Financial Management Excel
robin65
Financials5YEARSConsolidated.xlsxROSS - BALANCE SHEET
| Consolidated Balance Sheets - USD ($) $ in Thousands | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | Feb. 02, 2013 | 5 year Average |
| Current Assets | |||||||
| Cash and cash equivalents | $ 1,290,294 | $ 1,111,599 | $ 761,602 | $ 696,608 | $ 423,168 | $646,761 | $ 856,654 |
| Short-term investments | 512 | 0 | 1,737 | 500 | 12,006 | 1,087 | 2,951 |
| Accounts receivable | 87,868 | 75,154 | 73,627 | 73,278 | 62,612 | 59,617 | 74,508 |
| Merchandise inventory | 1,641,735 | 1,512,886 | 1,419,104 | 1,372,675 | 1,257,155 | 1,209,237 | 1,440,711 |
| Prepaid expenses and other | 130,748 | 113,410 | 116,125 | 106,778 | 101,991 | 94,318 | 113,810 |
| Deferred income taxes | 0 | 0 | 0 | 12,951 | 10,227 | 20,407 | 4,636 |
| Total current assets | 3,151,157 | 2,813,049 | 2,372,195 | 2,262,790 | 1,867,159 | 2,031,427 | 2,493,270 |
| Property and Equipment | |||||||
| Land and buildings | 1,109,173 | 1,101,334 | 1,084,328 | 952,428 | 478,973 | 372,659 | 945,247 |
| Fixtures and equipment | 2,603,318 | 2,421,645 | 2,244,790 | 1,933,383 | 1,678,397 | 1,551,590 | 2,176,307 |
| Leasehold improvements | 1,093,634 | 998,508 | 920,392 | 854,572 | 813,972 | 732,671 | 936,216 |
| Construction-in-progress | 102,054 | 69,767 | 90,399 | 293,715 | 510,221 | 258,691 | 213,231 |
| Property and equipment, gross | 4,908,179 | 4,591,254 | 4,339,909 | 4,034,098 | 3,481,563 | 2,915,611 | 4,271,001 |
| Less accumulated depreciation and amortization | 2,525,715 | 2,263,206 | 1,997,003 | 1,760,346 | 1,606,264 | 1,422,327 | 2,030,507 |
| Property and equipment, net | 2,382,464 | 2,328,048 | 2,342,906 | 2,273,752 | 1,875,299 | 1,493,284 | 2,240,494 |
| Long-term investments | 712 | 1,288 | 1,331 | 3,110 | 3,710 | 4,374 | 2,030 |
| Other long-term assets | 187,718 | 166,966 | 152,687 | 163,482 | 150,629 | 141,476 | 164,296 |
| Total assets | 5,722,051 | 5,309,351 | 4,869,119 | 4,703,134 | 3,896,797 | 3,670,561 | 4,900,090 |
| Current Liabilities | |||||||
| Accounts payable | 1,059,844 | 1,021,735 | 945,559 | 1,000,700 | 779,455 | 807,534 | 961,459 |
| Accrued expenses and other | 431,706 | 398,126 | 376,522 | 385,325 | 359,929 | 320,415 | 390,322 |
| Accrued payroll and benefits | 349,879 | 316,492 | 280,766 | 256,141 | 235,324 | 241,129 | 287,720 |
| Income taxes payable | 0 | 16,153 | 0 | 17,202 | 18,349 | 53,504 | 10,341 |
| Current portion of long-term debt | 84,973 | 0 | 0 | 0 | 0 | 0 | 16,995 |
| Total current liabilities | 1,926,402 | 1,752,506 | 1,602,847 | 1,659,368 | 1,393,057 | 1,422,582 | 1,666,836 |
| Long-term debt | 311,994 | 396,493 | 396,025 | 398,375 | 150,000 | 150,000 | 330,577 |
| Other long-term liabilities | 348,541 | 290,950 | 268,168 | 279,500 | 287,567 | 246,815 | 294,945 |
| Deferred income taxes | 85,806 | 121,385 | 130,088 | 86,681 | 58,871 | 84,301 | 96,566 |
| Commitments and contingencies | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stockholders’ Equity | |||||||
| Common stock | 3,796 | 3,919 | 4,023 | 2,075 | 2,134 | 2,207 | 3,189 |
| Additional paid-in capital | 1,292,364 | 1,215,715 | 1,122,329 | 1,015,681 | 935,591 | 866,519 | 1,116,336 |
| Treasury stock | (318,279) | (272,846) | (229,525) | (160,600) | (121,559) | -91,708 | (220,562) |
| Accumulated other comprehensive income | 27 | 91 | 182 | 330 | 389 | 585 | 204 |
