REX Net Tangible Assets vs Retained Earnings Analysis

REX Stock

USD 43.31 0.06 0.14%

REX American financial indicator trend analysis is much more than just breaking down REX American Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether REX American Resources is a good investment. Please check the relationship between REX American Net Tangible Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of REX American Resources Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between REX American's Net Tangible Assets and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of REX American Resources, assuming nothing else is changed. The correlation between historical values of REX American's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of REX American Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., REX American's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from REX American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into REX American Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, REX American's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 23.7 M in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	97.6M	54.7M	98.2M	60.4M
Total Revenue	774.8M	855M	833.4M	441.1M

Gross Profit Total Revenue

REX American fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Other Liab	Other Assets	Common Stock Total Equity
Total Assets		-0.11	-0.41	0.54	0.74	0.54	-0.41	0.77	0.5	0.55	0.43	0.57	0.64	-0.88	-0.09	-0.07	0.73	-0.63	0.03	0.4	0.58	-0.01	0.39	-0.22	0.42	0.85
Short Long Term Debt Total	-0.11		0.05	0.01	-0.44	0.55	0.8	-0.46	-0.53	0.56	-0.15	-0.53	-0.37	-0.02	0.94	-0.19	-0.43	0.4	0.86	0.07	-0.52	0.68	-0.46	-0.3	-0.4	0.09
Other Current Liab	-0.41	0.05		-0.07	-0.32	-0.3	0.09	-0.38	-0.12	-0.37	-0.65	-0.11	-0.36	0.54	0.05	-0.1	-0.29	0.48	0.06	0.07	-0.15	-0.13	-0.06	0.39	-0.28	-0.42
Total Current Liabilities	0.54	0.01	-0.07		0.46	-0.11	-0.04	0.39	0.14	-0.06	0.3	0.57	0.65	-0.17	-0.14	0.54	0.74	-0.65	0.26	0.4	0.63	0.57	0.77	-0.43	0.71	0.27
Total Stockholder Equity	0.74	-0.44	-0.32	0.46		0.21	-0.71	0.98	0.78	0.21	0.26	0.93	0.85	-0.68	-0.45	0.28	0.75	-0.79	-0.09	0.68	0.93	-0.17	0.74	-0.22	0.49	0.75
Property Plant And Equipment Net	0.54	0.55	-0.3	-0.11	0.21		0.11	0.25	0.11	0.98	0.04	-0.09	0.0	-0.78	0.66	-0.53	-0.07	0.04	0.51	0.33	-0.12	0.06	-0.35	-0.1	-0.35	0.78
Net Debt	-0.41	0.8	0.09	-0.04	-0.71	0.11		-0.73	-0.92	0.16	-0.07	-0.71	-0.54	0.37	0.73	0.01	-0.5	0.49	0.59	-0.31	-0.67	0.67	-0.47	-0.24	-0.31	-0.36
Retained Earnings	0.77	-0.46	-0.38	0.39	0.98	0.25	-0.73		0.79	0.23	0.35	0.89	0.86	-0.74	-0.46	0.24	0.76	-0.81	-0.15	0.59	0.89	-0.22	0.67	-0.13	0.51	0.77
Cash	0.5	-0.53	-0.12	0.14	0.78	0.11	-0.92	0.79		0.06	0.02	0.75	0.61	-0.5	-0.48	0.0	0.49	-0.53	-0.27	0.55	0.71	-0.45	0.5	0.08	0.28	0.55
