REX American Resources Corporation (REX)

Debt-to-assets ratio

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Long-term debt US$ in thousands — — — — —
Total assets US$ in thousands 720,008 664,802 579,579 550,361 479,345
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $720,008K
= 0.00

The debt-to-assets ratio of REX American Resources Corporation has consistently remained at 0.00 from January 31, 2021, to January 31, 2025. This suggests that the company has not taken on any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's assets are entirely financed by equity, which may signal a low financial risk and strong financial position. However, it's important to consider other financial metrics and factors when evaluating the overall financial health and performance of the company.