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) - Net Assets
Latest net assets as of July 2024: $7.11 Million USD
Based on the latest financial reports, Arax Holdings Corp (ARAT) has net assets worth $7.11 Million USD as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.61 Million) and total liabilities ($506.89K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.11 Million |
| % of Total Assets | 93.34% |
| Annual Growth Rate | 85.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Arax Holdings Corp - Net Assets Trend (2012–2023)
This chart illustrates how Arax Holdings Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arax Holdings Corp (2012–2023)
The table below shows the annual net assets of Arax Holdings Corp from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $6.89 Million | +4045.48% |
| 2022-10-31 | $-174.62K | -571.32% |
| 2021-10-31 | $-26.01K | -- |
| 2020-10-31 | $0.00 | -- |
| 2016-10-31 | $-300.55K | -628.61% |
| 2014-10-31 | $-41.25K | -343641.67% |
| 2013-10-31 | $-12.00 | -100.15% |
| 2012-10-31 | $7.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arax Holdings Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1942250500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $126.16K | 1.83% |
| Other Comprehensive Income | $-126.16K | -1.83% |
| Other Components | $26.31 Million | 381.90% |
| Total Equity | $6.89 Million | 100.00% |
Arax Holdings Corp Competitors by Market Cap
The table below lists competitors of Arax Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eniro Group AB
LSE:0YG8
|
$2.33 Million |
|
Silver Mountain Resources Inc.
OTCQB:AGMRF
|
$2.33 Million |
|
AYR Strategies Inc Class A
OTCQX:AYRWF
|
$2.34 Million |
|
PT Chemstar Indonesia Tbk
JK:CHEM
|
$2.34 Million |
|
Wedgemount Resources Corp.
OTCQB:WDGRF
|
$2.33 Million |
|
Sapura Resources Bhd
KLSE:4596
|
$2.33 Million |
|
IPHSF
OTCGREY:IPHSF
|
$2.33 Million |
|
Landmark Property Development Company Limited
NSE:LPDC
|
$2.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arax Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -174,625 to 6,889,800, a change of 7,064,425.
- Net loss of 18,543,578 reduced equity.
- New share issuances of 25,608,003 increased equity.
- Other comprehensive income decreased equity by 126,160.
- Other factors increased equity by 126,160.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.54 Million | -269.15% |
| Share Issuances | $25.61 Million | +371.68% |
| Other Comprehensive Income | $-126.16K | -1.83% |
| Other Changes | $126.16K | +1.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Arax Holdings Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.04x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-10-31 | $0.05 | $0.10 | x |
| 2013-10-31 | $0.00 | $0.10 | x |
| 2014-10-31 | $0.00 | $0.10 | x |
| 2015-10-31 | $-0.01 | $0.10 | x |
| 2017-10-31 | $-0.03 | $0.10 | x |
| 2020-10-31 | $-0.06 | $0.10 | x |
| 2021-10-31 | $0.00 | $0.10 | x |
| 2022-10-31 | $-0.02 | $0.10 | x |
| 2023-10-31 | $0.08 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arax Holdings Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -269.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2039.60%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.04x
- Recent ROE (-269.15%) is below the historical average (-30.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -1.50% | 0.00% | 0.00x | 1.08x | $-911.10 |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.93K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.75K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-22.25K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-204.47K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-204.47K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-129.19K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-131.15K |
| 2023 | -269.15% | -2039.60% | 0.13x | 1.04x | $-19.23 Million |
Industry Comparison
This section compares Arax Holdings Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $57,400,889
- Average return on equity (ROE) among peers: -399.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arax Holdings Corp (ARAT) | $7.11 Million | -1.50% | 0.07x | $2.33 Million |
| Automatic Bank Services Limited (ABANF) | $131.86 Million | 11.02% | 0.13x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $1.20 Million | -2791.67% | 47.83x | $3.94 Billion |
| Adyen N.V (ADYYF) | $245.83 Million | 13.67% | 2.34x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $390.34 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $99.35 Million | -153.25% | 0.48x | $3.74 Million |
| Affluence Corporation (AFFU) | $-3.56 Million | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $2.64 Million | -979.47% | 3.94x | $2.57 Million |
| C3 Ai Inc (AI) | $-165.43 Million | 0.00% | 0.00x | $1.13 Billion |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $11.41 Million | -12.13% | 0.13x | $364.77 Million |