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REX American Resources (FRA:RX3) Interest Expense : €0.0 Mil (TTM As of Apr. 2024)


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What is REX American Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. REX American Resources's interest expense for the three months ended in Apr. 2024 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was €0.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. REX American Resources's Operating Income for the three months ended in Apr. 2024 was € 7.8 Mil. REX American Resources's Interest Expense for the three months ended in Apr. 2024 was € 0.0 Mil. GuruFocus does not calculate REX American Resources's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


REX American Resources Interest Expense Historical Data

The historical data trend for REX American Resources's Interest Expense 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.

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REX American Resources Interest Expense Chart

REX American Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
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REX American Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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REX American Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

* 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.


REX American Resources  (FRA:RX3) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

REX American Resources's Interest Expense for the three months ended in Apr. 2024 was €0.0 Mil. Its Operating Income for the three months ended in Apr. 2024 was €7.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was €7.2 Mil.

REX American Resources's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

GuruFocus does not calculate REX American Resources's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. REX American Resources Corp has enough cash to cover all of its debt. Its financial situation is stable.


REX American Resources (FRA:RX3) Business Description

Traded in Other Exchanges
Address
7720 Paragon Road, Dayton, OH, USA, 45459
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.

REX American Resources (FRA:RX3) Headlines

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