Oxford Industries Inc (OXM)

Current ratio

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 3, 2024	Nov 30, 2023	Oct 28, 2023	Aug 31, 2023	Jul 29, 2023	May 31, 2023	Apr 29, 2023	Feb 28, 2023	Jan 28, 2023	Nov 30, 2022	Oct 29, 2022	Aug 31, 2022	Jul 30, 2022	May 31, 2022	Apr 30, 2022
Total current assets	US$ in thousands	292,782	307,103	287,196	298,363	293,115	293,115	291,379	291,379	282,380	282,380	327,704	327,704	330,463	330,463	299,495	299,495	421,248	421,248	407,912	407,912
Total current liabilities	US$ in thousands	248,275	216,587	226,924	225,585	240,644	240,644	212,512	212,512	232,561	232,561	242,046	242,046	269,639	269,639	230,395	230,395	222,640	222,640	226,417	226,417
Current ratio		1.18	1.42	1.27	1.32	1.22	1.22	1.37	1.37	1.21	1.21	1.35	1.35	1.23	1.23	1.30	1.30	1.89	1.89	1.80	1.80

February 28, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $292,782K ÷ $248,275K
= 1.18

Oxford Industries Inc's current ratio has exhibited fluctuations over the specified time period. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, was relatively stable around 1.80 to 1.89 from April 30, 2022, to August 31, 2022.

However, there was a significant decrease in the current ratio to 1.30 by October 29, 2022, and this lower level was maintained until November 30, 2023. This could indicate potential liquidity concerns during this period as the company may have had difficulty meeting its short-term obligations.

The current ratio showed some improvement to 1.35 by April 29, 2023, but then declined again to 1.21 by August 31, 2023. The ratio increased to 1.37 by October 28, 2023, before dropping to 1.22 on February 3, 2024, and remaining at this level until February 29, 2024.

Subsequently, there was a slight increase to 1.32 by May 31, 2024, followed by a decrease to 1.27 by August 31, 2024. The ratio then improved to 1.42 by November 30, 2024, indicating better short-term liquidity. However, there was a decline to 1.18 by February 28, 2025, suggesting potential liquidity challenges at that point.

Overall, the current ratio of Oxford Industries Inc has shown variability, with periods of stronger and weaker liquidity positions. It is important for investors and stakeholders to monitor these fluctuations to assess the company's ability to meet its short-term obligations.