Analysis of Solvency Ratios
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Expedia Group Inc., solvency ratios
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Expedia Group Inc. debt to equity ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
| Debt to equity ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Expedia Group Inc. debt to equity ratio (including operating lease liability) deteriorated from 2019 to 2020 and from 2020 to 2021. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Expedia Group Inc. debt to capital ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
| Debt to capital ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Expedia Group Inc. debt to capital ratio (including operating lease liability) deteriorated from 2019 to 2020 and from 2020 to 2021. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Expedia Group Inc. debt to assets ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
| Debt to assets ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Expedia Group Inc. debt to assets ratio (including operating lease liability) deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Expedia Group Inc. financial leverage ratio increased from 2019 to 2020 and from 2020 to 2021. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Expedia Group Inc. interest coverage ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Expedia Group Inc. fixed charge coverage ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
Debt to Equity
Expedia Group Inc., debt to equity calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Total Expedia Group, Inc. stockholders’ equity | 2,057) | 2,532) | 3,967) | 4,104) | 4,522) | |
| Solvency Ratio | ||||||
| Debt to equity1 | 4.11 | 3.24 | 1.24 | 0.91 | 0.94 | |
| Benchmarks | ||||||
| Debt to Equity, Competitors2 | ||||||
| Amazon.com Inc. | 0.54 | 0.66 | 0.83 | — | — | |
| Home Depot Inc. | 11.29 | — | — | — | — | |
| Lowe’s Cos. Inc. | 15.16 | 9.79 | 4.45 | — | — | |
| TJX Cos. Inc. | 1.04 | 0.38 | 0.44 | — | — | |
| Debt to Equity, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.93 | 1.17 | 1.44 | — | — | |
| Debt to Equity, Industry | ||||||
| Consumer Discretionary | 1.56 | 2.26 | 2.44 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to equity = Total debt ÷ Total Expedia Group, Inc. stockholders’ equity
= 8,450 ÷ 2,057 = 4.11
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Expedia Group Inc. debt to equity ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Debt to Equity (including Operating Lease Liability)
Expedia Group Inc., debt to equity (including operating lease liability) calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Current operating lease liabilities (included within Accrued expenses and other current liabilities) | 77) | 126) | 119) | —) | —) | |
| Long-term operating lease liabilities | 360) | 513) | 532) | —) | —) | |
| Total debt (including operating lease liability) | 8,887) | 8,855) | 5,589) | 3,717) | 4,249) | |
| Total Expedia Group, Inc. stockholders’ equity | 2,057) | 2,532) | 3,967) | 4,104) | 4,522) | |
| Solvency Ratio | ||||||
| Debt to equity (including operating lease liability)1 | 4.32 | 3.50 | 1.41 | 0.91 | 0.94 | |
| Benchmarks | ||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | ||||||
| Amazon.com Inc. | 0.96 | 1.08 | 1.25 | — | — | |
| Home Depot Inc. | 13.16 | — | — | — | — | |
| Lowe’s Cos. Inc. | 18.24 | 12.04 | 4.45 | — | — | |
| TJX Cos. Inc. | 2.66 | 1.93 | 0.44 | — | — | |
| Debt to Equity (including Operating Lease Liability), Sector | ||||||
| Consumer Discretionary Distribution & Retail | 1.46 | 1.76 | 1.82 | — | — | |
| Debt to Equity (including Operating Lease Liability), Industry | ||||||
| Consumer Discretionary | 1.93 | 2.69 | 2.70 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Total Expedia Group, Inc. stockholders’ equity
= 8,887 ÷ 2,057 = 4.32
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Expedia Group Inc. debt to equity ratio (including operating lease liability) deteriorated from 2019 to 2020 and from 2020 to 2021. |
Debt to Capital
Expedia Group Inc., debt to capital calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Total Expedia Group, Inc. stockholders’ equity | 2,057) | 2,532) | 3,967) | 4,104) | 4,522) | |
| Total capital | 10,507) | 10,748) | 8,905) | 7,821) | 8,771) | |
| Solvency Ratio | ||||||
| Debt to capital1 | 0.80 | 0.76 | 0.55 | 0.48 | 0.48 | |
| Benchmarks | ||||||
| Debt to Capital, Competitors2 | ||||||
| Amazon.com Inc. | 0.35 | 0.40 | 0.45 | — | — | |
| Home Depot Inc. | 0.92 | 1.11 | 1.07 | — | — | |
| Lowe’s Cos. Inc. | 0.94 | 0.91 | 0.82 | — | — | |
| TJX Cos. Inc. | 0.51 | 0.27 | 0.31 | — | — | |
| Debt to Capital, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.48 | 0.54 | 0.59 | — | — | |
