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

TJX Cos. Inc. (NYSE:TJX)

Balance Sheet: Assets

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

TJX Cos. Inc., consolidated balance sheet: assets

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
Cash and cash equivalents 10,469,570  3,216,752  3,030,229  2,758,477  2,929,849  2,095,473 
Short-term investments —  —  —  506,165  543,242  352,313 
Accounts receivable, net 461,139  386,261  346,298  327,166  258,831  238,072 
Merchandise inventories 4,337,389  4,872,592  4,579,033  4,187,243  3,644,959  3,695,113 
Prepaid expenses and other current assets 434,977  368,048  513,662  706,676  373,893  391,589 
Federal, state and foreign income taxes recoverable 36,262  46,969  —  —  —  — 
Current assets 15,739,337  8,890,622  8,469,222  8,485,727  7,750,774  6,772,560 
Net property at cost 5,036,096  5,325,048  5,255,208  5,006,053  4,532,894  4,137,575 
Non-current deferred income taxes, net 127,191  12,132  6,467  6,558  6,193  13,831 
Operating lease right of use assets 8,989,998  9,060,332  —  —  —  — 
Goodwill 98,998  95,546  97,552  100,069  195,871  193,911 
Other assets 821,935  761,323  497,580  459,608  398,076  381,605 
Long-term assets 15,074,218  15,254,381  5,856,807  5,572,288  5,133,034  4,726,922 
Total assets 30,813,555  24,145,003  14,326,029  14,058,015  12,883,808  11,499,482 

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).

Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. TJX Cos. Inc.’s current assets increased from 2019 to 2020 and from 2020 to 2021.
Net property at cost Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. TJX Cos. Inc.’s net property at cost increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. TJX Cos. Inc.’s long-term assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. TJX Cos. Inc.’s total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. TJX Cos. Inc.’s cash and cash equivalents increased from 2019 to 2020 and from 2020 to 2021.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. TJX Cos. Inc.’s accounts receivable, net increased from 2019 to 2020 and from 2020 to 2021.
Merchandise inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. TJX Cos. Inc.’s merchandise inventories increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.