The TJX Companies Inc (TJX)
Cash ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 5,335,000 | 5,600,000 | 5,600,000 | 5,477,000 | 5,477,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 11,008,000 | 10,451,000 | 10,451,000 | 10,305,000 | 10,305,000 |
| Cash ratio | 0.48 | 0.54 | 0.54 | 0.53 | 0.53 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($5,335,000K
+ $—K)
÷ $11,008,000K
= 0.48
The cash ratio of The TJX Companies Inc has shown consistency over the years, ranging between 0.48 and 0.54. This indicates that the company maintains a healthy level of cash relative to its current liabilities, ensuring it has sufficient liquid assets to cover its short-term obligations. The stability of the cash ratio suggests that TJX has been effectively managing its liquidity position, which is important for financial stability and operational flexibility. Overall, the cash ratio data reflects a prudent approach to cash management by the company.
Peer comparison
Jan 31, 2025