| Debt to Capital, Industry | ||||||
| Consumer Discretionary | 0.61 | 0.69 | 0.71 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to capital = Total debt ÷ Total capital
= 8,450 ÷ 10,507 = 0.80
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Expedia Group Inc. debt to capital ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Debt to Capital (including Operating Lease Liability)
Expedia Group Inc., debt to capital (including operating lease liability) calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Current operating lease liabilities (included within Accrued expenses and other current liabilities) | 77) | 126) | 119) | —) | —) | |
| Long-term operating lease liabilities | 360) | 513) | 532) | —) | —) | |
| Total debt (including operating lease liability) | 8,887) | 8,855) | 5,589) | 3,717) | 4,249) | |
| Total Expedia Group, Inc. stockholders’ equity | 2,057) | 2,532) | 3,967) | 4,104) | 4,522) | |
| Total capital (including operating lease liability) | 10,944) | 11,387) | 9,556) | 7,821) | 8,771) | |
| Solvency Ratio | ||||||
| Debt to capital (including operating lease liability)1 | 0.81 | 0.78 | 0.58 | 0.48 | 0.48 | |
| Benchmarks | ||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | ||||||
| Amazon.com Inc. | 0.49 | 0.52 | 0.56 | — | — | |
| Home Depot Inc. | 0.93 | 1.09 | 1.07 | — | — | |
| Lowe’s Cos. Inc. | 0.95 | 0.92 | 0.82 | — | — | |
| TJX Cos. Inc. | 0.73 | 0.66 | 0.31 | — | — | |
| Debt to Capital (including Operating Lease Liability), Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.59 | 0.64 | 0.65 | — | — | |
| Debt to Capital (including Operating Lease Liability), Industry | ||||||
| Consumer Discretionary | 0.66 | 0.73 | 0.73 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 8,887 ÷ 10,944 = 0.81
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Expedia Group Inc. debt to capital ratio (including operating lease liability) deteriorated from 2019 to 2020 and from 2020 to 2021. |
Debt to Assets
Expedia Group Inc., debt to assets calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Total assets | 21,548) | 18,690) | 21,416) | 18,033) | 18,516) | |
| Solvency Ratio | ||||||
| Debt to assets1 | 0.39 | 0.44 | 0.23 | 0.21 | 0.23 | |
| Benchmarks | ||||||
| Debt to Assets, Competitors2 | ||||||
| Amazon.com Inc. | 0.18 | 0.19 | 0.23 | — | — | |
| Home Depot Inc. | 0.53 | 0.61 | 0.66 | — | — | |
| Lowe’s Cos. Inc. | 0.47 | 0.49 | 0.47 | — | — | |
| TJX Cos. Inc. | 0.20 | 0.09 | 0.16 | — | — | |
| Debt to Assets, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.24 | 0.26 | 0.31 | — | — | |
| Debt to Assets, Industry | ||||||
| Consumer Discretionary | 0.37 | 0.42 | 0.44 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to assets = Total debt ÷ Total assets
= 8,450 ÷ 21,548 = 0.39
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Expedia Group Inc. debt to assets ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
Debt to Assets (including Operating Lease Liability)
Expedia Group Inc., debt to assets (including operating lease liability) calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current maturities of long-term debt | 735) | —) | 749) | —) | 500) | |
| Long-term debt, excluding current maturities | 7,715) | 8,216) | 4,189) | 3,717) | 3,749) | |
| Total debt | 8,450) | 8,216) | 4,938) | 3,717) | 4,249) | |
| Current operating lease liabilities (included within Accrued expenses and other current liabilities) | 77) | 126) | 119) | —) | —) | |
| Long-term operating lease liabilities | 360) | 513) | 532) | —) | —) | |
| Total debt (including operating lease liability) | 8,887) | 8,855) | 5,589) | 3,717) | 4,249) | |
| Total assets | 21,548) | 18,690) | 21,416) | 18,033) | 18,516) | |
| Solvency Ratio | ||||||
| Debt to assets (including operating lease liability)1 | 0.41 | 0.47 | 0.26 | 0.21 | 0.23 | |
| Benchmarks | ||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | ||||||
| Amazon.com Inc. | 0.31 | 0.31 | 0.34 | — | — | |
| Home Depot Inc. | 0.62 | 0.73 | 0.66 | — | — | |
| Lowe’s Cos. Inc. | 0.56 | 0.60 | 0.47 | — | — | |
| TJX Cos. Inc. | 0.50 | 0.47 | 0.16 | — | — | |
| Debt to Assets (including Operating Lease Liability), Sector | ||||||
| Consumer Discretionary Distribution & Retail | 0.38 | 0.40 | 0.39 | — | — | |
| Debt to Assets (including Operating Lease Liability), Industry | ||||||
| Consumer Discretionary | 0.45 | 0.50 | 0.48 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 8,887 ÷ 21,548 = 0.41
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Expedia Group Inc. debt to assets ratio (including operating lease liability) deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
Financial Leverage
