REX American Resources Corporation (REX)

Operating return on assets (Operating ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Operating income (ttm) US$ in thousands 64,265 82,976 83,402 79,803 75,924 53,992 25,761 23,463 25,775 50,340 64,554 61,317 64,182 33,486 30,482 20,514 -2,995 -4,080 -24,631 -19,622
Total assets US$ in thousands 720,008 715,662 680,009 671,019 664,802 627,564 592,936 566,541 579,579 575,039 559,870 548,041 550,361 524,402 505,507 486,140 479,345 475,161 472,338 476,038
Operating ROA 8.93% 11.59% 12.26% 11.89% 11.42% 8.60% 4.34% 4.14% 4.45% 8.75% 11.53% 11.19% 11.66% 6.39% 6.03% 4.22% -0.62% -0.86% -5.21% -4.12%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $64,265K ÷ $720,008K
= 8.93%

The operating return on assets (operating ROA) of REX American Resources Corporation has shown fluctuations over the quarters presented. Starting with negative figures in April 2020 and July 2020, the company reported a gradual improvement in its operating ROA, turning positive in April 2021. The trend continued with increasing percentages until July 2022, where it peaked at 11.53%. However, there was a slight dip in the following quarter, October 2022, before bouncing back in the subsequent periods. The operating ROA demonstrated a mixed performance in the later quarters, with some periods showing double-digit percentages such as in January 2024 and July 2024, indicating improved efficiency in generating earnings from its assets. The most recent data as of January 31, 2025, shows the operating ROA at 8.93%, reflecting a relatively solid performance. Overall, the operational efficiency of REX American Resources Corporation, as measured by its operating ROA, has shown variability but appears to have stabilized at a relatively healthy level in recent periods.