Non Current Assets Total	0.55	0.56	-0.37	-0.06	0.21	0.98	0.16	0.23	0.06		0.12	-0.1	0.02	-0.77	0.67	-0.48	-0.05	0.02	0.55	0.3	-0.13	0.12	-0.32	-0.21	-0.32	0.77
Non Currrent Assets Other	0.43	-0.15	-0.65	0.3	0.26	0.04	-0.07	0.35	0.02	0.12		0.12	0.48	-0.4	-0.2	0.45	0.56	-0.65	-0.18	-0.34	0.21	0.23	0.21	-0.27	0.69	0.2
Cash And Short Term Investments	0.57	-0.53	-0.11	0.57	0.93	-0.09	-0.71	0.89	0.75	-0.1	0.12		0.85	-0.41	-0.58	0.43	0.76	-0.77	-0.13	0.69	0.99	-0.13	0.89	-0.15	0.57	0.53
Net Receivables	0.64	-0.37	-0.36	0.65	0.85	0.0	-0.54	0.86	0.61	0.02	0.48	0.85		-0.51	-0.46	0.54	0.86	-0.89	-0.05	0.5	0.89	0.13	0.83	-0.28	0.73	0.55
Common Stock Shares Outstanding	-0.88	-0.02	0.54	-0.17	-0.68	-0.78	0.37	-0.74	-0.5	-0.77	-0.4	-0.41	-0.51		-0.11	0.24	-0.46	0.49	-0.12	-0.38	-0.4	0.12	-0.12	0.1	-0.14	-0.95
Non Current Liabilities Total	-0.09	0.94	0.05	-0.14	-0.45	0.66	0.73	-0.46	-0.48	0.67	-0.2	-0.58	-0.46	-0.11		-0.4	-0.54	0.49	0.84	0.05	-0.59	0.48	-0.57	-0.11	-0.57	0.16
Inventory	-0.07	-0.19	-0.1	0.54	0.28	-0.53	0.01	0.24	0.0	-0.48	0.45	0.43	0.54	0.24	-0.4		0.47	-0.62	0.02	0.08	0.51	0.45	0.7	-0.4	0.74	-0.2
Other Current Assets	0.73	-0.43	-0.29	0.74	0.75	-0.07	-0.5	0.76	0.49	-0.05	0.56	0.76	0.86	-0.46	-0.54	0.47		-0.88	-0.22	0.33	0.81	0.12	0.76	-0.29	0.87	0.46
Other Stockholder Equity	-0.63	0.4	0.48	-0.65	-0.79	0.04	0.49	-0.81	-0.53	0.02	-0.65	-0.77	-0.89	0.49	0.49	-0.62	-0.88		0.13	-0.37	-0.82	-0.15	-0.8	0.28	-0.85	-0.49
Total Liab	0.03	0.86	0.06	0.26	-0.09	0.51	0.59	-0.15	-0.27	0.55	-0.18	-0.13	-0.05	-0.12	0.84	0.02	-0.22	0.13		0.45	-0.13	0.69	-0.04	-0.32	-0.26	0.3
Property Plant And Equipment Gross	0.4	0.07	0.07	0.4	0.68	0.33	-0.31	0.59	0.55	0.3	-0.34	0.69	0.5	-0.38	0.05	0.08	0.33	-0.37	0.45		0.64	0.12	0.55	-0.24	0.05	0.65
Total Current Assets	0.58	-0.52	-0.15	0.63	0.93	-0.12	-0.67	0.89	0.71	-0.13	0.21	0.99	0.89	-0.4	-0.59	0.51	0.81	-0.82	-0.13	0.64		-0.06	0.92	-0.2	0.65	0.5
Short Term Debt	-0.01	0.68	-0.13	0.57	-0.17	0.06	0.67	-0.22	-0.45	0.12	0.23	-0.13	0.13	0.12	0.48	0.45	0.12	-0.15	0.69	0.12	-0.06		0.16	-0.61	0.3	-0.03
Accounts Payable	0.39	-0.46	-0.06	0.77	0.74	-0.35	-0.47	0.67	0.5	-0.32	0.21	0.89	0.83	-0.12	-0.57	0.7	0.76	-0.8	-0.04	0.55	0.92	0.16		-0.28	0.72	0.25
Other Liab	-0.22	-0.3	0.39	-0.43	-0.22	-0.1	-0.24	-0.13	0.08	-0.21	-0.27	-0.15	-0.28	0.1	-0.11	-0.4	-0.29	0.28	-0.32	-0.24	-0.2	-0.61	-0.28		-0.33	-0.18
Other Assets	0.42	-0.4	-0.28	0.71	0.49	-0.35	-0.31	0.51	0.28	-0.32	0.69	0.57	0.73	-0.14	-0.57	0.74	0.87	-0.85	-0.26	0.05	0.65	0.3	0.72	-0.33		0.09
Common Stock Total Equity	0.85	0.09	-0.42	0.27	0.75	0.78	-0.36	0.77	0.55	0.77	0.2	0.53	0.55	-0.95	0.16	-0.2	0.46	-0.49	0.3	0.65	0.5	-0.03	0.25	-0.18	0.09

