Stock Analysis on Net

TJX Cos. Inc. (NYSE:TJX)

$17.99

This company has been moved to the archive! The financial data has not been updated since May 27, 2022.

Analysis of Debt

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Total Debt (Carrying Amount)

TJX Cos. Inc., balance sheet: debt

US$ in thousands

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Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Current portion of long-term debt
Long-term debt, excluding current portion
Total long-term debt, inclusive of current installments (carrying amount)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

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. total debt increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.

Total Debt (Fair Value)

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Jan 29, 2022
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 (reporting date: 2022-01-29).


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 (reporting date: 2022-01-29).

1 US$ in thousands

2 Weighted-average interest rate = 100 × ÷ =


Interest Costs Incurred

TJX Cos. Inc., interest costs incurred

US$ in thousands

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12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Interest expense, excluding capitalized interest
Capitalized interest
Interest expense

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

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. interest expense, excluding capitalized interest increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Capitalized interest Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. TJX Cos. Inc. capitalized interest increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Interest expense Total interest costs incurred during the period and either capitalized or charged against earnings. TJX Cos. Inc. interest expense increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.

Adjusted Interest Coverage Ratio

Microsoft Excel
Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
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 (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

2022 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. adjusted interest coverage ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.