Paying users zone. Data is covered by 
.
Get 1 month access to TJX Cos. Inc. for $17.99, or
get full access to entire website for at least 3 months from $49.99.
We accept:
TJX Cos. Inc. (TJX)
Long-term Debt and Solvency Analysis
Difficulty: Beginner
Solvency ratios also known as long-term debt ratios measure a company’s ability to meet long-term obligations.
Ratios (Summary)
TJX Cos. Inc., debt and solvency ratios
| Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | Jan 30, 2016 | Jan 31, 2015 | Feb 1, 2014 | ||
|---|---|---|---|---|---|---|---|
| Debt to equity | |
|
|
|
|
|
|
| Debt to capital | |
|
|
|
|
|
|
| Interest coverage | |
|
|
|
|
|
Based on: 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), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01).
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | TJX Cos. Inc.’s debt-to-equity ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | TJX Cos. Inc.’s debt-to-capital ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
| Ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | TJX Cos. Inc.’s interest coverage ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level. |
Debt to Equity
TJX Cos. Inc., debt to equity calculation, comparison to benchmarks
Based on: 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), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01).
2019 Calculations
1 Debt to equity = Total debt ÷ Shareholders’ equity
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | TJX Cos. Inc.’s debt-to-equity ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Debt to Capital
TJX Cos. Inc., debt to capital calculation, comparison to benchmarks
Based on: 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), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01).
2019 Calculations
1 Debt to capital = Total debt ÷ Total capital
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | TJX Cos. Inc.’s debt-to-capital ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Interest Coverage
TJX Cos. Inc., interest coverage calculation, comparison to benchmarks
Based on: 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), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01).
2019 Calculations
1 Interest coverage = EBIT ÷ Interest expense
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | TJX Cos. Inc.’s interest coverage ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level. |