Oxford Industries Inc (OXM)

Solvency ratios

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Debt-to-assets ratio 0.03 0.10 0.00 0.00 0.00
Debt-to-capital ratio 0.05 0.18 0.00 0.00 0.00
Debt-to-equity ratio 0.05 0.21 0.00 0.00 0.00
Financial leverage ratio 1.96 2.14 1.89 2.13 1.95

Oxford Industries Inc has shown a consistent improvement in its solvency ratios over the past five fiscal years. The debt-to-assets ratio has decreased from 0.10 in January 2023 to 0.03 in February 2024, indicating that the company is relying less on debt to finance its assets.

Similarly, the debt-to-capital ratio has decreased from 0.18 to 0.05 over the same period, showing a reduced reliance on debt in the company's capital structure. The debt-to-equity ratio has also improved from 0.21 to 0.05, indicating that the company has a lower level of debt relative to its equity.

Furthermore, the financial leverage ratio has shown a consistent downward trend from 2.14 in January 2023 to 1.96 in February 2024. This suggests that the company has been able to reduce its financial leverage over time, which is a positive sign for its solvency and financial stability.

Overall, the solvency ratios of Oxford Industries Inc demonstrate a healthy financial position and a decreasing reliance on debt financing, which bodes well for the company's long-term sustainability and ability to meet its obligations.


Coverage ratios

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Interest coverage

Based on the data provided, the interest coverage ratio for Oxford Industries Inc is not available for the last five fiscal years (Feb 3, 2024 to Feb 1, 2020). This could be due to missing information or the company not disclosing this particular financial metric in their reports. The interest coverage ratio is a key financial ratio that indicates a company's ability to meet its interest obligations with its operating income. Without this data, it is challenging to assess the company's ability to handle its interest payments with its earnings. It would be beneficial for stakeholders to seek further clarification from the company or refer to additional financial reports for a more comprehensive analysis of Oxford Industries Inc's financial health in terms of interest coverage.