Oxford Industries Inc (OXM)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.10 | 0.00 | 0.07 | 0.00 | 0.13 | 0.00 | 0.18 | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.11 | 0.00 | 0.08 | 0.00 | 0.16 | 0.00 | 0.21 | 0.00 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.07 | 2.00 | 1.89 | 1.95 | 1.96 | 1.96 | 1.85 | 1.85 | 1.84 | 1.84 | 1.97 | 1.97 | 2.14 | 2.14 | 2.14 | 2.14 | 1.79 | 1.79 | 1.84 | 1.84 |
Oxford Industries Inc has shown strong solvency ratios over the past few years, with consistently low debt-to-assets, debt-to-capital, and debt-to-equity ratios. These ratios indicate that the company has very little debt relative to its assets, capital, and equity, reflecting a conservative approach to leverage.
The debt-to-assets ratio, which measures the proportion of the company's assets financed by debt, has been consistently low, ranging from 0% to a peak of 11% in October 2022.
The debt-to-capital ratio, which indicates the proportion of the company's capital that is financed by debt, has also been minimal, with values mostly at 0% except for a peak of 20% in October 2022.
Similarly, the debt-to-equity ratio, showing the extent to which the company relies on debt to finance its operations compared to equity, has been very low, with values mostly at 0% except for a peak of 24% in October 2022.
The financial leverage ratio, a measure of the company's financial risk and indicates the proportion of the company's assets that are financed by debt, has been stable around 1.8 to 2.1 in recent years, indicating a moderate level of financial leverage.
Overall, Oxford Industries Inc's strong solvency ratios suggest a healthy financial position with a conservative debt structure, which bodes well for the company's long-term stability and ability to meet its financial obligations.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 48.23 | 6.27 | -27.04 | -29.35 | -55.90 | 6.02 | 65.34 | 63.23 | 81.33 | 64.25 | 57.65 | 74.16 | 53.24 | 175.01 | 211.29 | 492.32 | 586.62 | 517.63 | 431.08 | 354.68 |
Oxford Industries Inc's interest coverage ratio has shown fluctuations over the period from April 30, 2022, to February 28, 2025. The interest coverage ratio represents the company's ability to meet its interest payments on outstanding debt obligations.
The interest coverage ratio has generally been strong, starting at 354.68 on April 30, 2022, reaching a peak of 586.62 on August 31, 2022, and then fluctuating between 211.29 and 517.63 during the subsequent periods.
However, a significant decline in the interest coverage ratio is observed from January 28, 2023, onwards, dropping to a low of 6.02 on February 3, 2024. This indicates potential concerns about Oxford Industries Inc's ability to comfortably cover its interest expenses with its earnings during this period.
Subsequently, the interest coverage ratio continues to show fluctuations, with negative values recorded in some periods. This may raise red flags regarding the company's financial stability and ability to service its debt obligations using its operating income.
Overall, the trend in Oxford Industries Inc's interest coverage ratio suggests varying levels of financial risk and highlights the importance of monitoring the company's ability to generate sufficient earnings to cover its interest costs and maintain financial health.