REX American Resources Corporation (REX)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 58,167 | 67,637 | 69,213 | 65,890 | 60,935 | 48,528 | 25,636 | 27,751 | 27,697 | 40,962 | 53,056 | 49,762 | 52,364 | 34,481 | 28,044 | 18,420 | 3,001 | 3,860 | -7,033 | -3,029 |
Total stockholders’ equity | US$ in thousands | 560,337 | 564,491 | 539,633 | 524,467 | 513,918 | 492,993 | 466,560 | 453,641 | 447,982 | 439,472 | 442,784 | 436,018 | 430,792 | 409,323 | 399,272 | 392,609 | 384,783 | 381,909 | 386,354 | 389,488 |
ROE | 10.38% | 11.98% | 12.83% | 12.56% | 11.86% | 9.84% | 5.49% | 6.12% | 6.18% | 9.32% | 11.98% | 11.41% | 12.16% | 8.42% | 7.02% | 4.69% | 0.78% | 1.01% | -1.82% | -0.78% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $58,167K ÷ $560,337K
= 10.38%
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability by showing how much profit it generates with the shareholders' equity invested in the company. For REX American Resources Corporation, the ROE fluctuated over the analyzed periods.
The ROE started at negative values in April and July 2020, indicating that the company was not efficiently utilizing its equity to generate profits during that time. However, the ROE turned positive in October 2020 and continued to increase gradually until January 2022, indicating an improvement in profitability relative to the shareholders' equity.
From January 2022 to July 2022, there was a significant increase in ROE, reaching a peak of 11.98% in July 2022. This could suggest improved operational efficiency and effective management of the company's resources during this period.
However, the ROE showed some fluctuations in the subsequent periods, with values ranging between 5.49% and 12.83% up to July 2024. This may indicate some variability in the company's profitability and efficiency in utilizing shareholder equity during these periods.
Overall, the trend of ROE for REX American Resources Corporation shows periods of both improvement and fluctuations, highlighting the importance of ongoing monitoring and analysis to assess the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Jan 31, 2025