TGTTarget Corporation

$163.97

Is it safe?

Can TGT take a bad year?

Target Corporation carries $11.9B of net debt at 1.55× EBITDA: a load its earnings can carry.

$11.9B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.55×

Net debt / EBITDA · 1.47× a year ago · the load is going up

Altman Z-score
3.12

Altman Z-score · safe zone, above 3

Interest cover
10.7×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$15.4B
Cash and short-term investments
$3.53B
Net debt
$11.9B
EBITDA, trailing twelve months
$7.68B
Operating profit, trailing twelve months
$4.78B
Debt / equity
0.94×
Total debt / EBITDA
2.01×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−64%
Below its 52-week high
−3.5%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.