REX American Resources Corporation (REX) Financial Statements (2024 and earlier)

Company Profile

Business Address 7720 PARAGON ROAD
DAYTON, OH 45459
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments280,943255,72336,194205,731203,506190,988
Cash and cash equivalents69,612229,846 179,658188,531190,988
Short-term investments211,33125,87736,19426,07314,975 
Restricted cash and investments 1,7352,222146,158  354
Receivables28,12432,49825,73318,99819,07319,525
Inventory, net of allowances, customer advances and progress billings48,74442,22537,88035,63418,47720,755
Inventory48,74442,22537,88035,63418,47720,755
Derivative instruments and hedges, assets 80933    
Other undisclosed current assets13,01811,56612,78510,7729,5657,412
Total current assets:372,644345,167258,750271,135250,621239,034
Noncurrent Assets
Operating lease, right-of-use asset15,21411,22112,67816,173
Property, plant and equipment135,497137,554153,186163,327182,521197,827
Long-term investments and receivables33,04530,56629,45632,46432,07534,549
Long-term investments33,04530,56629,45632,46432,07534,549
Other noncurrent assets23,17925,85325,27517,4036,1767,454
Total noncurrent assets:206,935205,194220,595229,367220,772239,830
TOTAL ASSETS:579,579550,361479,345500,502471,393478,864
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities49,41953,14716,90718,9007,4638,149
Taxes payable1,857    
Employee-related liabilities5,407    
Accounts payable34,09132,26616,90718,9007,4638,149
Accrued liabilities15,32813,617    
Other liabilities   8,9557,7649,54613,716
Due to related parties   700  
Other undisclosed current liabilities5,180(2,664)4,8754,235  
Total current liabilities:54,59950,48330,73731,59917,00921,865
Noncurrent Liabilities
Long-term debt and lease obligation:  6,3907,43910,688  
Liabilities, other than long-term debt13,9865,9262732759,11325,073
Deferred tax liabilities, net4,18521,706
Deferred income tax liabilities1,0973,132  
Other liabilities3,0342,7942732754,9283,367
Operating lease, liability9,8556,3907,43910,688
Other undisclosed noncurrent liabilities   3,7134,334  
Total noncurrent liabilities:13,98612,31611,42515,2979,11325,073
Other undisclosed liabilities      (46,817)
Total liabilities:68,58562,79942,16246,89626,122121
Equity
Equity, attributable to parent447,982430,792384,783401,007392,937381,492
Common stock299299299299299299
Treasury stock, value(193,721)(361,191)(354,612)(335,066)(335,193)(313,643)
Additional paid in capital578149,334149,110148,789148,273146,923
Retained earnings640,826642,350589,986586,985579,558547,913
Equity, attributable to noncontrolling interest63,01256,77052,40052,59952,33450,434
Total equity:510,994487,562437,183453,606445,271431,926
Other undisclosed liabilities and equity      46,817
TOTAL LIABILITIES AND EQUITY:579,579550,361479,345500,502471,393478,864

Income Statement (P&L) ($ in thousands)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Revenues855,000774,802372,846418,034486,671452,586
Revenue, net452,586
Cost of revenue
(Cost of Goods and Services Sold)
(800,269)(677,242)(358,985)(405,549)(456,456)(408,425)
Gross profit:54,73197,56013,86112,48530,21544,161
Operating expenses(28,956)(28,476)(17,661)(19,258)(20,551)(24,252)
Operating income (loss):25,77569,084(3,800)(6,773)9,66419,909
Nonoperating income
(Investment Income, Nonoperating)
    4,212  
Income (loss) from continuing operations before equity method investments, income taxes:25,77569,084(3,800)(2,561)9,66419,909
Income from equity method investments8,7456,6245001,3921,5363,232
Other undisclosed income from continuing operations before income taxes12,9591301,818 3,3882,252
Income (loss) from continuing operations before income taxes:47,47975,838(1,482)(1,169)14,58825,393
Income tax expense (benefit)(9,542)(19,031)7,10012,81322,92219,519
Income from continuing operations:37,93756,8075,61811,64437,51044,912
Income before gain (loss) on sale of properties:61,2025,61811,64437,51044,912
Income from discontinued operations  4,395    
Net income:37,93761,2025,61811,64437,51044,912
Net loss attributable to noncontrolling interest   (2,617)(4,217)(5,865)(5,206)
Other undisclosed net loss attributable to parent(10,240)(8,838)    
Net income available to common stockholders, diluted:27,69752,3643,0017,42731,64539,706

Comprehensive Income ($ in thousands)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Net income:37,93761,2025,61811,64437,51044,912
Comprehensive income:37,93761,2025,61811,64437,51044,912
Comprehensive loss, net of tax, attributable to noncontrolling interest   (2,617)(4,217)(5,865)(5,206)
Comprehensive income, net of tax, attributable to parent:37,93761,2023,0017,42731,64539,706

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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