REX American Resources Corporation (REX)
Solvency ratios
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.28 | 1.29 | 1.29 | 1.28 | 1.25 |
The solvency ratios of REX American Resources Corporation indicate a strong financial position with minimal debt relative to assets, capital, and equity. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have consistently remained at 0.00 for the years presented (2021-2025), suggesting that the company is not heavily reliant on debt to finance its operations.
Additionally, the Financial leverage ratio has slightly increased from 1.25 in 2021 to 1.28 in 2025, which implies a modest rise in the company's reliance on debt as part of its capital structure over the years. Despite this increase, the overall financial leverage remains relatively low, indicating a conservative approach to debt management.
In conclusion, based on the solvency ratios provided, REX American Resources Corporation appears to be in a stable financial position with a conservative debt profile, which enhances its ability to weather financial challenges and maintain liquidity in the long term.
Coverage ratios
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
|---|---|---|---|---|---|
| Interest coverage | — | — | 2.25 | 531.42 | 14.09 |
The interest coverage ratio for REX American Resources Corporation has shown significant fluctuations over the years. In January 31, 2021, the interest coverage ratio was 14.09, indicating that the company's operating income was able to cover its interest expenses approximately 14 times. By January 31, 2022, the interest coverage ratio spiked to 531.42, reflecting a substantial improvement in the company's ability to cover its interest obligations.
However, in January 31, 2023, the interest coverage ratio dropped to 2.25, signaling a potential strain on the company's ability to cover its interest expenses with operating income. The data for January 31, 2024 and January 31, 2025 is not available, but it is notable that there are instances where the interest coverage ratio was not provided, which may indicate challenges or changes in the company's financial situation during those periods.
Overall, the fluctuating trend in the interest coverage ratio suggests varying levels of financial risk and operational efficiency for REX American Resources Corporation during the analyzed period. It is crucial for investors and stakeholders to further analyze the company's financial performance and management of debt obligations to assess its financial health and sustainability.