Oxford Industries Inc (OXM)
Current ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 292,782 | 293,115 | 293,115 | 330,463 | 330,463 |
| Total current liabilities | US$ in thousands | 248,275 | 240,644 | 240,644 | 269,639 | 269,639 |
| Current ratio | 1.18 | 1.22 | 1.22 | 1.23 | 1.23 |
February 28, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $292,782K ÷ $248,275K
= 1.18
The current ratio of Oxford Industries Inc has shown a slight decrease over the years, from 1.23 as of January 28, 2023, to 1.18 as of February 28, 2025. Although the ratio remains above 1, indicating the company's ability to cover its short-term liabilities with its current assets, the downward trend suggests a potential tightening of liquidity. It is important for the company to monitor this ratio closely to ensure adequate liquidity to meet its short-term financial obligations.
Peer comparison
Feb 28, 2025
Company name
Symbol
Current ratio
Oxford Industries Inc
OXM
1.18
Cintas Corporation
CTAS
2.09
Kontoor Brands Inc
KTB
2.70
PVH Corp
PVH
1.27
Ralph Lauren Corp Class A
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1.78
VF Corporation
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1.40