| Retained earnings | 2,071,400 | 1,801,138 | 1,574,982 | 1,421,724 | 1,190,747 | 989,260 | 1,611,998 |
| Total stockholders’ equity | 3,049,308 | 2,748,017 | 2,471,991 | 2,279,210 | 2,007,302 | 1,766,863 | 2,511,166 |
| Total liabilities and stockholders’ equity | $ 5,722,051 | $ 5,309,351 | $ 4,869,119 | $ 4,703,134 | $ 3,896,797 | $3,670,561 | $ 4,900,090 |
ROSS -COMMON SIZE BALANCE SHEET
| Common Size Balance Sheets | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | 5 year Average |
| Current Assets | ||||||
| Cash and cash equivalents | 23% | 21% | 16% | 15% | 11% | 17% |
| Short-term investments | 0% | 0% | 0% | 0% | 0% | 0% |
| Accounts receivable | 2% | 1% | 2% | 2% | 2% | 2% |
| Merchandise inventory | 29% | 28% | 29% | 29% | 32% | 29% |
| Prepaid expenses and other | 2% | 2% | 2% | 2% | 3% | 2% |
| Deferred income taxes | 0% | 0% | 0% | 0% | 0% | 0% |
| Total current assets | 55% | 53% | 49% | 48% | 48% | 51% |
| Property and Equipment | ||||||
| Land and buildings | 19% | 21% | 22% | 20% | 12% | 19% |
| Fixtures and equipment | 45% | 46% | 46% | 41% | 43% | 44% |
| Leasehold improvements | 19% | 19% | 19% | 18% | 21% | 19% |
| Construction-in-progress | 2% | 1% | 2% | 6% | 13% | 4% |
| Property and equipment, gross | 86% | 86% | 89% | 86% | 89% | 87% |
| Less accumulated depreciation and amortization | 44% | 43% | 41% | 37% | 41% | 41% |
| Property and equipment, net | 42% | 44% | 48% | 48% | 48% | 46% |
| Long-term investments | 0% | 0% | 0% | 0% | 0% | 0% |
| Other long-term assets | 3% | 3% | 3% | 3% | 4% | 3% |
| Total assets | 100% | 100% | 100% | 100% | 100% | 100% |
| Current Liabilities | ||||||
| Accounts payable | 19% | 19% | 19% | 21% | 20% | 20% |
| Accrued expenses and other | 8% | 7% | 8% | 8% | 9% | 8% |
| Accrued payroll and benefits | 6% | 6% | 6% | 5% | 6% | 6% |
| Income taxes payable | 0% | 0% | 0% | 0% | 0% | 0% |
| Current portion of long-term debt | 1% | 0% | 0% | 0% | 0% | 0% |
| Total current liabilities | 34% | 33% | 33% | 35% | 36% | 34% |
| Long-term debt | 5% | 7% | 8% | 8% | 4% | 7% |
| Other long-term liabilities | 6% | 5% | 6% | 6% | 7% | 6% |
| Deferred income taxes | 1% | 2% | 3% | 2% | 2% | 2% |
| Commitments and contingencies | 0% | 0% | 0% | 0% | 0% | 0% |
| Stockholders’ Equity | ||||||
| Common stock | 0% | 0% | 0% | 0% | 0% | 0% |
| Additional paid-in capital | 23% | 23% | 23% | 22% | 24% | 23% |
| Treasury stock | -6% | -5% | -5% | -3% | -3% | -5% |
| Accumulated other comprehensive income | 0% | 0% | 0% | 0% | 0% | 0% |
| Retained earnings | 36% | 34% | 32% | 30% | 31% | 33% |
| Total stockholders’ equity | 53% | 52% | 51% | 48% | 52% | 51% |
| Total liabilities and stockholders’ equity | 100% | 100% | 100% | 100% | 100% | 100% |
ROSS - BALANCE SHEET COMPARATIV
| Balance Sheet Comparative Analysis | ∆ from Jan. 28, 2017 to Feb. 03, 2018 | ∆ from Jan.30, 2016 to Jan. 28, 2017 | ∆ from Jan.31, 2015 to Jan. 30, 2016 | ∆ from Feb. 01, 2014 to Jan. 31, 2015 | ∆ from Feb. 02, 2013 to Feb. 01, 2014 | Average |
| Current Assets | ||||||
| Cash and cash equivalents | 16% | 46% | 9% | 65% | -35% | 20% |
| Short-term investments | n/a | -100% | 247% | -96% | 1005% | 264% |
| Accounts receivable | 17% | 2% | 0% | 17% | 5% | 8% |
| Merchandise inventory | 9% | 7% | 3% | 9% | 4% | 6% |
| Prepaid expenses and other | 15% | -2% | 9% | 5% | 8% | 7% |
| Deferred income taxes | n/a | n/a | -100% | 27% | -50% | -41% |
