Oxford Industries Inc (OXM)
Interest coverage
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 119,036 | 80,982 | 80,982 | 218,774 | 218,774 |
| Interest expense | US$ in thousands | 2,468 | 6,036 | — | 3,049 | — |
| Interest coverage | 48.23 | 13.42 | — | 71.75 | — |
February 28, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $119,036K ÷ $2,468K
= 48.23
The interest coverage ratio of Oxford Industries Inc for the periods provided shows fluctuations over time. As of February 28, 2025, the interest coverage ratio stands at 48.23, indicating the company's ability to meet its interest obligations comfortably. This suggests that Oxford Industries Inc is generating earnings at a level that can cover its interest expenses almost 48 times over. Comparing this to the previous periods, we see a significant drop from February 28, 2023, where the interest coverage ratio was 71.75, and a slight increase from February 29, 2024, where the ratio was 13.42.
Although the company's interest coverage ratio improved since February 29, 2024, it is essential to monitor this ratio over time to ensure that Oxford Industries Inc can consistently meet its interest payment obligations and maintain financial stability.
Peer comparison
Feb 28, 2025