Oxford Industries Inc (OXM)
Solvency ratios
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.03 | 0.00 | 0.10 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.05 | 0.00 | 0.18 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.05 | 0.00 | 0.21 |
| Financial leverage ratio | 2.07 | 1.96 | 1.96 | 2.14 | 2.14 |
Oxford Industries Inc's solvency ratios indicate a strong financial position with consistently low levels of debt relative to its assets, capital, and equity over the years. The Debt-to-assets ratio has remained low, ranging from 0.00 to 0.10, suggesting that the company relies minimally on debt to finance its assets.
Similarly, the Debt-to-capital ratio and Debt-to-equity ratio show a similar pattern of minimal debt usage, staying at or near 0.00 in recent years. This indicates that Oxford Industries funds a significant portion of its operations through equity and retained earnings rather than debt.
The Financial leverage ratio, which measures the extent to which the company relies on debt financing, has remained relatively stable around 2.00, indicating a moderate level of financial leverage.
Overall, the solvency ratios of Oxford Industries Inc suggest a prudent financial management strategy focused on maintaining a low debt burden and a strong balance sheet position.
Coverage ratios
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | |
|---|---|---|---|---|---|
| Interest coverage | 48.23 | 13.42 | — | 71.75 | — |
To analyze Oxford Industries Inc's interest coverage over the specified periods:
1. As of January 28, 2023, the interest coverage ratio was not provided.
2. By February 28, 2023, the interest coverage ratio improved significantly to 71.75, indicating the company's strong ability to cover interest payments with its earnings.
3. As of February 3, 2024, the interest coverage ratio was not available for analysis.
4. By February 29, 2024, the interest coverage ratio decreased to 13.42 compared to the previous period, suggesting a lower ability to cover interest expenses with earnings.
5. In the most recent period ending February 28, 2025, the interest coverage ratio increased to 48.23, signifying an improvement in the company's ability to cover interest obligations with its earnings.
Overall, the analysis shows variability in Oxford Industries Inc's interest coverage ratio over the covered periods, with improvements in some periods and declines in others. It is important to monitor this ratio over time to assess the company's financial health and ability to meet its debt obligations.