REX American Resources Corporation (REX)
Cash ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 196,255 | 223,397 | 69,612 | 229,846 | 144,501 |
| Short-term investments | US$ in thousands | 162,820 | 155,260 | 211,331 | 25,877 | 36,194 |
| Total current liabilities | US$ in thousands | 50,443 | 66,259 | 54,599 | 50,483 | 30,737 |
| Cash ratio | 7.12 | 5.71 | 5.15 | 5.07 | 5.88 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($196,255K
+ $162,820K)
÷ $50,443K
= 7.12
The cash ratio of REX American Resources Corporation has shown a consistent and healthy trend over the past five years. Starting at 5.88 on January 31, 2021, it decreased slightly to 5.07 on January 31, 2022, but then recovered and increased to 5.15 on January 31, 2023. The ratio further improved to 5.71 on January 31, 2024, and continued to strengthen to 7.12 on January 31, 2025. This indicates that the company has a sufficient level of cash to cover its current liabilities, reflecting good liquidity and financial stability. The increasing trend in the cash ratio suggests that REX American Resources Corporation has been effectively managing its cash resources over the years.
Peer comparison
Jan 31, 2025