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REX American Account Relationship Matchups

REX American fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	500.5M	479.3M	550.4M	579.6M	664.8M	354.3M
Other Current Liab	891K	2.6M	7.1M	6.2M	13.5M	11.6M
Total Current Liabilities	31.6M	30.7M	50.5M	54.6M	66.3M	36.1M
Total Stockholder Equity	401.0M	384.8M	430.8M	448.0M	513.9M	539.6M
Property Plant And Equipment Net	179.5M	165.9M	148.8M	150.7M	168.6M	137.0M
Net Debt	(164.0M)	(132.2M)	(218.9M)	(54.6M)	(210.6M)	(200.0M)
Retained Earnings	587.0M	590.0M	642.4M	640.8M	701.8M	736.8M
Cash	179.7M	144.5M	229.8M	69.6M	223.4M	234.6M
Non Current Assets Total	229.4M	220.6M	205.2M	206.9M	212.7M	174.0M
Non Currrent Assets Other	17.4M	25.3M	25.9M	23.2M	1.3M	1.2M
Cash And Short Term Investments	205.7M	180.7M	255.7M	280.9M	378.7M	397.6M
Net Receivables	19.0M	25.7M	32.5M	28.1M	28.9M	30.4M
Common Stock Shares Outstanding	19.0M	18.5M	17.9M	17.6M	17.6M	33.5M
Liabilities And Stockholders Equity	500.5M	479.3M	550.4M	579.6M	664.8M	354.3M
Non Current Liabilities Total	15.3M	11.4M	12.3M	14.0M	10.9M	10.4M
Inventory	35.6M	37.9M	42.2M	48.7M	27.0M	51.1M
Other Current Assets	9.7M	14.9M	14.7M	14.8M	17.5M	9.8M
Other Stockholder Equity	(186.3M)	(205.5M)	(211.9M)	(193.1M)	(188.1M)	(178.7M)
Total Liab	46.9M	42.2M	62.8M	68.6M	77.2M	104.7M
Property Plant And Equipment Gross	179.5M	165.9M	148.8M	150.7M	413.9M	434.6M
Total Current Assets	271.1M	258.8M	345.2M	372.6M	452.1M	474.7M
Short Term Debt	4.9M	9.8M	9.2M	10.4M	8.9M	7.4M
Accounts Payable	18.9M	16.6M	32.3M	34.1M	42.1M	44.2M
Other Liab	9.1M	4.6M	4.0M	5.9M	5.3M	5.1M
Other Assets	17.4M	25.3M	25.9M	23.2M	20.9M	13.4M
Treasury Stock	(335.2M)	(335.1M)	(354.6M)	(361.2M)	(325.1M)	(341.3M)
Property Plant Equipment	163.3M	165.9M	137.6M	150.7M	173.3M	185.7M
Net Tangible Assets	392.9M	401.0M	384.8M	430.8M	495.4M	387.7M
Noncontrolling Interest In Consolidated Entity	52.3M	52.6M	52.4M	56.8M	65.3M	46.1M
Retained Earnings Total Equity	579.6M	587.0M	590.0M	642.4M	738.7M	505.7M
Short Term Investments	26.1M	36.2M	25.9M	211.3M	155.3M	163.0M
Capital Surpluse	148.8M	149.1M	149.3M	578K	520.2K	494.2K
Deferred Long Term Liab	4.2M	4.3M	3.7M	3.1M	2.8M	2.7M

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REX Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

REX American fundamental ratios Correlations

REX American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

REX American fundamental ratios Accounts

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Additional Tools for REX Stock Analysis

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Total Current Assets	+ 0.99	Cash And Short Term Investments
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.94	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.93	Total Stockholder Equity
Total Current Assets	+ 0.93	Total Stockholder Equity

Common Stock Total Equity	- 0.95	Common Stock Shares Outstanding
Cash	- 0.92	Net Debt
Other Stockholder Equity	- 0.89	Net Receivables
Other Stockholder Equity	- 0.88	Other Current Assets
Common Stock Shares Outstanding	- 0.88	Total Assets
Other Assets	- 0.85	Other Stockholder Equity