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Oxford Industries (Oxford Industries) Interest Coverage

: 27.25 (As of Jan. 2024)
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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Oxford Industries's Operating Income for the three months ended in Jan. 2024 was $32 Mil. Oxford Industries's Interest Expense for the three months ended in Jan. 2024 was $-1 Mil. Oxford Industries's interest coverage for the quarter that ended in Jan. 2024 was 27.25. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Oxford Industries's Interest Coverage or its related term are showing as below:

OXM' s Interest Coverage Range Over the Past 10 Years
Min: 26.27   Med: 39.67   Max: 175.32
Current: 32.24


OXM's Interest Coverage is ranked better than
80.7% of 710 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.35 vs OXM: 32.24

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Oxford Industries Interest Coverage Historical Data

The historical data trend for Oxford Industries's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Oxford Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.24 - 175.32 71.75 32.24

Oxford Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 21.86 34.29 52.18 11.88 27.25

Competitive Comparison

For the Apparel Manufacturing subindustry, Oxford Industries's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution

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

* The bar in red indicates where Oxford Industries's Interest Coverage falls into.



Oxford Industries Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oxford Industries's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Oxford Industries's Interest Expense was $-6 Mil. Its Operating Income was $195 Mil. And its Long-Term Debt & Capital Lease Obligation was $273 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2024 )/Interest Expense (A: Jan. 2024 )
=-1*194.593/-6.036
=32.24

Oxford Industries's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Oxford Industries's Interest Expense was $-1 Mil. Its Operating Income was $32 Mil. And its Long-Term Debt & Capital Lease Obligation was $273 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*32.158/-1.18
=27.25

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Oxford Industries  (NYSE:OXM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Oxford Industries Interest Coverage Related Terms

Thank you for viewing the detailed overview of Oxford Industries's Interest Coverage 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