Arax Holdings Corp
Arax Holdings Corp. provides blockchain as a platform solution. It offers blockchain development, carbon credits, real-world assets and real-world processes tokenization, fintech and risk management, smart contract development, and wallet and NFT development solutions, as well as consulting services in enterprise blockchain, Web3 strategy, DAO, RWA/RWP models, metaverse planning, AI adoption, DeF… Read more
Arax Holdings Corp (ARAT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2024: -0.040x
Based on the latest financial reports, Arax Holdings Corp (ARAT) has a cash flow conversion efficiency ratio of -0.040x as of July 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-286.42K) by net assets ($7.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Arax Holdings Corp - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how Arax Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Arax Holdings Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Arax Holdings Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sycal Ventures Bhd
KLSE:9717
|
0.031x |
|
Eniro Group AB
LSE:0YG8
|
0.040x |
|
Zantat Holdings Berhad
KLSE:0301
|
0.023x |
|
Silver Mountain Resources Inc.
OTCQB:AGMRF
|
-0.044x |
|
Wedgemount Resources Corp.
OTCQB:WDGRF
|
-0.003x |
|
Bio-Gene Technology Ltd
AU:BGT
|
-0.811x |
|
F5 NETWORKS - Dusseldorf Stock Exchang
DU:FFV
|
0.053x |
|
IPHSF
OTCGREY:IPHSF
|
N/A |
Annual Cash Flow Conversion Efficiency for Arax Holdings Corp (2012–2023)
The table below shows the annual cash flow conversion efficiency of Arax Holdings Corp from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | $6.89 Million | $-18.86 Million | -2.737x | -- |
| 2022-10-31 | $-174.62K | $0.00 | 0.000x | -- |
| 2021-10-31 | $-26.01K | $-21.94K | 0.843x | +275.22% |
| 2016-10-31 | $-300.55K | $-67.56K | 0.225x | -81.39% |
| 2014-10-31 | $-41.25K | $-49.84K | 1.208x | -99.95% |
| 2013-10-31 | $-12.00 | $-30.93K | 2577.750x | +30475260.82% |
| 2012-10-31 | $7.92K | $-67.00 | -0.008x | -- |