ARAT (Arax Holdings) Total Assets: $7.61 Mil (As of Jul. 2024)

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What is Arax Holdings Total Assets?

Arax Holdings ARAT Total Assets is $7.61 Mil as of Jul. 2024.

Arax Holdings's Total Assets for the quarter that ended in Jul. 2024 was $7.61 Mil.

Total Assets is connected with ROA %. Arax Holdings's annualized ROA % for the quarter that ended in Jul. 2024 was -22.79%. Total Assets is also linked to Revenue through Asset Turnover. Arax Holdings's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Arax Holdings  (OTCPK:ARAT) Total Assets Explanation

Total Assets is connected with ROA %.

Arax Holdings's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-1.732/( (7.588+7.612)/ 2 )
=-1.732/7.6
=-22.79 %

Note: The Net Income data used here is four times the quarterly (Jul. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Arax Holdings's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (7.588+7.612)/ 2 )
=0/7.6
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Arax Holdings Total Assets Related Terms

Arax Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Arax Holdings's Total Assets 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 Total Assets Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 7.15

Arax Holdings Quarterly Data
Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Total Assets 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 19.63 7.15 7.19 7.59 7.61

Arax Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Arax Holdings's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=6.89+0.258
=7.15

Arax Holdings's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=7.105+0.507
=7.61

* 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 Total Assets →
What does a Total Assets of $7.61 Mil mean?
Arax Holdings (ARAT) has a Total Assets of $7.61 Mil as of Jul. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Arax Holdings and its competitors.
Is Arax Holdings' Total Assets too high?
Arax Holdings' current Total Assets is $7.61 Mil.
How does Arax Holdings' Total Assets compare to VISM and ATCH?
Arax Holdings' Total Assets of $7.61 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 Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Arax Holdings and its competitors. Arax Holdings's current Total Assets is $7.61 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 Total Assets of $7.61 Mil. The current Total Assets is $7.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Arax Holdings (ARAT), the current Total Assets is $7.61 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.