Oxford Industries Inc (OXM)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 assets | US$ in thousands | 1,097,840 | 1,162,160 | 1,149,860 | 1,194,230 | 1,188,660 | 1,140,320 | 957,202 | 947,017 | 957,642 | 932,803 | 931,749 | 900,982 | 865,634 | 902,017 | 952,549 | 1,097,470 | 1,033,370 | 1,013,080 | 1,010,190 | 1,024,420 |
| Debt-to-assets ratio | 0.03 | 0.06 | 0.04 | 0.08 | 0.10 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.07 | 0.19 | 0.00 | 0.00 | 0.00 | 0.03 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $29,304K ÷ $1,097,840K
= 0.03
The debt-to-assets ratio for Oxford Industries Inc has shown variability over the past few quarters. The ratio was relatively low in the earlier quarters of the time series, indicating a conservative capital structure with a low level of debt in relation to total assets. However, in some quarters such as Apr 29, 2023, Jan 28, 2023, and Oct 29, 2022, the ratio increased notably, reaching levels of 0.08, 0.10, and 0.11 respectively, suggesting a higher reliance on debt to finance its assets during those periods.
In contrast, there were several quarters, including Jul 30, 2022, Apr 30, 2022, Jan 29, 2022, Oct 30, 2021, and subsequent periods, where the debt-to-assets ratio dropped to zero, which could indicate either a restructuring of the debt or a significant decrease in the level of debt relative to total assets.
Overall, the trend in the debt-to-assets ratio for Oxford Industries Inc appears to have been fluctuating, reflecting varying levels of leverage in the company's capital structure over the analyzed period. Further analysis would be required to understand the specific reasons behind these fluctuations and their implications for the company's financial health.
Peer comparison
Feb 3, 2024