Arax Hldgs Financials

Arax Hldgs (ARAT) reported $909K in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, Arax Hldgs (ARAT) reported a net income of -$18.5M in fiscal year 2023, with a net profit margin of -2039.6%.

Arax Hldgs (ARAT) had an operating margin of 0.8% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

Arax Hldgs (ARAT) had a net profit margin of -2039.6% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

Arax Hldgs (ARAT) has a return on equity of -271.7% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

Arax Hldgs (ARAT) generated -$18.9M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Arax Hldgs (ARAT) had $7.2M in total assets as of fiscal year 2023, including both current and long-term assets.

Arax Hldgs (ARAT) had 126M shares outstanding as of fiscal year 2023.

Arax Hldgs (ARAT) had a current ratio of 1.70 as of fiscal year 2023, which is generally considered healthy.

Arax Hldgs (ARAT) had a debt-to-equity ratio of 0.04 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Arax Hldgs (ARAT) had a return on assets of -257.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2023 data, Arax Hldgs (ARAT) had $3K in cash against an annual operating cash burn of $18.9M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Arax Hldgs (ARAT) has an Altman Z-Score of 1.60, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Arax Hldgs (ARAT) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Arax Hldgs (ARAT) has an earnings quality ratio of 1.02x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Arax Hldgs (ARAT) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.