Oxford Industries Inc (OXM)

Return on total capital

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	80,982	202,545	215,400	223,097	218,774	210,671	213,963	206,588	165,503	116,871	72,546	-3,467	-123,849	-86,144	-69,832	-21,556	93,675	94,596	95,707	91,961
Long-term debt	US$ in thousands	29,304	66,219	48,472	94,306	119,011	130,449	—	—	—	—	—	—	—	34,802	65,000	207,618	—	—	—	33,182
Total stockholders’ equity	US$ in thousands	560,914	627,113	624,629	607,425	556,270	533,039	534,016	513,420	507,664	495,469	473,699	427,901	405,728	418,946	431,550	438,695	528,598	516,816	518,949	493,172
Return on total capital		13.72%	29.21%	32.00%	31.79%	32.40%	31.75%	40.07%	40.24%	32.60%	23.59%	15.31%	-0.81%	-30.53%	-18.98%	-14.06%	-3.34%	17.72%	18.30%	18.44%	17.47%

February 3, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $80,982K ÷ ($29,304K + $560,914K)
= 13.72%

The return on total capital for Oxford Industries Inc has fluctuated over the past few quarters, ranging from negative figures to double-digit percentages. The return on total capital was particularly strong in the recent quarters, with figures exceeding 30% for several periods. This indicates that the company has been effectively utilizing its total capital to generate profits.

However, there were also periods of lower returns on total capital, with negative figures in some cases, indicating potential challenges or inefficiencies in capital utilization during those periods.

Overall, the return on total capital for Oxford Industries Inc has shown significant variability, reflecting fluctuations in the company's ability to generate profits relative to the total capital employed. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the company's overall financial performance.