REX American Resources Corporation (REX)

Return on assets (ROA)

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Net income	US$ in thousands	58,167	60,935	27,697	52,364	3,001
Total assets	US$ in thousands	720,008	664,802	579,579	550,361	479,345
ROA		8.08%	9.17%	4.78%	9.51%	0.63%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $58,167K ÷ $720,008K
= 8.08%

The Return on Assets (ROA) of REX American Resources Corporation has displayed fluctuations over the past five years, ranging from 0.63% in January 2021 to a peak of 9.51% in January 2022. The ROA then decreased to 4.78% in January 2023 but subsequently improved to 9.17% in January 2024. In the most recent period ending January 31, 2025, the ROA stood at 8.08%.

These variations in ROA indicate the company's ability to generate profits relative to its total assets. The significant increase in ROA from 2021 to 2022 suggests an improvement in operational efficiency or asset utilization. However, the subsequent dip in ROA in 2023 might signal a period of lower profitability or less effective asset management.

Overall, the positive ROA values over the years indicate that REX American Resources Corporation has been generating returns from its assets, with the recent values in the range of 8-9%, indicating a relatively healthy performance in utilizing its assets to generate profits.