REX American Resources Corporation (REX)
Operating return on assets (Operating ROA)
Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 64,329 | 68,839 | 25,775 | 69,084 | 1,894 |
Total assets | US$ in thousands | 720,008 | 664,802 | 579,579 | 550,361 | 479,345 |
Operating ROA | 8.93% | 10.35% | 4.45% | 12.55% | 0.40% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $64,329K ÷ $720,008K
= 8.93%
The operating return on assets (ROA) of REX American Resources Corporation has exhibited variability over the period from January 31, 2021, to January 31, 2025. The ROA increased sharply from 0.40% in January 2021 to 12.55% in January 2022, indicating a significant improvement in the company's ability to generate operating profits from its assets during that period.
However, there was a subsequent decline in the operating ROA to 4.45% in January 2023, suggesting a decrease in the company's operating efficiency in utilizing its assets to generate earnings. The ROA then rebounded to 10.35% in January 2024 and slightly decreased to 8.93% in January 2025.
Overall, the operating ROA trend indicates that REX American Resources Corporation experienced fluctuations in its operating profitability relative to its assets during the period under review. Investors and stakeholders may want to further investigate the factors influencing these fluctuations to better understand the company's operational performance and financial health.
Peer comparison
Jan 31, 2025