REX American Resources Corporation (REX)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $560,337K
= 0.00
The debt-to-equity ratio of REX American Resources Corporation has been consistently 0.00 for the period spanning from April 30, 2020, to January 31, 2025. This indicates that the company has not utilized any debt to finance its operations relative to its equity during this time frame. A debt-to-equity ratio of 0.00 may suggest that the company is relying solely on equity capital for funding, which can be perceived as a positive indicator of financial stability and a lower level of financial risk. However, it's essential to note that a very low debt-to-equity ratio may also indicate missed opportunities for leveraging financial leverage for potential growth or expansion.
Peer comparison
Jan 31, 2025