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) - Total Assets
Latest total assets as of July 2024: $7.61 Million USD
Based on the latest financial reports, Arax Holdings Corp (ARAT) holds total assets worth $7.61 Million USD as of July 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Arax Holdings Corp - Total Assets Trend (2012–2023)
This chart illustrates how Arax Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Arax Holdings Corp - Asset Composition Analysis
Current Asset Composition (October 2023)
Arax Holdings Corp's total assets of $7.61 Million consist of 23.4% current assets and 76.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 20.3% |
| Accounts Receivable | $226.95K | 3.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.03 Million | 70.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how Arax Holdings Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Arax Holdings Corp's current assets represent 23.4% of total assets in 2023, a decrease from 93.4% in 2012.
- Cash Position: Cash and equivalents constituted 20.3% of total assets in 2023, down from 93.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 70.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 70.4% of total assets.
Arax Holdings Corp Competitors by Total Assets
Key competitors of Arax Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Arax Holdings Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Arax Holdings Corp generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Arax Holdings Corp is currently not profitable relative to its asset base.
Arax Holdings Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.51 | 0.57 | 2.69 |
| Quick Ratio | 1.51 | 0.57 | 2.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $260.87K | $ -98.32K | $ 1.13K |
Arax Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Arax Holdings Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.09 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $7.15 Million |
| Market Capitalization | $2.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Arax Holdings Corp's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Arax Holdings Corp's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Arax Holdings Corp (2012–2023)
The table below shows the annual total assets of Arax Holdings Corp from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-10-31 | $7.15 Million | -- |
| 2022-10-31 | $0.00 | -- |
| 2021-10-31 | $0.00 | -- |
| 2020-10-31 | $0.00 | -- |
| 2016-10-31 | $0.00 | -- |
| 2014-10-31 | $4.21K | 0.00% |
| 2013-10-31 | $4.21K | -51.01% |
| 2012-10-31 | $8.59K | -- |