ARAT (Arax Holdings) Tax Rate %: 0.00% (As of Jul. 2024)

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What is Arax Holdings Tax Rate %?

Arax Holdings ARAT Tax Rate % is 0.00% as of Jul. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arax Holdings's Tax Expense for the three months ended in Jul. 2024 was $0.00 Mil. Arax Holdings's Pre-Tax Income for the three months ended in Jul. 2024 was $-0.43 Mil. Therefore, Arax Holdings's Tax Rate % for the quarter that ended in Jul. 2024 was 0.00%.

Arax Holdings Tax Rate % Related Terms

Arax Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Arax Holdings's Tax Rate % 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 Tax Rate % Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Arax Holdings Quarterly Data
Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Tax Rate % 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 0.00 0.00

Arax Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Arax Holdings's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2023 )/Pre-Tax Income (A: Oct. 2023 )
=0/-18.544
=0.00 %

Arax Holdings's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=0/-0.433
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Arax Holdings (ARAT) has a Tax Rate % of 0.00% as of Jul. 2024.
Is Arax Holdings' Tax Rate % too high?
Arax Holdings' current Tax Rate % is 0.00%.
How does Arax Holdings' Tax Rate % compare to VISM and ATCH?
Arax Holdings' Tax Rate % of 0.00% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Arax Holdings's current Tax Rate % is 0.00%. 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 Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Arax Holdings (ARAT), the current Tax Rate % is 0.00% 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.