| Total current assets | 12% | 19% | 5% | 21% | -8% | 10% |
| Property and Equipment | ||||||
| Land and buildings | 1% | 2% | 14% | 99% | 29% | 29% |
| Fixtures and equipment | 8% | 8% | 16% | 15% | 8% | 11% |
| Leasehold improvements | 10% | 8% | 8% | 5% | 11% | 8% |
| Construction-in-progress | 46% | -23% | -69% | -42% | 97% | 2% |
| Property and equipment, gross | 7% | 6% | 8% | 16% | 19% | 11% |
| Less accumulated depreciation and amortization | 12% | 13% | 13% | 10% | 13% | 12% |
| Property and equipment, net | 2% | -1% | 3% | 21% | 26% | 10% |
| Long-term investments | -45% | -3% | -57% | -16% | -15% | -27% |
| Other long-term assets | 12% | 9% | -7% | 9% | 6% | 6% |
| Total assets | 8% | 9% | 4% | 21% | 6% | 9% |
| Current Liabilities | ||||||
| Accounts payable | 4% | 8% | -6% | 28% | -3% | 6% |
| Accrued expenses and other | 8% | 6% | -2% | 7% | 12% | 6% |
| Accrued payroll and benefits | 11% | 13% | 10% | 9% | -2% | 8% |
| Income taxes payable | -100% | n/a | -100% | -6% | -66% | -68% |
| Current portion of long-term debt | n/a | n/a | n/a | n/a | n/a | n/a |
| Total current liabilities | 10% | 9% | -3% | 19% | -2% | 7% |
| Long-term debt | -21% | 0% | -1% | 166% | 0% | 29% |
| Other long-term liabilities | 20% | 8% | -4% | -3% | 17% | 8% |
| Deferred income taxes | -29% | -7% | 50% | 47% | -30% | 6% |
| Commitments and contingencies | n/a | n/a | n/a | n/a | n/a | n/a |
| Stockholders’ Equity | ||||||
| Common stock | -3% | -3% | 94% | -3% | -3% | 16% |
| Additional paid-in capital | 6% | 8% | 11% | 9% | 8% | 8% |
| Treasury stock | 17% | 19% | 43% | 32% | 33% | 29% |
| Accumulated other comprehensive income | -70% | -50% | -45% | -15% | -34% | -43% |
| Retained earnings | 15% | 14% | 11% | 19% | 20% | 16% |
| Total stockholders’ equity | 11% | 11% | 8% | 14% | 14% | 12% |
| Total liabilities and stockholders’ equity | 8% | 9% | 4% | 21% | 6% | 9% |
ROSS - INCOME STATEMENT
| Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands | |||||||
| Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | Feb. 02, 2013 | 5 year Average | |
| Income Statement | |||||||
| Sales | $ 14,134,732 | $ 12,866,757 | $ 11,939,999 | $ 11,041,677 | $10,230,353 | $9,721,065 | $ 12,042,704 |
| Costs and Expenses | |||||||
| Cost of goods sold | 10,042,638 | 9,173,705 | 8,576,873 | 7,937,956 | 7,360,924 | 7,011,428 | $ 8,618,419 |
| Selling, general and administrative | 2,043,698 | 1,890,408 | 1,738,755 | 1,615,371 | 1,526,366 | 1,437,886 | $ 1,762,920 |
| Interest expense, net | 7,676 | 16,488 | 12,612 | 2,984 | -247 | 6,907 | $ 7,903 |
| Total costs and expenses | 12,094,012 | 11,080,601 | 10,328,240 | 9,556,311 | 8,887,043 | 8,456,221 | $ 10,389,241 |
| Earnings before taxes | 2,040,720 | 1,786,156 | 1,611,759 | 1,485,366 | 1,343,310 | 1,264,844 | $ 1,653,462 |
| Provision for taxes on earnings | 677,967 | 668,502 | 591,098 | 560,642 | 506,006 | 478,081 | $ 600,843 |
| Net earnings | $ 1,362,753 | $ 1,117,654 | $ 1,020,661 | $ 924,724 | $837,304 | $786,763 | $ 1,052,619 |
ROSS- COMMON S INCOME STATEMENT
| Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | 5 year Average |
| Income Statement | ||||||
| Sales | 100% | 100% | 100% | 100% | 100% | 100% |
| Costs and Expenses | ||||||
| Cost of goods sold | 71% | 71% | 72% | 72% | 72% | 72% |
| Selling, general and administrative | 14% | 15% | 15% | 15% | 15% | 15% |
