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Oxford Industries (Oxford Industries) Return-on-Tangible-Asset : -30.55% (As of Jan. 2024)


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What is Oxford Industries Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Oxford Industries's annualized Net Income for the quarter that ended in Jan. 2024 was $-240 Mil. Oxford Industries's average total tangible assets for the quarter that ended in Jan. 2024 was $787 Mil. Therefore, Oxford Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 was -30.55%.

The historical rank and industry rank for Oxford Industries's Return-on-Tangible-Asset or its related term are showing as below:

OXM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.95   Med: 11.39   Max: 21.21
Current: 7.79

During the past 13 years, Oxford Industries's highest Return-on-Tangible-Asset was 21.21%. The lowest was -12.95%. And the median was 11.39%.

OXM's Return-on-Tangible-Asset is ranked better than
81.55% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.92 vs OXM: 7.79

Oxford Industries Return-on-Tangible-Asset Historical Data

The historical data trend for Oxford Industries's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Oxford Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.73 -12.95 17.94 21.21 7.62

Oxford Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Return-on-Tangible-Asset 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 16.86 29.72 26.71 5.70 -30.55

Competitive Comparison of Oxford Industries's Return-on-Tangible-Asset

For the Apparel Manufacturing subindustry, Oxford Industries's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Oxford Industries's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oxford Industries's Return-on-Tangible-Asset falls into.



Oxford Industries Return-on-Tangible-Asset Calculation

Oxford Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=60.703/( (784.322+808.553)/ 2 )
=60.703/796.4375
=7.62 %

Oxford Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-240.28/( (764.482+808.553)/ 2 )
=-240.28/786.5175
=-30.55 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jan. 2024) net income data.


Oxford Industries  (NYSE:OXM) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Oxford Industries Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Oxford Industries's Return-on-Tangible-Asset 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