T.J. Non Recurring vs Ebitda Analysis

TJX Stock

USD 100.29 1.37 1.38%

T.J. Maxx financial indicator trend analysis is much more than just breaking down TJX Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Companies is a good investment. Please check the relationship between T.J. Maxx Non Recurring and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Non Recurring vs Ebitda

Non Recurring vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Companies Non Recurring account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between T.J. Maxx's Non Recurring and Ebitda is -0.54. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Ebitda in the same time period over historical financial statements of The TJX Companies, assuming nothing else is changed. The correlation between historical values of T.J. Maxx's Non Recurring and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of The TJX Companies are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Non Recurring i.e., T.J. Maxx's Non Recurring and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Recurring

Ebitda

Most indicators from T.J. Maxx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

At this time, T.J. Maxx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 13.7 B in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	48.5B	49.9B	54.2B	56.9B
Depreciation And Amortization	868M	887M	964M	1.0B

Total Revenue Depreciation And Amortization

T.J. Maxx fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.97	0.68	0.99	0.91	0.98	0.89	0.88	0.89	0.98	0.98	0.87	0.54	-0.63	0.98	0.9	0.57	0.64	1.0	0.96	0.54	0.96	0.32	0.91	0.98	0.72
Short Long Term Debt Total	0.97		0.55	0.95	0.78	0.98	0.95	0.74	0.88	0.98	0.95	0.86	0.44	-0.63	1.0	0.78	0.38	0.6	0.98	0.89	0.47	0.89	0.34	0.82	0.97	0.66
Other Current Liab	0.68	0.55		0.73	0.74	0.65	0.54	0.77	0.46	0.65	0.63	0.46	0.4	-0.44	0.58	0.83	0.61	0.72	0.65	0.67	0.37	0.68	0.3	0.66	0.66	0.4
Total Current Liabilities	0.99	0.95	0.73		0.91	0.96	0.85	0.88	0.9	0.96	0.97	0.89	0.56	-0.62	0.96	0.91	0.59	0.65	0.99	0.98	0.54	0.98	0.31	0.9	0.95	0.72
Total Stockholder Equity	0.91	0.78	0.74	0.91		0.87	0.72	0.99	0.72	0.88	0.89	0.73	0.57	-0.52	0.83	0.97	0.79	0.64	0.87	0.9	0.58	0.88	0.21	0.92	0.87	0.71
Property Plant And Equipment Net	0.98	0.98	0.65	0.96	0.87		0.96	0.84	0.81	1.0	0.97	0.79	0.45	-0.61	0.98	0.87	0.49	0.68	0.98	0.89	0.47	0.89	0.32	0.89	1.0	0.68
Net Debt	0.89	0.95	0.54	0.85	0.72	0.96		0.69	0.68	0.95	0.89	0.65	0.33	-0.59	0.94	0.74	0.29	0.65	0.91	0.74	0.35	0.75	0.34	0.77	0.96	0.57
Retained Earnings	0.88	0.74	0.77	0.88	0.99	0.84	0.69		0.67	0.85	0.84	0.68	0.56	-0.53	0.79	0.96	0.79	0.63	0.83	0.87	0.63	0.84	0.18	0.87	0.84	0.65