| Interest expense, net | 0% | 0% | 0% | 0% | -0% | 0% |
| Total costs and expenses | 86% | 86% | 87% | 87% | 87% | 86% |
| Earnings before taxes | 14% | 14% | 13% | 13% | 13% | 14% |
| Provision for taxes on earnings | 5% | 5% | 5% | 5% | 5% | 5% |
| Net earnings | 10% | 9% | 9% | 8% | 8% | 9% |
ROSS-COMPARATIV INCOME STATEMEN
| Comparative Analysis - Income Statement | ∆ from Jan. 28, 2017 to Feb. 03, 2018 | ∆ from Jan.30, 2016 to Jan. 28, 2017 | ∆ from Jan.31, 2015 to Jan. 30, 2016 | ∆ from Feb. 01, 2014 to Jan. 31, 2015 | ∆ from Feb. 02, 2013 to Feb. 01, 2014 | Average |
| Income Statement | ||||||
| Sales | 10% | 8% | 8% | 8% | 5% | 8% |
| Costs and Expenses | ||||||
| Cost of goods sold | 9% | 7% | 8% | 8% | 5% | 7% |
| Selling, general and administrative | 8% | 9% | 8% | 6% | 6% | 7% |
| Interest expense, net | -53% | 31% | 323% | -1308% | -104% | -222% |
| Total costs and expenses | 9% | 7% | 8% | 8% | 5% | 7% |
| Earnings before taxes | 14% | 11% | 9% | 11% | 6% | 10% |
| Provision for taxes on earnings | 1% | 13% | 5% | 11% | 6% | 7% |
| Net earnings | 22% | 10% | 10% | 10% | 6% | 12% |
ROSS RATIOS
| Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | 5 year Average | |
| Return on Common Equity | 47% | 43% | 43% | 43% | 44% | 44% |
| Return on Asset | 25% | 22% | 21% | 22% | 22% | 22% |
| Gross Profit Margin | 29% | 29% | 28% | 28% | 28% | 28% |
| Total Assets Turnover | 256% | 253% | 249% | 257% | 270% | 257% |
| Account Receivable Turnover | 190.01 | 175.17 | 175.73 | 180.67 | 152.55 | 174.83 |
| Inventory Turnover | 6.37 | 6.26 | 6.14 | 6.04 | 5.97 | 6.15 |
| Current Ratio | 1.64 | 1.61 | 1.48 | 1.36 | 1.34 | 1.48 |
| Quick Ratio | 0.72 | 0.68 | 0.52 | 0.46 | 0.36 | 0.55 |
| Times Interest Ratio | 266.86 | 109.33 | 128.80 | 498.78 | -5437.50 | -886.75 |
| Debt-to-equity Ratio | 0.88 | 0.93 | 0.97 | 1.06 | 0.94 | 0.96 |
Consolidated Statements of Cash
| Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
| Feb. 02, 2019 | Feb. 03, 2018 | Jan. 28, 2017 | |
| Cash flows from operating activities: | |||
| Net income | $ 3,059,798 | $ 2,607,948 | $ 2,298,234 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 819,655 | 725,957 | 658,796 |
| Loss on property disposals and impairment charges | 17,653 | 8,871 | 5,207 |
| Deferred income tax (benefit) | (88,594) | (137,440) | (5,503) |
| Share-based compensation | 103,557 | 101,362 | 102,251 |
| Impairment of goodwill and other long-lived assets, related to Sierra | 0 | 99,250 | 0 |
| Loss on early extinguishment of debt | 0 | 0 | 51,773 |
| Pension settlement charge | 36,122 | 0 | 31,173 |
| Excess tax benefits from share-based compensation | 0 | 0 | (70,999) |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (23,532) | (62,358) | (23,235) |
| (Increase) decrease in merchandise inventories | (465,429) | (450,377) | 11,862 |
| Decrease (increase) in prepaid expenses and other current assets | 236,342 | (317,850) | (9,600) |
| Increase in accounts payable | 198,212 | 205,111 | 48,253 |
| Increase in accrued expenses and other liabilities | 169,418 | 334,522 | 389,399 |
| Increase (decrease) in income taxes payable | 40,965 | (94,492) | 146,766 |
| Other | (15,708) | 5,120 | (7,518) |
| Net cash provided by operating activities | 4,088,459 | 3,025,624 | 3,626,859 |
| Cash flows from investing activities: | |||
| Property additions | (1,125,139) | (1,057,617) | (1,024,747) |
