REX American Resources Corporation (REX)
Debt-to-equity ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 560,337 | 513,918 | 447,982 | 430,792 | 384,783 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $560,337K
= 0.00
The debt-to-equity ratio of REX American Resources Corporation has consistently been at 0.00 over the five-year period from January 31, 2021, to January 31, 2025. This indicates that the company has no debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt, which can signify a lower financial risk and a stronger financial position. It is important to note that while a low debt-to-equity ratio can be indicative of financial stability, it may also imply limited leverage for potential growth opportunities.
Peer comparison
Jan 31, 2025