Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

TJX Cos. Inc. (NYSE:TJX)

Paying users zone. Data is hidden behind: .

  • Get 1-month access to TJX Cos. Inc. for $15.99, or

  • get full access to the entire website for at least 3 months from $49.99.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Verified by Visa MasterCard SecureCode American Express SafeKey

This is a one-time payment. There is no automatic renewal.

Analysis of Debt

Advanced level

Total Debt (Carrying Amount)

TJX Cos. Inc., balance sheet: debt

US$ in thousands

Microsoft Excel LibreOffice Calc
Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017 Jan 30, 2016
Current portion of long-term debt
Long-term debt, exclusive of current installments
Total long-term debt, inclusive of current installments (carrying amount)

Based on: 10-K (filing date: 2021-03-31), 10-K (filing date: 2020-03-27), 10-K (filing date: 2019-04-03), 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29).

Debt item Description The company
Total long-term debt, inclusive of current installments (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. TJX Cos. Inc.’s total debt increased from 2019 to 2020 and from 2020 to 2021.

Total Debt (Fair Value)

Microsoft Excel LibreOffice Calc
Jan 30, 2021
Selected Financial Data (US$ in thousands)
Current maturities of long-term debt
Long-term debt, exclusive of current installments
Total long-term debt, inclusive of current installments (fair value)
Financial Ratio
Debt, fair value to carrying amount ratio

Based on: 10-K (filing date: 2021-03-31).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt:

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
Total

Based on: 10-K (filing date: 2021-03-31).

1 US$ in thousands

2 Weighted-average interest rate = 100 × ÷ =


Interest Costs Incurred

TJX Cos. Inc., interest costs incurred

US$ in thousands

Microsoft Excel LibreOffice Calc
12 months ended: Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017 Jan 30, 2016
Interest expense, excluding capitalized interest
Capitalized interest
Interest expense

Based on: 10-K (filing date: 2021-03-31), 10-K (filing date: 2020-03-27), 10-K (filing date: 2019-04-03), 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29).

Debt item Description The company
Interest expense, excluding capitalized interest Amount of the cost of borrowed funds accounted for as interest expense for debt. TJX Cos. Inc.’s interest expense, excluding capitalized interest decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Capitalized interest Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. TJX Cos. Inc.’s capitalized interest decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Interest expense Total interest costs incurred during the period and either capitalized or charged against earnings. TJX Cos. Inc.’s interest expense decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.

Adjusted Interest Coverage Ratio

Microsoft Excel LibreOffice Calc
Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017 Jan 30, 2016
Selected Financial Data (US$ in thousands)
Net income
Add: Income tax expense
Add: Interest expense, excluding capitalized interest
Earnings before interest and tax (EBIT)
 
Interest expense
Financial Ratio With and Without Capitalized Interest
Interest coverage ratio (without capitalized interest)1
Adjusted interest coverage ratio (with capitalized interest)2

Based on: 10-K (filing date: 2021-03-31), 10-K (filing date: 2020-03-27), 10-K (filing date: 2019-04-03), 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29).

2021 Calculations

1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense, excluding capitalized interest
= ÷ =

2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest expense
= ÷ =


Solvency ratio Description The company
Adjusted interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). TJX Cos. Inc.’s adjusted interest coverage ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.