REX American Resources Corporation (REX)
Financial leverage ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 720,008 | 664,802 | 579,579 | 550,361 | 479,345 |
| Total stockholders’ equity | US$ in thousands | 560,337 | 513,918 | 447,982 | 430,792 | 384,783 |
| Financial leverage ratio | 1.28 | 1.29 | 1.29 | 1.28 | 1.25 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $720,008K ÷ $560,337K
= 1.28
The financial leverage ratio of REX American Resources Corporation has shown a slight increasing trend over the past five years, from 1.25 in January 2021 to 1.28 in January 2025. This ratio indicates that the company relies more on debt financing than equity financing. With a ratio consistently above 1, REX American Resources Corporation carries a higher level of financial risk due to its leveraged capital structure. It is crucial for investors and creditors to closely monitor this trend to assess the company's ability to meet its debt obligations and overall financial stability.
Peer comparison
Jan 31, 2025