TGTTarget Corporation

$162.71

Is it safe?

Can TGT take a bad year?

Target Corporation carries $9.95B of net debt at 1.11× EBITDA: a load its earnings can carry.

$9.95B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.11×

Net debt / EBITDA · 1.47× a year ago · the load is coming down

Altman Z-score
3.12

Altman Z-score · safe zone, above 3

Interest cover
14.0×

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

Details
Total debtQ2 2026
$15.4B
Cash and short-term investments
$5.41B
Net debt
$9.95B
EBITDA, trailing twelve months
$8.94B
Operating profit, trailing twelve months
$6.02B
Debt / equity
0.86×
Total debt / EBITDA
1.72×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−64%
Below its 52-week high
4.2%

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