REX American Resources Corporation (REX)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $560,337K)
= 0.00
The debt-to-capital ratio of REX American Resources Corporation has consistently been reported as 0.00 from April 2020 to January 2025. This indicates that the company has not taken on any debt in relation to its capital during this period. A debt-to-capital ratio of 0.00 suggests that the company is primarily financed through equity rather than debt, which may be perceived positively by investors and creditors as it signifies a lower financial risk and a potentially stronger financial position. However, it is important to note that this ratio alone may not provide a complete picture of the company's overall financial health, and further analysis of other financial ratios and metrics would be necessary to assess REX American Resources Corporation's financial performance comprehensively.
Peer comparison
Jan 31, 2025