Cash	0.89	0.88	0.46	0.9	0.72	0.81	0.68	0.67		0.81	0.86	1.0	0.53	-0.57	0.89	0.68	0.45	0.41	0.9	0.94	0.57	0.94	0.28	0.74	0.8	0.66
Non Current Assets Total	0.98	0.98	0.65	0.96	0.88	1.0	0.95	0.85	0.81		0.97	0.79	0.45	-0.61	0.98	0.88	0.49	0.68	0.98	0.9	0.47	0.89	0.32	0.89	1.0	0.68
Non Currrent Assets Other	0.98	0.95	0.63	0.97	0.89	0.97	0.89	0.84	0.86	0.97		0.85	0.51	-0.62	0.97	0.88	0.6	0.62	0.98	0.93	0.44	0.93	0.4	0.92	0.97	0.73
Cash And Short Term Investments	0.87	0.86	0.46	0.89	0.73	0.79	0.65	0.68	1.0	0.79	0.85		0.54	-0.57	0.87	0.68	0.47	0.39	0.88	0.94	0.61	0.94	0.26	0.72	0.78	0.64
Net Receivables	0.54	0.44	0.4	0.56	0.57	0.45	0.33	0.56	0.53	0.45	0.51	0.54		-0.68	0.48	0.63	0.68	-0.01	0.52	0.64	0.53	0.64	0.26	0.5	0.4	0.76
Common Stock Shares Outstanding	-0.63	-0.63	-0.44	-0.62	-0.52	-0.61	-0.59	-0.53	-0.57	-0.61	-0.62	-0.57	-0.68		-0.64	-0.56	-0.38	-0.23	-0.64	-0.61	-0.45	-0.61	-0.36	-0.5	-0.59	-0.69
Non Current Liabilities Total	0.98	1.0	0.58	0.96	0.83	0.98	0.94	0.79	0.89	0.98	0.97	0.87	0.48	-0.64		0.82	0.45	0.59	0.99	0.92	0.5	0.92	0.35	0.85	0.98	0.69
Inventory	0.9	0.78	0.83	0.91	0.97	0.87	0.74	0.96	0.68	0.88	0.88	0.68	0.63	-0.56	0.82		0.77	0.63	0.87	0.89	0.49	0.88	0.29	0.92	0.87	0.74
Other Current Assets	0.57	0.38	0.61	0.59	0.79	0.49	0.29	0.79	0.45	0.49	0.6	0.47	0.68	-0.38	0.45	0.77		0.34	0.51	0.66	0.51	0.63	0.31	0.63	0.48	0.54
Other Stockholder Equity	0.64	0.6	0.72	0.65	0.64	0.68	0.65	0.63	0.41	0.68	0.62	0.39	-0.01	-0.23	0.59	0.63	0.34		0.62	0.53	0.24	0.5	0.14	0.6	0.71	0.2
Total Liab	1.0	0.98	0.65	0.99	0.87	0.98	0.91	0.83	0.9	0.98	0.98	0.88	0.52	-0.64	0.99	0.87	0.51	0.62		0.95	0.52	0.95	0.33	0.88	0.98	0.71
Total Current Assets	0.96	0.89	0.67	0.98	0.9	0.89	0.74	0.87	0.94	0.9	0.93	0.94	0.64	-0.61	0.92	0.89	0.66	0.53	0.95		0.62	0.99	0.29	0.87	0.88	0.74
Short Term Debt	0.54	0.47	0.37	0.54	0.58	0.47	0.35	0.63	0.57	0.47	0.44	0.61	0.53	-0.45	0.5	0.49	0.51	0.24	0.52	0.62		0.57	-0.01	0.27	0.45	0.23
Accounts Payable	0.96	0.89	0.68	0.98	0.88	0.89	0.75	0.84	0.94	0.89	0.93	0.94	0.64	-0.61	0.92	0.88	0.63	0.5	0.95	0.99	0.57		0.28	0.87	0.88	0.75
Intangible Assets	0.32	0.34	0.3	0.31	0.21	0.32	0.34	0.18	0.28	0.32	0.4	0.26	0.26	-0.36	0.35	0.29	0.31	0.14	0.33	0.29	-0.01	0.28		0.29	0.32	0.29
Common Stock Total Equity	0.91	0.82	0.66	0.9	0.92	0.89	0.77	0.87	0.74	0.89	0.92	0.72	0.5	-0.5	0.85	0.92	0.63	0.6	0.88	0.87	0.27	0.87	0.29		0.88	0.82
Property Plant And Equipment Gross	0.98	0.97	0.66	0.95	0.87	1.0	0.96	0.84	0.8	1.0	0.97	0.78	0.4	-0.59	0.98	0.87	0.48	0.71	0.98	0.88	0.45	0.88	0.32	0.88		0.65
Common Stock	0.72	0.66	0.4	0.72	0.71	0.68	0.57	0.65	0.66	0.68	0.73	0.64	0.76	-0.69	0.69	0.74	0.54	0.2	0.71	0.74	0.23	0.75	0.29	0.82	0.65

