On this page of Benford's Law Stocks.com we present our study of RAFAEL HOLDINGS INC. — ticker symbol RFL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/17/2022 to 12/11/2024 for RAFAEL HOLDINGS INC. under CIK number 0001713863. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for RFL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for RAFAEL HOLDINGS INC. based on the past RFL filings our system processed in the past.
24.4
20.8
13.8
8.9
7.8
6.2
6.3
5.0
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 966
Recent share count: 23,886,987 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
966
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 10 numbers to move any given column by a full percentage point.
81

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
RFL
Normal score compared to other filers, falling within the middle 50%.
OMI
PLOW
RYI
SIX
PLD
RAMP
RIG
SES
Check our work! We provide our RAFAEL HOLDINGS INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the RFL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 236 numbers that start with the digit 1. Here they are:
12,603
12,010
1,161
1,146
1,818
1,847
1,575
1,575
1,379
1,798
112
113
1,700
1,700
10,451
10,574
101,487
168
168
132
111
128
1,326
17
194
177
1,588
166
162
12
122
119
15
101,487
168
101,487
168
167,333
122
17,920
19
170,971
17
166
194
177
1,588
18
18
118
1
1
1
15,728
1
189
13,197
100
100
100
100
100
100
15.5
15,739,661
1.5
1,546,391
10
1,500
121
19
1,188
1,289
15,336
12,667
12,667
15,336
1.8
1.42
16.7
12
10
10
10
12
10,000,000
1.25
177
1,379
1,798
10.5
100
156
1,000,000
15
15
15,975,000
1878
15,975,000
1878
15,975,000
16
16
13,771
150,000
1,000,000
1.6
1,499
1,151
1.7
1.7
173.75
1.25
1
1.25
12.0
10.7
1.3
1.6
1.0
1
1,435
1,435
10
10
194
177
12,603
12,603
1,161
1,161
14,637
10,746
10,746
1,264
1,264
1,146
1,146
14,713
10,148
10,148
166
1,338
15
1,588
14,637
1.25
1.14
103
11
14
13
100
1.19
1.19
1.19
1.26
14
104.0
1.19
14
108
1,066
1,018
17
1,894
105
1,789
1,944
126
1,818
110
133
124
124
124
1,203
1,818
1,116,962
1,243,582
122
15
107
12
128
1,322
1,337
10,000
1,000,000
1.1
1.75
101,487
168
112,501
1,919,025
194,111
1.86
114,602
13.13
1.2
10,000
16,872
10.00
14,625
10.00
10.00
16,228
10.00
134
1,004,341
11.00
12.50
11.00
10
18,336
15,024
151
120,019
100,000
111,408
135,000
101,402
159,016
122,487
141
13
113,487
130
189
181
181
188
188
1
1
16
We found 201 numbers that start with the digit 2. Here they are:
23,886,987
2,675
245
201
2,942
2,078
2,120
2,547
27
2,700
2,556
2,982
200,000,000
24,135,035
23,785,043
24,142,535
23,819,948
238
238
280,359
280,048
210,749
201,743
27
27
2,523
2,040
2,478
2,124
2
216
205
21
207
205
24,062,854
23,644,647
23,819,948
238
280,048
201,743
205
27,405
21
21
23,785,043
238
280,359
210,749
23,490,527
236
264,010
246,408
2
207
207
23,668,315
238
265,487
27
257
2,124
216
2
225
266
2,133
250
271
2,675
21,498
2,547
2,500
24
28
21
2
2.1
2,116,932
21.9
2,663
27,501
2,756
2,006
28
2,745
20
20,267
23,644,647
25
25
2
21.9
261,230
261,230
25
21.9
242
219
205
23
219
213
2,982
2.0
2,000,000
2.5
2.0
2.7
21.8
2.6
2.1
216
250,000
2
2
2.0
200
200
2,000
2,180
2,500
2.5
280
2,514,970
2,514,970
2.1
2,514,970
2,766,467
2.1
25
250,000
25
2
2
2
2
2.0
2
2
2
2
2,547
2,547
2,547
2,500
248
2
2.5
27
22
28
20
20
245
245
201
2,505
2,505
2,078
2,120
21
29
205
24,062,854
23,644,647
27
223
21
23.7
263
2,500
22
2,478
2,078
2,120
20,000
20,000
250
2,615,795
260,000
250,000
294,000
250,000
29,253
24.17
25
25
24
296,759
285,036
2.99
2.58
22.91
218,245
20
22.91
26,189
22.91
2
2
We found 133 numbers that start with the digit 3. Here they are:
3,050
3,050
35
3,138
35,000,000
3,696
3,691
3,868
37
3,844
3,538
3,760
3,638
3,760
3,629
3,510
37
3,802
359
359
3,828
3,868
3,372
3,664
3,638
3,760
39
39
37
3,522
3,693
3,760
359
33
35
33
3
3,042
33,318
39
37.5
37.5