| Purchases of investments | (161,625) | (861,256) | (716,953) |
| Sales and maturities of investments | 636,560 | 906,137 | 529,146 |
| Other | 26,652 | 0 | (2,324) |
| Net cash (used in) investing activities | (623,552) | (1,012,736) | (1,214,878) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of long-term debt | 0 | 0 | 992,540 |
| Cash payments for extinguishment of debt | 0 | 0 | (425,584) |
| Cash payments for debt issuance expenses | 0 | 0 | (9,921) |
| Cash payments on build to suit leases | (7,115) | (3,138) | 0 |
| Cash payments for rate lock agreement | 0 | 0 | (3,150) |
| Cash payments for repurchase of common stock | (2,406,997) | (1,644,581) | (1,699,998) |
| Proceeds from issuance of common stock | 255,241 | 133,687 | 164,190 |
| Cash payments of employee tax withholdings for performance based stock awards | (16,014) | (19,274) | (24,965) |
| Excess tax benefits from share-based compensation | 0 | 0 | 70,999 |
| Cash dividends paid | (922,596) | (764,040) | (650,988) |
| Net cash (used in) financing activities | (3,097,481) | (2,297,346) | (1,586,877) |
| Effect of exchange rate changes on cash | (95,674) | 113,086 | 9,272 |
| Net increase (decrease) in cash and cash equivalents | 271,752 | (171,372) | 834,376 |
| Cash and cash equivalents at beginning of year | 2,758,477 | 2,929,849 | 2,095,473 |
| Cash and cash equivalents at end of year | $ 3,030,229 | $ 2,758,477 | $ 2,929,849 |
Supplemental Cash Flows Informa
| Supplemental Cash Flows Information | 12 Months Ended |
| Feb. 02, 2019 | |
| Supplemental Cash Flow Elements [Abstract] | |
| Supplemental Cash Flows Information | Supplemental Cash Flows Information TJX’s cash payments for interest and income taxes and non-cash investing and financing activities are as follows: Fiscal Year Ended In thousands February 2, February 3, January 28, (53 weeks) Cash paid for: Interest on debt $ 64,007 $ 64,308 $ 72,619 Income taxes 1,147,511 1,289,964 1,282,172 Non-cash investing and financing activity: Build-to-suit construction in progress $ (40,911 ) $ (27,207 ) $ (94,291 ) Build-to-suit lease obligation 40,911 27,207 94,291 Dividends payable 42,943 29,836 29,195 Property additions 28,836 (21,627 ) (20,908 ) |
TJX - BALANCE SHEET
| Consolidated Balance Sheets - USD ($) $ in Thousands | Feb. 02, 2019 | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | 5 year Average |
| Current assets: | ||||||
| Cash and cash equivalents | $ 3,030,229 | $ 2,758,477 | $ 2,929,849 | $ 2,095,473 | $2,493,775 | $ 2,661,561 |
| Short-term investments | 0 | 506,165 | 543,242 | 352,313 | 282,623 | $ 336,869 |
| Accounts receivable, net | 346,298 | 327,166 | 258,831 | 238,072 | 213,824 | $ 276,838 |
| Merchandise inventories | 4,579,033 | 4,187,243 | 3,644,959 | 3,695,113 | 3,217,923 | $ 3,864,854 |
| Prepaid expenses and other current assets | 513,662 | 706,676 | 373,893 | 391,589 | 356,824 | $ 468,529 |
| Federal, state, and foreign income taxes recoverable | 0 | 0 | 0 | 0 | 12,475 | $ 2,495 |
| Current deferred income taxes, net | 0 | 0 | 0 | 0 | 137,617 | $ 27,523 |
| Total current assets | 8,469,222 | 8,485,727 | 7,750,774 | 6,772,560 | 6,715,061 | $ 7,638,669 |
| Net property at cost | 5,255,208 | 5,006,053 | 4,532,894 | 4,137,575 | 3,868,365 | $ 4,560,019 |
| Non-current deferred income taxes, net | 6,467 | 6,558 | 6,193 | 13,831 | 24,546 | $ 11,519 |
