Oxford Industries Inc (OXM)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	—	29,304	—	66,219	—	48,472	—	94,306	—	119,011	—	130,449	—	—	—	—
Total assets	US$ in thousands	1,289,800	1,223,130	1,172,520	1,156,980	1,097,840	1,097,840	1,162,160	1,162,160	1,149,860	1,149,860	1,194,230	1,194,230	1,188,660	1,188,660	1,140,320	1,140,320	957,202	957,202	947,017	947,017
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.03	0.00	0.06	0.00	0.04	0.00	0.08	0.00	0.10	0.00	0.11	0.00	0.00	0.00	0.00

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 variability over the period from April 30, 2022, to February 28, 2025. The ratio remained consistently low and stable at 0.00 for most of the reporting periods, indicating that the company had little to no debt relative to its total assets during these periods.

However, there were a few instances where the ratio showed slight increases, such as in October 29, 2022 (0.11), January 28, 2023 (0.10), April 29, 2023 (0.08), October 28, 2023 (0.06), and February 3, 2024 (0.03). These upticks suggest that the company took on more debt compared to its total assets in those particular periods.

Overall, the consistently low debt-to-assets ratio suggests that Oxford Industries Inc has a conservative financing approach, relying more on equity financing rather than debt to fund its operations and investments. Investors and creditors may view this positively as it indicates lower financial risk and greater financial stability for the company.