31.6
38
39
30.6
30,080,747
30.6
3,658,368
37,845
37.5
37.5
37.5
3,919,598
3.1
33,599
31.3
31.5
37.5
37.5
37.5
37.5
37.5
3.5
319
361
303
3,138
3.1
3.0
3.0
3.0
38
33
3.0
38
3.1
3,142
3,050
386
3,142
34
31.4
3
3
3
3
3
3
30
30
3,969
3,967
3
32
37
3,967
3,967
391
3,000
3,000
3,000
33
37
338
338
333
3,144
3,138
3,050
3,050
3,050
3,050
38
388,409
3,760
3,638
37
3,600
3.5
3,522
3,844
3,823
3,398
3,225,806
33,360
307,913
3.02
320
39
359
31
31
4's 5's 6's
We found 86 numbers that start with the digit 4. Here they are:
46,138
438
426
430
4,073
41
489
46
424
4,365
4,073
48
48
46
424
4,365
47,525
47,462
42
48
48
45
45
46.1
40
42,008
48
4,931
4.9
44.0
45
43
437
441
4,517
4,780
4.0
400,000
400
4,302
408
4,293
4,000,000
4,000,000
49
424
40
4.4
400,000
49.9
49.9
49.9
44,723
44,703
46,158
46,138
4,079
4,076
46,138
46,138
46,138
44
47
4.1
4.2
4.16
40.0
4.93
4.70
4.90
4.61
4.80
426
48
478,553
40
41.7
48,859
44.42
46,125
43,878
472,000
452,130
478,553
49.9
49.9
We found 75 numbers that start with the digit 5. Here they are:
515
5,191
5
51
50
568
582
5
5
5
56
50,700
50,700
56
50,700
519
5
5,484
50
50
50
50
50
50
51
50,000,000
53
5,000,000
5
589,024
5.01
5.19
5,000,000
5
5
5
5
5
50
55,252
55,222
59,298
59,298
5,191
5,191
59,298
5,266
51
50
54
55.0
50.0
5.02
5.20
5.10
59.0
54.0
558
552
50
51.3
51
59
5
5.0
508
567,437
5
59
59
530
589
5
5
52.9
We found 60 numbers that start with the digit 6. Here they are:
63,265
614
614
68
6
647
649
649
6
6,786
6,786
67
68
67
67
67
67
60,673,087
6,067,306
6
6
67
69,509
614
69,509
67
68
686
614
614
6
654
63
6.7
63,300
63,265
6,772
6,772
6,772
67,547
6,905
63
68
65.0
638,409
6
68
68
6.2
696,770
6
600,000
638,409
638,409
625,000
6
608,540
6
649
68
7's 8's 9's
We found 61 numbers that start with the digit 7. Here they are:
787,163
70,481
72,502
7,645
734
733
7,239
7,514
74
73
787,163
73,516
77,384
76
787,163
7,500
787,163
77,384
787,163
79
79
76
76
787,163
79
77
796
79
79
7.3
70
716
720
7.6
7.5
720
72
70
70,000,000
7,529
79
7
742
77
7,194
71
71
7.6
74
75
70
78
70
78
787,163
77
756
783
7,500
7.40
77
We found 48 numbers that start with the digit 8. Here they are:
8,159
87,835
8
8
82,185
86,258
87,835
86
8,980
8
86,258
8
8
869
8
86
8
8,575
807
8,301
8,159
84
84
8.2
8
89,861
89.9
8
8.5
80
8
84
8
800
84
835
8,000,000
80
873
873
84,159
88.0
81
81
855,173
84,012
87,835
8.2
We found 66 numbers that start with the digit 9. Here they are:
96,832
96,832
93
9,199
9,211
9,006
9,211
9,185
9,006
9,211
96,629
925
94,512
9,211
908
9
9,000
925
95
925,000
95
93
90
95
90
94
9
93
95,244
90
90
9.375
90
90
95
95
98
95
9
95
90
98.3
947
956
954
964
980
986
95
95
95
97.0
97.0
988
993
95
9,211
9,006
9.2
93,434
96,832
98.0
9.55
9.55
986,835
915
While the above RFL 10Q Filed 12/11/2024 is interesting in isolation, we have found that it is also useful to take a look at older RAFAEL HOLDINGS INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 12/11/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical RFL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

24.4
20.8
13.8
8.9
7.8
6.2
6.3
5.0
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 966

= Typical RFL range from 3/17/2022 to 12/11/2024
27.5
21.4
11.6
9.7
7.0
6.6
5.2
5.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,062

= Typical RFL range from 3/17/2022 to 12/11/2024
25.4
22.6
12.9
8.3
6.3
8.0
5.9
5.4
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,156

= Typical RFL range from 3/17/2022 to 12/11/2024
34.0
13.8
7.0
7.9
10.2
5.8
7.5
6.9
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 795

= Typical RFL range from 3/17/2022 to 12/11/2024
27.3
20.3
12.9
9.2
5.9
7.3
5.9
5.3
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,237

= Typical RFL range from 3/17/2022 to 12/11/2024
 

Benford's Law RFL Stock (RAFAEL HOLDINGS INC.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.