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REX American Resources (FRA:RX3) 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 €4.1 Mil. REX American Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €7.7 Mil. REX American Resources's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €471.8 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:

FRA:RX3' 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.

FRA:RX3's Debt-to-Equity is ranked better than
91.69% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs FRA:RX3: 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 Premium Member Only Premium Member Only 0.04 0.03 0.03 0.03 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

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

* 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) 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 (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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