Expedia Group Inc., financial leverage calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Total assets | 21,548) | 18,690) | 21,416) | 18,033) | 18,516) | |
| Total Expedia Group, Inc. stockholders’ equity | 2,057) | 2,532) | 3,967) | 4,104) | 4,522) | |
| Solvency Ratio | ||||||
| Financial leverage1 | 10.48 | 7.38 | 5.40 | 4.39 | 4.09 | |
| Benchmarks | ||||||
| Financial Leverage, Competitors2 | ||||||
| Amazon.com Inc. | 3.04 | 3.44 | 3.63 | — | — | |
| Home Depot Inc. | 21.39 | — | — | — | — | |
| Lowe’s Cos. Inc. | 32.52 | 20.02 | 9.47 | — | — | |
| TJX Cos. Inc. | 5.28 | 4.06 | 2.84 | — | — | |
| Financial Leverage, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 3.82 | 4.44 | 4.62 | — | — | |
| Financial Leverage, Industry | ||||||
| Consumer Discretionary | 4.25 | 5.41 | 5.56 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Financial leverage = Total assets ÷ Total Expedia Group, Inc. stockholders’ equity
= 21,548 ÷ 2,057 = 10.48
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Expedia Group Inc. financial leverage ratio increased from 2019 to 2020 and from 2020 to 2021. |
Interest Coverage
Expedia Group Inc., interest coverage calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to Expedia Group, Inc. | 12) | (2,612) | 565) | 406) | 378) | |
| Add: Net income attributable to noncontrolling interest | 3) | (116) | 7) | (8) | (7) | |
| Add: Income tax expense | (53) | (423) | 203) | 87) | 45) | |
| Add: Interest expense | 351) | 360) | 173) | 190) | 182) | |
| Earnings before interest and tax (EBIT) | 313) | (2,791) | 948) | 675) | 598) | |
| Solvency Ratio | ||||||
| Interest coverage1 | 0.89 | -7.75 | 5.48 | 3.55 | 3.29 | |
| Benchmarks | ||||||
| Interest Coverage, Competitors2 | ||||||
| Amazon.com Inc. | 22.09 | 15.69 | 9.73 | — | — | |
| Home Depot Inc. | 13.60 | 13.25 | 14.85 | — | — | |
| Lowe’s Cos. Inc. | 9.88 | 8.83 | 6.21 | — | — | |
| TJX Cos. Inc. | 1.46 | 75.57 | 65.36 | — | — | |
| Interest Coverage, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 15.91 | 14.50 | 11.71 | — | — | |
| Interest Coverage, Industry | ||||||
| Consumer Discretionary | 10.83 | 6.26 | 9.85 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Interest coverage = EBIT ÷ Interest expense
= 313 ÷ 351 = 0.89
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Expedia Group Inc. interest coverage ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
Fixed Charge Coverage
Expedia Group Inc., fixed charge coverage calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| U.S. federal statutory income tax rate | 21.00% | 21.00% | 21.00% | 21.00% | 35.00% | |
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to Expedia Group, Inc. | 12) | (2,612) | 565) | 406) | 378) | |
| Add: Net income attributable to noncontrolling interest | 3) | (116) | 7) | (8) | (7) | |
| Add: Income tax expense | (53) | (423) | 203) | 87) | 45) | |
| Add: Interest expense | 351) | 360) | 173) | 190) | 182) | |
| Earnings before interest and tax (EBIT) | 313) | (2,791) | 948) | 675) | 598) | |
| Add: Operating lease costs | 119) | 159) | 170) | 182) | 168) | |
| Earnings before fixed charges and tax | 432) | (2,632) | 1,118) | 857) | 766) | |
| Interest expense | 351) | 360) | 173) | 190) | 182) | |
| Operating lease costs | 119) | 159) | 170) | 182) | 168) | |
| Preferred stock dividend and loss on redemption of preferred stock | 281) | 75) | —) | —) | —) | |
| Preferred stock dividend and loss on redemption of preferred stock, tax adjustment1 | 75) | 20) | —) | —) | —) | |
| Preferred stock dividend and loss on redemption of preferred stock, after tax adjustment | 356) | 95) | —) | —) | —) | |
| Fixed charges | 826) | 614) | 343) | 372) | 350) | |
| Solvency Ratio | ||||||
| Fixed charge coverage2 | 0.52 | -4.29 | 3.26 | 2.30 | 2.19 | |
| Benchmarks | ||||||
| Fixed Charge Coverage, Competitors3 | ||||||
| Amazon.com Inc. | 5.24 | 4.63 | 3.65 | — | — | |
| Home Depot Inc. | 8.97 | 8.26 | 7.80 | — | — | |
| Lowe’s Cos. Inc. | 6.05 | 5.04 | 3.68 | — | — | |
| TJX Cos. Inc. | 1.04 | 3.43 | 3.39 | — | — | |
| Fixed Charge Coverage, Sector | ||||||
| Consumer Discretionary Distribution & Retail | 5.29 | 5.11 | 4.46 | — | — | |
| Fixed Charge Coverage, Industry | ||||||
| Consumer Discretionary | 5.01 | 3.19 | 4.32 | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Preferred stock dividend and loss on redemption of preferred stock, tax adjustment = (Preferred stock dividend and loss on redemption of preferred stock × U.S. federal statutory income tax rate) ÷ (1 − U.S. federal statutory income tax rate)
= (281 × 21.00%) ÷ (1 − 21.00%) = 75
2 2021 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= 432 ÷ 826 = 0.52
3 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Expedia Group Inc. fixed charge coverage ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |