Scaled Net Operating Assets

For the Apparel Retail subindustry, TJX's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TJX's Scaled Net Operating Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TJX's Scaled Net Operating Assets falls into.



TJX Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TJX's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(24147-9903)/28349
=0.50

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29747 - 5600
=24147

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22445 - 10922 - 1620
=9903

TJX's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(24147-9903)/30351
=0.47

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29747 - 5600
=24147

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22445 - 10922 - 1620
=9903

* 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 Scaled Net Operating Assets Related Terms

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TJX (TJX) Business Description

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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