Oxford Industries Inc (OXM)

Cash ratio

Feb 28, 2025 Feb 29, 2024 Feb 3, 2024 Feb 28, 2023 Jan 28, 2023
Cash and cash equivalents US$ in thousands 9,470 7,604 7,604 8,826 8,826
Short-term investments US$ in thousands — — — 0 0
Total current liabilities US$ in thousands 248,275 240,644 240,644 269,639 269,639
Cash ratio 0.04 0.03 0.03 0.03 0.03

February 28, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($9,470K + $—K) ÷ $248,275K
= 0.04

The cash ratio for Oxford Industries Inc has remained consistently low over the analyzed periods, ranging from 0.03 to 0.04. This indicates that the company may have a limited ability to cover its short-term liabilities solely with its available cash and cash equivalents. It suggests a potential liquidity risk, as a higher cash ratio is typically preferred to ensure the company's ability to meet its immediate obligations without relying on other sources of funds. Oxford Industries Inc may need to closely monitor its cash management strategies to improve its liquidity position and mitigate any potential cash flow challenges in the future.