Oxford Industries Inc (OXM)
Debt-to-assets ratio
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 29,304 | — | 119,011 |
| Total assets | US$ in thousands | 1,289,800 | 1,097,840 | 1,097,840 | 1,188,660 | 1,188,660 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.03 | 0.00 | 0.10 |
February 28, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,289,800K
= 0.00
The debt-to-assets ratio of Oxford Industries Inc has shown consistently low levels over the years, indicating a strong financial position with a relatively low dependency on debt to finance its operations. As of February 28, 2025, the ratio stands at 0.00, suggesting that the company's total debt is negligible compared to its total assets. This implies that Oxford Industries Inc has a solid financial structure and is less vulnerable to financial risks associated with high debt levels. The downward trend in the ratio over the years further demonstrates prudent financial management and efficient utilization of assets to generate revenue without relying heavily on borrowed funds.
Peer comparison
Feb 28, 2025