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TJX (BSP:TJXC34) Equity-to-Asset : 0.25 (As of Oct. 2024)


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What is TJX Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TJX's Total Stockholders Equity for the quarter that ended in Oct. 2024 was R$45,996 Mil. TJX's Total Assets for the quarter that ended in Oct. 2024 was R$182,543 Mil. Therefore, TJX's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was 0.25.

The historical rank and industry rank for TJX's Equity-to-Asset or its related term are showing as below:

BSP:TJXC34' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.25   Max: 0.39
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of TJX was 0.39. The lowest was 0.18. And the median was 0.25.

BSP:TJXC34's Equity-to-Asset is ranked worse than
77.09% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs BSP:TJXC34: 0.25

TJX Equity-to-Asset Historical Data

The historical data trend for TJX's Equity-to-Asset 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 Equity-to-Asset Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.19 0.21 0.22 0.25

TJX Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Equity-to-Asset 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 0.23 0.25 0.25 0.26 0.25

Competitive Comparison of TJX's Equity-to-Asset

For the Apparel Retail subindustry, TJX's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TJX's Equity-to-Asset falls into.



TJX Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

TJX's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=35912.696/146301.695
=0.25

TJX's Equity to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Equity to Asset (Q: Oct. 2024 )=Total Stockholders Equity/Total Assets
=45996.009/182543.321
=0.25

* 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  (BSP:TJXC34) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


TJX Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of TJX's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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 5,000 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.

TJX Headlines

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