ARAT (Arax Holdings) Ending Cash Position: $0.01 Mil (As of Jul. 2024)

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What is Arax Holdings Ending Cash Position?

Arax Holdings ARAT Ending Cash Position is $0.01 Mil as of Jul. 2024.

Arax Holdings's Ending Cash Position for the quarter that ended in Jul. 2024 was $0.01 Mil.

Arax Holdings's quarterly Ending Cash Position increased from Jan. 2024 ($0.00 Mil) to Apr. 2024 ($0.10 Mil) but then declined from Apr. 2024 ($0.10 Mil) to Jul. 2024 ($0.01 Mil).

Arax Holdings's annual Ending Cash Position stayed the same from Oct. 2021 ($0.00 Mil) to Oct. 2022 ($0.00 Mil) but then increased from Oct. 2022 ($0.00 Mil) to Oct. 2023 ($1.45 Mil).

Arax Holdings Ending Cash Position Related Terms

Arax Holdings Ending Cash Position Historical Data

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The historical data trend for Arax Holdings's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arax Holdings Ending Cash Position Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 1.45

Arax Holdings Quarterly Data
Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.10 0.01

Arax Holdings Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Arax Holdings's Ending Cash Position for the fiscal year that ended in Oct. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=1.9984014443253E-15+1.449
=1.45

Arax Holdings's Ending Cash Position for the quarter that ended in Jul. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.095+-0.083
=0.01

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.01 Mil mean?
Arax Holdings (ARAT) has a Ending Cash Position of $0.01 Mil as of Jul. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Arax Holdings and its competitors.
Is Arax Holdings' Ending Cash Position too high?
Arax Holdings' current Ending Cash Position is $0.01 Mil.
How does Arax Holdings' Ending Cash Position compare to VISM and ATCH?
Arax Holdings' Ending Cash Position of $0.01 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Software company?
A good Ending Cash Position depends on the Software industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Arax Holdings and its competitors. Arax Holdings's current Ending Cash Position is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arax Holdings stock overvalued right now?
Arax Holdings (ARAT) has a current Ending Cash Position of $0.01 Mil. The current Ending Cash Position is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Arax Holdings (ARAT), the current Ending Cash Position is $0.01 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arax Holdings Business Description

Address 820 E Park Avenue, Boulevard D200, Building. F100, Tallahassee, FL, USA, 32301
Arax Holdings Corp is a software and logistics services provider to a client in South Africa, generating consistent revenue streams. The group's focus has shifted toward leveraging blockchain technology to deliver financial and technological solutions, as evidenced by recent acquisitions and platform developments. It will continue to develop software solutions that operate exclusively on the Core Blockchain to maximize its revenue-generating potential in this new technology. The Company operates as a single operating segment.