REX American Resources Corporation (REX) Financial Statements (2023 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)

1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
1/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments280,943255,72336,194205,731203,506190,988188,576
Cash and cash equivalents69,612229,846 179,658188,531190,988188,576
Short-term investments211,33125,87736,19426,07314,975  
Restricted cash and investments1,7352,222146,158  354130
Receivables28,12432,49825,73318,99819,07319,52512,971
Inventory, net of allowances, customer advances and progress billings48,74442,22537,88035,63418,47720,75517,057
Inventory48,74442,22537,88035,63418,47720,75517,057
Derivative instruments and hedges, assets80933     
Other undisclosed current assets13,01811,56612,78510,7729,5657,4127,783
Total current assets:372,644345,167258,750271,135250,621239,034226,517
Noncurrent Assets
Operating lease, right-of-use asset15,21411,22112,67816,173
Property, plant and equipment135,497137,554153,186163,327182,521197,827182,761
Long-term investments and receivables33,04530,56629,45632,46432,07534,54937,833
Long-term investments33,04530,56629,45632,46432,07534,54937,833
Other noncurrent assets23,17925,85325,27517,4036,1767,4546,913
Total noncurrent assets:206,935205,194220,595229,367220,772239,830227,507
TOTAL ASSETS:579,579550,361479,345500,502471,393478,864454,024
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities49,41953,14716,90718,9007,4638,1499,171
Taxes payable1,857     
Employee-related liabilities5,407     
Accounts payable34,09132,26616,90718,9007,4638,1499,171
Accrued liabilities15,32813,617     
Due to related parties   700   
Other liabilities  8,9557,7649,54613,71613,348
Other undisclosed current liabilities5,180(2,664)4,8754,235   
Total current liabilities:54,59950,48330,73731,59917,00921,86522,519
Noncurrent Liabilities
Long-term debt and lease obligation: 6,3907,43910,688   
Liabilities, other than long-term debt13,9865,9262732759,11325,07343,231
Deferred tax liabilities, net4,18521,70641,135
Deferred income tax liabilities1,0973,132  
Other liabilities3,0342,7942732754,9283,3672,096
Operating lease, liability9,8556,3907,43910,688
Other undisclosed noncurrent liabilities  3,7134,334   
Total noncurrent liabilities:13,98612,31611,42515,2979,11325,07343,231
Other undisclosed liabilities     (46,817) 
Total liabilities:68,58562,79942,16246,89626,12212165,750
Equity
Equity, attributable to parent447,982430,792384,783401,007392,937381,492340,435
Common stock299299299299299299299
Treasury stock, value(193,721)(361,191)(354,612)(335,066)(335,193)(313,643)(313,838)
Additional paid in capital578149,334149,110148,789148,273146,923145,767
Retained earnings640,826642,350589,986586,985579,558547,913508,207
Equity, attributable to noncontrolling interest63,01256,77052,40052,59952,33450,43447,839
Total equity:510,994487,562437,183453,606445,271431,926388,274
Other undisclosed liabilities and equity     46,817 
TOTAL LIABILITIES AND EQUITY:579,579550,361479,345500,502471,393478,864454,024

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

1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
1/31/2017
Revenues855,000774,802372,846418,034486,671452,586453,799
Revenue, net452,586453,799
Cost of revenue
(Cost of Goods and Services Sold)
(800,269)(677,242)(358,985)(405,549)(456,456)(408,425)(382,760)
Gross profit:54,73197,56013,86112,48530,21544,16171,039
Operating expenses(28,956)(28,476)(17,661)(19,258)(20,551)(24,252)(21,388)
Operating income (loss):25,77569,084(3,800)(6,773)9,66419,90949,651
Nonoperating income
(Investment Income, Nonoperating)
   4,212  328
Income (loss) from continuing operations before equity method investments, income taxes:25,77569,084(3,800)(2,561)9,66419,90949,979
Income from equity method investments8,7456,6245001,3921,5363,2326,144
Other undisclosed income from continuing operations before income taxes12,9591301,818 3,3882,252788
Income (loss) from continuing operations before income taxes:47,47975,838(1,482)(1,169)14,58825,39356,911
Income tax expense (benefit)(9,542)(19,031)7,10012,81322,92219,519(17,393)
Income from continuing operations:37,93756,8075,61811,64437,51044,91239,518
Income before gain (loss) on sale of properties:61,2025,61811,64437,51044,91239,518
Income from discontinued operations 4,395     
Net income:37,93761,2025,61811,64437,51044,91239,518
Net loss attributable to noncontrolling interest  (2,617)(4,217)(5,865)(5,206)(7,185)
Other undisclosed net loss attributable to parent(10,240)(8,838)     
Net income available to common stockholders, diluted:27,69752,3643,0017,42731,64539,70632,333

Comprehensive Income ($ in thousands)

1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
1/31/2017
Net income:37,93761,2025,61811,64437,51044,91239,518
Comprehensive income:37,93761,2025,61811,64437,51044,91239,518
Comprehensive loss, net of tax, attributable to noncontrolling interest  (2,617)(4,217)(5,865)(5,206)(7,185)
Comprehensive income, net of tax, attributable to parent:37,93761,2023,0017,42731,64539,70632,333

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: