Arax Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Arax Holdings has a total shareholder equity of $6.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.2M and $268.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.03k |
Equity | US$6.93m |
Total liabilities | US$268.38k |
Total assets | US$7.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARAT's short term assets ($456.9K) exceed its short term liabilities ($268.4K).
Long Term Liabilities: ARAT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARAT is debt free.
Reducing Debt: ARAT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ARAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 185.3% each year