GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Oxford Industries Inc (NYSE:OXM) » Definitions » Effective Interest Rate on Debt %

Oxford Industries (Oxford Industries) Effective Interest Rate on Debt % : 1.36% (As of Jan. 2024)


View and export this data going back to 1964. Start your Free Trial

What is Oxford Industries Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Oxford Industries's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $5 Mil. Oxford Industries's average total debt for the quarter that ended in Jan. 2024 was $348 Mil. Therefore, Oxford Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.36%.


Oxford Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Oxford Industries's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oxford Industries Effective Interest Rate on Debt % Chart

Oxford Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.63 0.34 0.90 1.61

Oxford Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 2.35 1.44 1.40 1.36

Competitive Comparison of Oxford Industries's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Oxford Industries's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oxford Industries's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Oxford Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Oxford Industries's Effective Interest Rate on Debt % falls into.



Oxford Industries Effective Interest Rate on Debt % Calculation

Oxford Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -6.036/( (413.585+337.583)/ 2 )
=-1  *  -6.036/375.584
=1.61 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=339.72 + 73.865
=413.585

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=273.007 + 64.576
=337.583

Oxford Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -4.72/( (357.681+337.583)/ 2 )
=-1  *  -4.72/347.632
=1.36 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=292.457 + 65.224
=357.681

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=273.007 + 64.576
=337.583

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oxford Industries  (NYSE:OXM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Oxford Industries Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Oxford Industries's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Industries (Oxford Industries) Business Description

Traded in Other Exchanges
Address
999 Peachtree Street, Northeast, Suite 688, Atlanta, GA, USA, 30309
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name called Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women's and girl's dresses, sportswear and related products. The company generates a majority of its revenue from the Tommy Bahama division.
Executives
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Scott Grassmyer officer: SVP and CFO 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Chubb Thomas Caldecot Iii director, officer: CEO and PRESIDENT 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Stephen S Lanier director 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309
Carol B Yancey director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Robert S. Trauber officer: CEO Johnny Was 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Tracey Hernandez officer: SVP & CHRO 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Thomas E Campbell officer: General Counsel 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Howard James Wesley Jr officer: PRESIDENT, LANIER CLOTHES 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
John R Holder director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Milford W Mcguirt director 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Clyde C Tuggle director
Suraj A Palakshappa officer: General Counsel 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Virginia A Hepner director 415 EAST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michelle M Kelly officer: President Lilly Pulitzer 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309