| Goodwill | 97,552 | 100,069 | 195,871 | 193,911 | 309,870 | $ 179,455 |
| Other assets | 497,580 | 459,608 | 398,076 | 372,554 | 210,539 | $ 387,671 |
| TOTAL ASSETS | 14,326,029 | 14,058,015 | 12,883,808 | 11,490,431 | 11,128,381 | $ 12,777,333 |
| Current liabilities: | 0 | |||||
| Accounts payable | 2,644,143 | 2,488,373 | 2,230,904 | 2,203,050 | 2,007,511 | $ 2,314,796 |
| Accrued expenses and other current liabilities | 2,733,076 | 2,522,961 | 2,320,464 | 2,069,659 | 1,796,122 | $ 2,288,456 |
| Federal, state and foreign income taxes payable | 154,155 | 114,203 | 206,288 | 129,521 | 126,001 | $ 146,034 |
| Total current liabilities | 5,531,374 | 5,125,537 | 4,757,656 | 4,402,230 | 3,929,634 | $ 4,749,286 |
| Other long-term liabilities | 1,354,242 | 1,320,505 | 1,073,954 | 881,021 | 888,137 | $ 1,103,572 |
| Non-current deferred income taxes, net | 158,191 | 233,057 | 314,000 | 285,102 | 422,516 | $ 282,573 |
| Long-term debt | 2,233,616 | 2,230,607 | 2,227,599 | 1,615,003 | 1,623,864 | $ 1,986,138 |
| SHAREHOLDERS' EQUITY | ||||||
| Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,217,182,508 and 1,256,018,044, respectively | 1,217,183 | 1,256,018 | 646,319 | 663,496 | 684,733 | $ 893,550 |
| Additional paid-in capital | 0 | 0 | 0 | 0 | 0 | $ 0 |
| Accumulated other comprehensive income (loss) | (630,321) | (441,859) | (694,226) | (667,472) | (554,385) | $ (597,653) |
| Retained earnings | 4,461,744 | 4,334,150 | 4,558,506 | 4,311,051 | 4,133,882 | $ 4,359,867 |
| Total shareholders' equity | 5,048,606 | 5,148,309 | 4,510,599 | 4,307,075 | 4,264,230 | $ 4,655,764 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ 14,326,029 | $ 14,058,015 | $ 12,883,808 | $ 11,490,431 | $11,128,381 | $ 12,777,333 |
| 0.6060678928 |
TJX-COMMON S BALANCE SHEET
| Consolidated Balance Sheets - USD ($) $ in Thousands | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | 5 year Average |
| Current assets: | ||||||
| Cash and cash equivalents | 20% | 23% | 18% | 22% | ERROR:#REF! | 21% |
| Short-term investments | 4% | 4% | 3% | 3% | ERROR:#REF! | 3% |
| Accounts receivable, net | 2% | 2% | 2% | 2% | ERROR:#REF! | 2% |
| Merchandise inventories | 30% | 28% | 32% | 29% | ERROR:#REF! | 30% |
| Prepaid expenses and other current assets | 5% | 3% | 3% | 3% | ERROR:#REF! | 4% |
| Federal, state, and foreign income taxes recoverable | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Current deferred income taxes, net | 0% | 0% | 0% | 1% | ERROR:#REF! | 0% |
| Total current assets | 60% | 60% | 59% | 60% | ERROR:#REF! | 60% |
| Net property at cost | 36% | 35% | 36% | 35% | ERROR:#REF! | 36% |
| Non-current deferred income taxes, net | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Goodwill | 1% | 2% | 2% | 3% | ERROR:#REF! | 1% |
| Other assets | 3% | 3% | 3% | 2% | ERROR:#REF! | 3% |
| TOTAL ASSETS | 100% | 100% | 100% | 100% | ERROR:#REF! | 100% |
| Current liabilities: | ||||||
| Accounts payable | 18% | 17% | 19% | 18% | ERROR:#REF! | 18% |
| Accrued expenses and other current liabilities | 18% | 18% | 18% | 16% | ERROR:#REF! | 18% |
| Federal, state and foreign income taxes payable | 1% | 2% | 1% | 1% | ERROR:#REF! | 1% |
| Total current liabilities | 36% | 37% | 38% | 35% | ERROR:#REF! | 37% |
| Other long-term liabilities | 9% | 8% | 8% | 8% | ERROR:#REF! | 9% |
| Non-current deferred income taxes, net | 2% | 2% | 2% | 4% | ERROR:#REF! | 2% |
| Long-term debt | 16% | 17% | 14% | 15% | ERROR:#REF! | 16% |
| SHAREHOLDERS' EQUITY | ||||||
| Common stock | 9% | 5% | 6% | 6% | ERROR:#REF! | 7% |
| Additional paid-in capital | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Accumulated other comprehensive income (loss) | -3% | -5% | -6% | -5% | ERROR:#REF! | -5% |
| Retained earnings | 31% | 35% | 38% | 37% | ERROR:#REF! | 34% |
| Total shareholders' equity | 37% | 35% | 37% | 38% | ERROR:#REF! | 36% |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 100% | 100% | 100% | 100% | ERROR:#REF! | 100% |
TJX - COMPARATIVE BALANCE SHEET
| Comparative Analysis - Balance Sheets | ∆ from Jan. 28, 2017 to Feb. 03, 2018 | ∆ from Jan. 31, 2015 to Jan. 28, 2017 | ∆ from Jan. 30, 2016 to Jan. 31, 2015 | ∆ from Feb. 01, 2014 to Jan. 31, 2015 | ∆ from Feb. 02, 2013 toFeb. 01, 2014 | Average |
| Current assets: | ||||||
| Cash and cash equivalents | -6% | 40% | -16% | n/a | n/a | 6% |
| Short-term investments | -7% | 54% | 25% | n/a | n/a | 24% |
| Accounts receivable, net | 26% | 9% | 11% | n/a | n/a | 15% |
| Merchandise inventories | 15% | -1% | 15% | n/a | n/a | 9% |
| Prepaid expenses and other current assets | 89% | -5% | 10% | n/a | n/a | 31% |
| Federal, state, and foreign income taxes recoverable | n/a | n/a | -100% | n/a | n/a | -100% |
| Current deferred income taxes, net | n/a | n/a | -100% | n/a | n/a | -100% |
| Total current assets | 9% | 14% | 1% | n/a | n/a | 8% |
| Net property at cost | 10% | 10% | 7% | n/a | n/a | 9% |
| Non-current deferred income taxes, net | 6% | -55% | -44% | n/a | n/a | -31% |
| Goodwill | -49% | 1% | -37% | n/a | n/a | -28% |
| Other assets | 15% | 7% | 77% | n/a | n/a | 33% |
| TOTAL ASSETS | 9% | 12% | 3% | n/a | n/a | 8% |
| Current liabilities: | ||||||
| Accounts payable | 12% | 1% | 10% | n/a | n/a | 8% |
| Accrued expenses and other current liabilities | 9% | 12% | 15% | n/a | n/a | 12% |
| Federal, state and foreign income taxes payable | -45% | 59% | 3% | n/a | n/a | 6% |
| Total current liabilities | 8% | 8% | 12% | n/a | n/a | 9% |
| Other long-term liabilities | 23% | 22% | -1% | n/a | n/a | 15% |
| Non-current deferred income taxes, net | -26% | 10% | -33% | n/a | n/a | -16% |
| Long-term debt | 0% | 38% | -1% | n/a | n/a | 13% |
| SHAREHOLDERS' EQUITY | ||||||
| Common stock | 94% | -3% | -3% | n/a | n/a | 30% |
| Additional paid-in capital | n/a | n/a | n/a | n/a | n/a | ERROR:#DIV/0! |
| Accumulated other comprehensive income (loss) | -36% | 4% | 20% | n/a | n/a | -4% |
| Retained earnings | -5% | 6% | 4% | n/a | n/a | 2% |
| Total shareholders' equity | 14% | 5% | 1% | n/a | n/a | 7% |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 9% | 12% | 3% | n/a | n/a | 8% |
TJX - INCOME STATEMENT
| Consolidated Statements of Income (USD $) | ||||||
| In Thousands, except Per Share data, unless otherwise specified | Feb. 02, 2019 | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | 5 year Average |
| Net sales | $ 38,972,934 | $ 35,864,664 | $ 33,183,744 | $ 30,944,938 | $29,078,407 | $ 33,608,937 |
| Cost of sales, including buying and occupancy costs | 27,831,177 | 25,502,167 | 23,565,754 | 22,034,523 | 20,776,522 | $ 23,942,029 |
| Selling, general and administrative expenses | 6,923,564 | 6,375,071 | 5,768,467 | 5,205,715 | 4,695,384 | $ 5,793,640 |
| Impairment of goodwill and other long-lived assets, related to Sierra Trading Post ("STP") | 0 | 99,250 | 0 | 0 | 0 | $ 19,850 |
