Company: REX
Filing Date: 2025-12-04
Form Type: 10-Q
Source: 0000930413-25-003566
Chunk: 0

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-12-04
Form: 10-Q
Item: Part I, Item 1
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Item 1. Financial Statements

REX AMERICAN RESOURCES CORPORATION AND SUBSIDIARIES

Consolidated Balance Sheets

Unaudited

    (In Thousands) 
    October
    31, 2025  
    January
    31, 2025 

    Assets 

    Current assets: 

    Cash and cash equivalents 
    $272,004  
    $196,255 

    Short-term investments 
     63,537  
     162,820 

    Accounts receivable 
     27,442  
     21,511 

    Inventory 
     27,675  
     31,676 

    Refundable income taxes 
     6,067  
     6,445 

    Prepaid expenses and other 
     14,938  
     17,112 

    Total current assets 
     411,663  
     435,819 

    Property and equipment, net 
     260,173  
     210,683 

    Operating lease right-of-use assets 
     19,291  
     20,985 

    Finance lease right-of-use assets 
     18,032  
     - 

    Other assets 
     1,321  
     16,721 

    Equity method investment 
     39,579  
     35,800 

    Total assets 
    $750,059  
    $720,008 

    Liabilities and equity 

    Current liabilities: 

    Accounts payable – trade (includes $0.6 million and $1.4 million with related parties at October 31, 2025 and January 31, 2025, respectively) 
    $33,616  
    $28,337 

    Current operating lease liabilities 
     6,859  
     5,746 

    Current finance lease liabilities 
     469  
     - 

    Accrued expenses and other current liabilities 
     16,537  
     16,360 

    Total current liabilities 
     57,481  
     50,443 

    Long-term liabilities: 

    Deferred taxes 
     10,152  
     3,562 

    Long-term operating lease liabilities 
     12,818