REX American Resources Corporation (REX)
Current ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 435,819 | 452,103 | 372,644 | 345,167 | 258,750 |
| Total current liabilities | US$ in thousands | 50,443 | 66,259 | 54,599 | 50,483 | 30,737 |
| Current ratio | 8.64 | 6.82 | 6.83 | 6.84 | 8.42 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $435,819K ÷ $50,443K
= 8.64
The current ratio of REX American Resources Corporation has shown a consistent trend over the past five years. Starting at 8.42 in January 2021, it decreased slightly to 6.84 by January 2022 and has since remained relatively stable around the 6.8 range, with values of 6.83 in January 2023, 6.82 in January 2024, and a small increase to 8.64 by January 2025.
This indicates that the company has a strong ability to cover its short-term obligations with its current assets. While the current ratio has slightly fluctuated, the overall trend suggests that REX American Resources Corporation has maintained a healthy liquidity position over the years.
Peer comparison
Jan 31, 2025