Oxford Industries Inc (OXM)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 622,560 | 560,914 | 560,914 | 556,270 | 556,270 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.05 | 0.00 | 0.21 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $622,560K
= 0.00
The debt-to-equity ratio of Oxford Industries Inc has shown a declining trend over the years based on the data provided. As of January 28, 2023, the ratio stood at 0.21, indicating that for every dollar of equity, the company had $0.21 of debt. The ratio significantly improved by February 28, 2023, reaching 0.00, implying that the company had no debt relative to its equity.
Subsequently, the ratio slightly increased to 0.05 by February 3, 2024, but then decreased back to 0.00 by the end of February 29, 2024, suggesting a debt-free position or a very low level of debt compared to equity.
As of the latest available data on February 28, 2025, the debt-to-equity ratio remained at 0.00, reinforcing the company's strong financial position with minimal reliance on debt to finance its operations. Overall, the decreasing trend in the debt-to-equity ratio indicates prudent financial management and a sound capital structure for Oxford Industries Inc.
Peer comparison
Feb 28, 2025