T.J. Other Stockholder Equity vs Total Stockholder Equity Analysis

TJX Stock  USD 107.44  0.51  0.48%   
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 Other Stockholder Equity and its Total Stockholder Equity 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 closely tied with the direction of predictive economic indicators such as signals in inflation.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Companies Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between T.J. Maxx's Other Stockholder Equity and Total Stockholder Equity is 0.64. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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 Other Stockholder Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of The TJX Companies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., T.J. Maxx's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 closely tied 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 Revenue48.5B49.9B54.2B56.9B
Depreciation And Amortization868M887M964M1.0B

T.J. Maxx fundamental ratios Correlations

0.970.680.990.910.980.890.880.890.980.980.870.54-0.630.980.90.570.641.00.960.540.960.320.910.980.72
0.970.550.950.780.980.950.740.880.980.950.860.44-0.631.00.780.380.60.980.890.470.890.340.820.970.66
0.680.550.730.740.650.540.770.460.650.630.460.4-0.440.580.830.610.720.650.670.370.680.30.660.660.4
0.990.950.730.910.960.850.880.90.960.970.890.56-0.620.960.910.590.650.990.980.540.980.310.90.950.72
0.910.780.740.910.870.720.990.720.880.890.730.57-0.520.830.970.790.640.870.90.580.880.210.920.870.71
0.980.980.650.960.870.960.840.811.00.970.790.45-0.610.980.870.490.680.980.890.470.890.320.891.00.68
0.890.950.540.850.720.960.690.680.950.890.650.33-0.590.940.740.290.650.910.740.350.750.340.770.960.57
0.880.740.770.880.990.840.690.670.850.840.680.56-0.530.790.960.790.630.830.870.630.840.180.870.840.65
0.890.880.460.90.720.810.680.670.810.861.00.53-0.570.890.680.450.410.90.940.570.940.280.740.80.66
0.980.980.650.960.881.00.950.850.810.970.790.45-0.610.980.880.490.680.980.90.470.890.320.891.00.68
0.980.950.630.970.890.970.890.840.860.970.850.51-0.620.970.880.60.620.980.930.440.930.40.920.970.73
0.870.860.460.890.730.790.650.681.00.790.850.54-0.570.870.680.470.390.880.940.610.940.260.720.780.64
0.540.440.40.560.570.450.330.560.530.450.510.54-0.680.480.630.68-0.010.520.640.530.640.260.50.40.76
-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
0.981.00.580.960.830.980.940.790.890.980.970.870.48-0.640.820.450.590.990.920.50.920.350.850.980.69
0.90.780.830.910.970.870.740.960.680.880.880.680.63-0.560.820.770.630.870.890.490.880.290.920.870.74
0.570.380.610.590.790.490.290.790.450.490.60.470.68-0.380.450.770.340.510.660.510.630.310.630.480.54
0.640.60.720.650.640.680.650.630.410.680.620.39-0.01-0.230.590.630.340.620.530.240.50.140.60.710.2
1.00.980.650.990.870.980.910.830.90.980.980.880.52-0.640.990.870.510.620.950.520.950.330.880.980.71
0.960.890.670.980.90.890.740.870.940.90.930.940.64-0.610.920.890.660.530.950.620.990.290.870.880.74
0.540.470.370.540.580.470.350.630.570.470.440.610.53-0.450.50.490.510.240.520.620.57-0.010.270.450.23
0.960.890.680.980.880.890.750.840.940.890.930.940.64-0.610.920.880.630.50.950.990.570.280.870.880.75
0.320.340.30.310.210.320.340.180.280.320.40.260.26-0.360.350.290.310.140.330.29-0.010.280.290.320.29
0.910.820.660.90.920.890.770.870.740.890.920.720.5-0.50.850.920.630.60.880.870.270.870.290.880.82
0.980.970.660.950.871.00.960.840.81.00.970.780.4-0.590.980.870.480.710.980.880.450.880.320.880.65
0.720.660.40.720.710.680.570.650.660.680.730.640.76-0.690.690.740.540.20.710.740.230.750.290.820.65
Click cells to compare fundamentals

T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1B30.8B28.5B28.3B29.7B31.2B
Short Long Term Debt Total11.5B15.5B12.5B12.7B12.5B13.2B
Other Current Liab883.7M1.1B4.4B4.2B4.5B4.7B
Total Current Liabilities7.2B10.8B10.5B10.3B10.5B11.0B
Total Stockholder Equity5.9B5.8B6.0B6.4B7.3B7.7B
Property Plant And Equipment Net14.4B14.0B14.1B14.9B16.0B16.8B
Net Debt8.2B5.0B6.3B7.3B6.9B7.3B
Retained Earnings5.4B5.0B5.5B5.8B6.7B7.0B
Cash3.2B10.5B6.2B5.5B5.6B5.9B
Non Current Assets Total15.3B15.1B15.2B15.9B17.1B17.9B
Non Currrent Assets Other773.5M949.2M796.5M769M913M958.7M
Cash And Short Term Investments3.2B10.5B6.2B5.5B5.6B5.9B
Net Receivables801.3M932.3M1.1B1.2B588M360.3M
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.2B1.5B
Liabilities And Stockholders Equity24.1B30.8B28.5B28.3B29.7B31.2B
Non Current Liabilities Total11.0B14.2B12.0B11.7B12.0B12.6B
Inventory4.9B4.3B6.0B5.8B6.0B6.3B
Other Current Assets415.0M435.0M438.1M478M511M536.6M
Other Stockholder Equity(12K)260.5M8K6.4B7.3B7.7B
Total Liab18.2B25.0B22.5B22.0B22.4B23.6B
Total Current Assets8.9B15.7B13.3B12.5B12.7B13.3B
Short Term Debt1.4B2.4B1.6B2.1B1.6B1.7B
Accounts Payable2.7B4.8B4.5B3.8B3.9B4.1B
Intangible Assets133.4M125.4M123M120M108M107.4M
Common Stock Total Equity628.0M1.2B1.2B1.2B1.4B1.5B
Property Plant And Equipment Gross14.4B14.0B14.1B14.9B17.1B18.0B
Accumulated Other Comprehensive Income(673.2M)(606.1M)(687.2M)(606M)(532M)(505.4M)
Common Stock1.2B1.2B1.2B1.2B1.1B633.2M
Other Assets640.1M627.7M981.5M927M1.1B1.1B
Long Term Debt2.2B5.3B3.4B2.9B3.3B3.5B
Good Will95.5M99M96.7M97M95M179.9M
Property Plant Equipment5.3B14.0B14.1B14.9B17.1B18.0B
Other Liab993.3M1.1B1.1B1.0B1.2B862.0M
Current Deferred Revenue450.3M2.2B2.4B158M482M513.1M
Net Tangible Assets13.7B5.6B5.9B6.3B7.2B5.6B
Long Term Debt Total2.2B5.3B3.4B2.9B3.3B2.2B
Capital Lease Obligations9.2B9.4B9.2B9.4B10.8B11.3B

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