REX American Resources (REX American Resources) Debt-to-Equity : 0.03 (As of Jan. 2024)

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What is REX American Resources Debt-to-Equity?

REX American Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4.5 Mil. REX American Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $8.4 Mil. REX American Resources's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $513.9 Mil. REX American Resources's debt to equity for the quarter that ended in Jan. 2024 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for REX American Resources's Debt-to-Equity or its related term are showing as below:

REX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 0.04
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of REX American Resources was 0.04. The lowest was 0.03. And the median was 0.03.

REX's Debt-to-Equity is ranked better than
92.05% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs REX: 0.03

REX American Resources Debt-to-Equity Historical Data

The historical data trend for REX American Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REX American Resources Debt-to-Equity Chart

REX American Resources Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

REX American Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Competitive Comparison of REX American Resources's Debt-to-Equity

For the Chemicals subindustry, REX American Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

REX American Resources's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, REX American Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where REX American Resources's Debt-to-Equity falls into.

REX American Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

REX American Resources's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.469	+	8.378)	/	513.918
	=	0.02

REX American Resources's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.469	+	8.378)	/	513.918
	=	0.02

REX American Resources (NYSE:REX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

REX American Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of REX American Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

REX American Resources (REX American Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » REX American Resources Corp (NYSE:REX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RX3:Germany

Address

7720 Paragon Road, Dayton, OH, USA, 45459

Website

https://www.rexamerican.com

REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.

Executives

Douglas Bruggeman	officer: CFO, VP-Finance, Treasurer	7720 PARAGON ROAD, DAYTON OH 45459
Cheryl Lea Bustos	director	43 SUGARCREEK TRAIL, GALENA IL 61036
Stuart A Rose	director, 10 percent owner, officer: COB; CEO	7720 PARAGON ROAD, DAYTON OH 45459
Mervyn L Alphonso	director	7720 PARAGON ROAD, DAYTON OH 45459
Anne Macmillan	director	7720 PARAGON ROAD, DAYTON OH 45459
Lawrence Tomchin	director	7720 PARAGON ROAD, DAYTON OH 45459
Zafar A Rizvi	officer: VP Loss Prevention	7720 PARAGON ROAD, DAYTON OH 45459
Edward M Kress	director, officer: Secretary	6505 LANDSEND COURT, DAYTON OH 45414
J. Dennis Hastert	director	20 S. WACKER DRIVE, CHICAGO IL 60606
David Fuchs	officer: VP Mgmt Information Systems	1366 HOLLOWCREEK DRIVE, MIAMISBURG OH 45342
Keith B Magby	officer: VP Operations	1947 FOUNTAINVIEW DRIVE, DAYTON OH 45414
David L Bearden	officer: President;COO	1517 WOODS DRIVE - UNIT 209, ARLINGTON HEIGHTS IL 60004
Philip J Kellar	officer: VP Store Operations	P O BOX 6592, KINGSPORT TN 37663
Lee Fisher	director	3605 WARRENSVILLE CENTER ROAD, SHAKER HEIGHTS OH 44122
David Harris	director	237 PARK AVENUE - SUITE 900, NEW YORK NY 10017