| Loss on early extinguishment of debt | 0 | 0 | 51,773 | 0 | 16,830 | $ 13,721 |
| Pension settlement charge | 36,122 | 0 | 31,173 | 0 | 0 | $ 13,459 |
| Interest expense, net | 8,860 | 31,588 | 43,534 | 46,400 | 39,787 | $ 34,034 |
| Income before provision for income taxes | 4,173,211 | 3,856,588 | 3,723,043 | 3,658,300 | 3,549,884 | $ 3,792,205 |
| Provision for income taxes | 1,113,413 | 1,248,640 | 1,424,809 | 1,380,642 | 1,334,756 | $ 1,300,452 |
| Net income | $ 3,059,798 | $ 2,607,948 | $ 2,298,234 | $ 2,277,658 | $2,215,128 | $ 2,491,753 |
TJX RATIOS
| Feb. 02, 2019 | Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | 5 year Average | |
| Return on Common Equity | 60% | 54% | 52% | 53% | 55% |
| Return on Asset | 22% | 20% | 19% | 20% | 20% |
| Gross Profit Margin | 29% | 29% | 29% | 29% | 29% |
| Total Assets Turnover | 275% | 266% | 272% | 274% | 272% |
| Account Receivable Turnover | 116 | 122 | 134 | 137 | 127 |
| Inventory Turnover | 6.35 | 6.51 | 6.42 | 6.37 | 641% |
| Current Ratio | 1.53 | 1.66 | 1.63 | 1.54 | 159% |
| Quick Ratio | 2.49 | 2.72 | 3.47 | 3.05 | 293% |
| Times Interest Ratio | 472 | 123 | 87 | 80 | 190 |
| Debt-to-equity Ratio | 1.84 | 1.73 | 1.86 | 1.67 | 177% |
| Double check formulas |
TJX-COMMON S INCOME STATEMENT
| Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified | ||||||
| Feb. 03, 2018 | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | Feb. 01, 2014 | 5 year Average | |
| Net sales | 100% | 100% | 100% | 100% | ERROR:#REF! | 100% |
| Cost of sales, including buying and occupancy costs | 71% | 71% | 71% | 71% | ERROR:#REF! | 71% |
| Selling, general and administrative expenses | 18% | 17% | 17% | 16% | ERROR:#REF! | 17% |
| Impairment of goodwill and other long-lived assets, related to Sierra Trading Post ("STP") | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Loss on early extinguishment of debt | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Pension settlement charge | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Interest expense, net | 0% | 0% | 0% | 0% | ERROR:#REF! | 0% |
| Income before provision for income taxes | 11% | 11% | 12% | 12% | ERROR:#REF! | 11% |
| Provision for income taxes | 3% | 4% | 4% | 5% | ERROR:#REF! | 4% |
| Net income | 7% | 7% | 7% | 8% | ERROR:#REF! | 7% |
TJX-COMPARATIVE INCOME STATEMEN
| Consolidated Statements of Income (USD $) | ∆ from Jan. 28, 2017 to Feb. 03, 2018 | ∆ from Jan. 31, 2015 to Jan. 28, 2017 | ∆ from Jan. 30, 2016 to Jan. 31, 2015 | ∆ from Feb. 01, 2014 to Jan. 31, 2015 | ∆ from Feb. 02, 02 2013 to Feb. 01, 2014 | Average |
| Net sales | 8% | 7% | 6% | n/a | n/a | 7% |
| Cost of sales, including buying and occupancy costs | 8% | 7% | 6% | n/a | n/a | 7% |
| Selling, general and administrative expenses | 11% | 11% | 11% | n/a | n/a | 11% |
| Impairment of goodwill and other long-lived assets, related to Sierra Trading Post ("STP") | n/a | n/a | n/a | n/a | n/a | n/a |
| Loss on early extinguishment of debt | -100% | n/a | -100% | n/a | n/a | -100% |
| Pension settlement charge | -100% | n/a | n/a | n/a | n/a | -100% |
| Interest expense, net | -27% | -6% | 17% | n/a | n/a | -6% |
| Income before provision for income taxes | 4% | 2% | 3% | n/a | n/a | 3% |
| Provision for income taxes | -12% | 3% | 3% | n/a | n/a | -2% |
| Net income | 13% | 1% | 3% | n/a | n/a | 6% |
