The TJX Companies Inc (TJX)
Current ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 12,991,000 | 12,664,000 | 12,664,000 | 12,456,000 | 12,456,000 |
| Total current liabilities | US$ in thousands | 11,008,000 | 10,451,000 | 10,451,000 | 10,305,000 | 10,305,000 |
| Current ratio | 1.18 | 1.21 | 1.21 | 1.21 | 1.21 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $12,991,000K ÷ $11,008,000K
= 1.18
The current ratio of The TJX Companies Inc has remained relatively stable over the past few years, standing at around 1.21 as of January 2023, January 2024, and February 2024. This indicates that the company's current assets are approximately 1.21 times its current liabilities during these periods. However, there was a slight decrease in the current ratio to 1.18 as of January 2025, suggesting a potential dip in the company's liquidity position compared to the previous years. Overall, a current ratio above 1 typically signifies that the company has sufficient current assets to cover its current liabilities, but it is important to monitor any fluctuations in this ratio to assess the company's short-term financial health.
Peer comparison
Jan 31, 2025