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Arax Holdings (Arax Holdings) Equity-to-Asset : 0.96 (As of Jan. 2024)


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What is Arax Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arax Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $6.93 Mil. Arax Holdings's Total Assets for the quarter that ended in Jan. 2024 was $7.19 Mil. Therefore, Arax Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.96.

The historical rank and industry rank for Arax Holdings's Equity-to-Asset or its related term are showing as below:

ARAT' s Equity-to-Asset Range Over the Past 10 Years
Min: -26.5   Med: 0.96   Max: 0.99
Current: 0.96

During the past 9 years, the highest Equity to Asset Ratio of Arax Holdings was 0.99. The lowest was -26.50. And the median was 0.96.

ARAT's Equity-to-Asset is ranked better than
98.9% of 2831 companies
in the Software industry
Industry Median: 0.55 vs ARAT: 0.96

Arax Holdings Equity-to-Asset Historical Data

The historical data trend for Arax Holdings's Equity-to-Asset 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.

* Premium members only.

Arax Holdings Equity-to-Asset Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only - - - - 0.96

Arax Holdings Quarterly Data
Apr16 Jul16 Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset 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 -4.48 0.95 0.99 0.96 0.96

Competitive Comparison of Arax Holdings's Equity-to-Asset

For the Software - Infrastructure subindustry, Arax Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arax Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Arax Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arax Holdings's Equity-to-Asset falls into.



Arax Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Arax Holdings's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=6.89/7.148
=0.96

Arax Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=6.926/7.194
=0.96

* 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  (OTCPK:ARAT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Arax Holdings Equity-to-Asset Related Terms

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Arax Holdings (Arax Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Sheridan, WY, USA, 82801
Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

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