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Rex American Resources Corporation  (REX)
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Rex American Resources's Leverage Ratio

REX's quarterly Leverage Ratio and Total Liabilities, Equity growth


Despite a net increase in borrowings by 6.15%, Rex American Resources managed to enhance Leverage Ratio in the third quarter 2023 to 0.21, falling below the company's typical Leverage Ratio.

Within Chemical Manufacturing industry in the third quarter 2023, 8 other companies have achieved lower Leverage Ratio than Rex American Resources in the III Quarter 2023. While Leverage Ratio total ranking has improved so far in the third quarter 2023 to 472, from total ranking in the second quarter 2023 at 528 .

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Who are REX Customers?
What are REX´s Total Liabilities?


REX Leverage Ratio (Oct 31 2023)
III. Quarter
(Jul 31 2023)
II. Quarter
(Apr 30 2023)
I. Quarter
(Jan 31 2023)
IV. Quarter
(Oct 31 2022)
III. Quarter
Y / Y Equity Change 12.72 % 5.98 % 4.61 % 4.81 % 7.97 %
Y / Y Total Liabilities Change 1.32 % -2.91 % -11.81 % -5.97 % 10.75 %
Leverage Ratio MRQ 0.21 0.21 0.18 0.22 0.23
REX's Total Ranking # 472 # 528 # 442 # 554 # 594
Seq. Equity Change 6 % 3.12 % 1.25 % 1.84 % -0.34 %
Seq. Total Liabilities Change 6.15 % 15.43 % -15.68 % -1.94 % 1.72 %



Leverage Ratio third quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 9
Basic Materials Sector # 38
Overall Market # 472


Leverage Ratio Statistics
High Average Low
0.66 0.3 0.16
(Jan 31 2012)   (Apr 30 2020)




Financial Statements
Rex American Resources's Equity $ 566 Millions Visit REX's Balance sheet
Rex American Resources's Total Liabilities $ 116 Millions Visit REX's Balance sheet
Source of REX's Sales Visit REX's Sales by Geography


Cumulative Rex American Resources's Leverage Ratio

REX's Leverage Ratio for the trailling 12 Months

REX Leverage Ratio

(Oct 31 2023)
III. Quarter
(Jul 31 2023)
II. Quarter
(Apr 30 2023)
I. Quarter
(Jan 31 2023)
IV. Quarter
(Oct 31 2022)
III. Quarter
Y / Y Equity TTM Growth 12.72 % 5.98 % 4.61 % 4.81 % 7.97 %
Y / Y Total Liabilities TTM Growth 1.32 % -2.91 % -11.81 % -5.97 % 10.75 %
Leverage Ratio TTM 0.2 0.21 0.21 0.22 0.23
Total Ranking TTM # 2 # 1 # 2 # 559 # 301
Seq. Equity TTM Growth 6 % 3.12 % 1.25 % 1.84 % -0.34 %
Seq. Total Liabilities TTM Growth 6.15 % 15.43 % -15.68 % -1.94 % 1.72 %


On the trailing twelve months basis Despite of the net new borrowings of 6.15% during the twelve months period ending in III Quarter 2023 Rex American Resources has managed to decrease Leverage Ratio in the III Quarter 2023 to 0.2, above the REX's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Chemical Manufacturing industry REX recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 1 to 2.

Explain Leverage Ratio?
Who are REX Customers?
What are REX´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 0
Basic Materials Sector # 0
Within the Market # 2


trailing twelve months Leverage Ratio Statistics
High Average Low
0.42 0.15 0.08
(Dec. 30, 2013)   (Apr 30 2019)




Companies with similar Leverage Ratio in the quarter ending Oct 31 2023, within Chemical Manufacturing Industry Leverage RatioOct 31 2023 MRQ Total LiabilitiesOct 31 2023 MRQ Equity
Balchem Corp  0.56 $ 578.217  Millions$ 1,025.267  Millions
Flotek Industries Inc  0.53 $ 52.912  Millions$ 99.604  Millions
Flexible Solutions International Inc  0.53 $ 19.355  Millions$ 36.487  Millions
Hawkins Inc   0.50 $ 192.641  Millions$ 382.656  Millions
Innospec Inc   0.44 $ 493.200  Millions$ 1,128.100  Millions
Comstock Inc   0.41 $ 28.662  Millions$ 69.869  Millions
Red Trail Energy Llc  0.38 $ 31.710  Millions$ 83.372  Millions
Asp Isotopes Inc   0.37 $ 3.232  Millions$ 8.639  Millions
Xpel Inc   0.36 $ 60.223  Millions$ 166.553  Millions
Livent Corporation  0.36 $ 620.500  Millions$ 1,740.600  Millions
Cardinal Ethanol Llc  0.33 $ 57.460  Millions$ 172.533  Millions
Arq Inc   0.32 $ 56.310  Millions$ 174.294  Millions
Northern Technologies International Corporation  0.30 $ 21.064  Millions$ 70.699  Millions
Loop Industries Inc   0.28 $ 6.324  Millions$ 22.832  Millions
Lake Area Corn Processors Llc  0.24 $ 31.792  Millions$ 130.059  Millions
Evogene Ltd   0.24 $ 6.944  Millions$ 28.685  Millions
Cn Energy Group Inc   0.24 $ 24.708  Millions$ 103.562  Millions
Rex American Resources Corporation  0.21 $ 116.163  Millions$ 565.548  Millions
Tomi Environmental Solutions Inc   0.20 $ 1.923  Millions$ 9.481  Millions
Nl Industries inc   0.18 $ 69.647  Millions$ 385.708  Millions
Gevo inc   0.17 $ 96.415  Millions$ 571.531  Millions
Futurefuel Corp   0.16 $ 48.837  Millions$ 296.999  Millions
Origin Materials Inc   0.11 $ 46.954  Millions$ 424.087  Millions
Stratos Renewables Corporation  0.04 $ 0.004  Millions$ 0.103  Millions

Date modified: 2023-12-05T13:08:22+00:00



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