TJX (WBO:TJXC) Equity-to-Asset

: 0.25 (As of Jan. 2024)

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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 Jan. 2024 was €6,703 Mil. TJX's Total Assets for the quarter that ended in Jan. 2024 was €27,308 Mil. Therefore, TJX's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.25.

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

WBO:TJXC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.3 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 0.19. And the median was 0.30.

WBO:TJXC's Equity-to-Asset is ranked worse than
78.32% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs WBO:TJXC: 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 Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

0.25

0.19

0.21

0.22

0.25

TJX Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset																0.22	0.22	0.23	0.23	0.25

Competitive Comparison

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 Equity-to-Asset Distribution

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
	=	6703.236	/	27307.746
	=	0.25

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

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	6703.236	/	27307.746
	=	0.25

TJX (WBO:TJXC) 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 (WBO:TJXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TJX Companies Inc (WBO:TJXC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TJX:USA TJX:Mexico 1TJX:Italy TJXd:UK 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.

TJX (WBO:TJXC) Headlines

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