Click cells to compare fundamentals

T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.1B	30.8B	28.5B	28.3B	29.7B	31.2B
Short Long Term Debt Total	11.5B	15.5B	12.5B	12.7B	12.5B	13.2B
Other Current Liab	883.7M	1.1B	4.4B	4.2B	4.5B	4.7B
Total Current Liabilities	7.2B	10.8B	10.5B	10.3B	10.5B	11.0B
Total Stockholder Equity	5.9B	5.8B	6.0B	6.4B	7.3B	7.7B
Property Plant And Equipment Net	14.4B	14.0B	14.1B	14.9B	16.0B	16.8B
Net Debt	8.2B	5.0B	6.3B	7.3B	6.9B	7.3B
Retained Earnings	5.4B	5.0B	5.5B	5.8B	6.7B	7.0B
Cash	3.2B	10.5B	6.2B	5.5B	5.6B	5.9B
Non Current Assets Total	15.3B	15.1B	15.2B	15.9B	17.1B	17.9B
Non Currrent Assets Other	773.5M	949.2M	796.5M	769M	913M	958.7M
Cash And Short Term Investments	3.2B	10.5B	6.2B	5.5B	5.6B	5.9B
Net Receivables	801.3M	932.3M	1.1B	1.2B	588M	360.3M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.5B
Liabilities And Stockholders Equity	24.1B	30.8B	28.5B	28.3B	29.7B	31.2B
Non Current Liabilities Total	11.0B	14.2B	12.0B	11.7B	12.0B	12.6B
Inventory	4.9B	4.3B	6.0B	5.8B	6.0B	6.3B
Other Current Assets	415.0M	435.0M	438.1M	478M	511M	536.6M
Other Stockholder Equity	(12K)	260.5M	8K	6.4B	7.3B	7.7B
Total Liab	18.2B	25.0B	22.5B	22.0B	22.4B	23.6B
Total Current Assets	8.9B	15.7B	13.3B	12.5B	12.7B	13.3B
Short Term Debt	1.4B	2.4B	1.6B	2.1B	1.6B	1.7B
Accounts Payable	2.7B	4.8B	4.5B	3.8B	3.9B	4.1B
Intangible Assets	133.4M	125.4M	123M	120M	108M	107.4M
Common Stock Total Equity	628.0M	1.2B	1.2B	1.2B	1.4B	1.5B
Property Plant And Equipment Gross	14.4B	14.0B	14.1B	14.9B	17.1B	18.0B
Accumulated Other Comprehensive Income	(673.2M)	(606.1M)	(687.2M)	(606M)	(532M)	(505.4M)
Common Stock	1.2B	1.2B	1.2B	1.2B	1.1B	633.2M
Other Assets	640.1M	627.7M	981.5M	927M	1.1B	1.1B
Long Term Debt	2.2B	5.3B	3.4B	2.9B	3.3B	3.5B
Good Will	95.5M	99M	96.7M	97M	95M	179.9M
Property Plant Equipment	5.3B	14.0B	14.1B	14.9B	17.1B	18.0B
Other Liab	993.3M	1.1B	1.1B	1.0B	1.2B	862.0M
Current Deferred Revenue	450.3M	2.2B	2.4B	158M	482M	513.1M
Net Tangible Assets	13.7B	5.6B	5.9B	6.3B	7.2B	5.6B
Long Term Debt Total	2.2B	5.3B	3.4B	2.9B	3.3B	2.2B
Capital Lease Obligations	9.2B	9.4B	9.2B	9.4B	10.8B	11.3B

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When determining whether TJX Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T.J. Maxx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Tjx Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Tjx Companies Stock:

How To Invest In T.J.

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Is T.J. Stock a good investment?

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What is T.J. Maxx's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.

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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.368

Dividend Share

1.33

Earnings Share

3.86

Revenue Per Share

47.31

Quarterly Revenue Growth

0.13

The market value of TJX Companies is measured differently than its book value, which is the value of T.J. that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if T.J. Maxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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T.J. Non Recurring vs Ebitda Analysis

Non Recurring vs Ebitda

Non Recurring vs Ebitda Correlation Analysis

Correlation Coefficient

Non Recurring

Ebitda

T.J. Maxx fundamental ratios Correlations

T.J. Maxx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

T.J. Maxx fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Common Stock	- 0.69	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.68	Net Receivables
Total Liab	- 0.64	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.64	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.63	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.63	Total Assets