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 3/13/2025 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.
25.0
21.4
12.5
8.4
8.4
7.4
6.3
5.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 1,245
Recent share count: 24,227,096 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1245
High count compared to other filers, with RFL falling in the highest quartile of filers. At this number count, it would take about 12 numbers to move any given column by a full percentage point.
98

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.
Benford's Law Stocks Indicator
RFL
High score compared to other filers, with RFL falling in the highest 10% of filers.
PL
PSN
SKIL
TFC
PPL
QSR
SCS
SMRT
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 311 numbers that start with the digit 1. Here they are:
16,589
1,933
10,759
12,010
1,135
1,146
1,787
1,847
1,575
1,575
1,412
1,798
107
113
1,700
1,700
10,479
10,574
101,487
168
168
135
111
136
1,101
176
10,483
1,057
1,275
1,633
1,633
16
178
1,102
115
163
118
14,506
14,538
143
13,647
14,538
14,481
145
13,588
19
10
19
10
101,487
168
14,809
101,487
168
101,487
168
13,647
14,538
101,487
168
170,971
143
101,402
1,151
1,151
164,924
101,487
168
102,254
167,333
1,362
1,364
1,151
1,151
101,487
101,487
168
168
19
164,924
101,487
168
102,254
14,538
176
115
178
1,052
1,633
1,102
18
1,364
103
184
15
11
13
16,898
105,063
100,090
17
15,000
1,989
1,299
168
125
14,362
100
100
100
100
100
100
18
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
136
1.21
1.17
16.7
12
10
10
10
12
10,000,000
1.25
12
180
1,412
1,798
10.5
100
156
1.0
15
15
15,975,000
1878
15,975,000
1878
15,975,000
16
16
13,771
150
1.0
1.6
1,499
1,151
1.7
1.7
173.75
1.25
1
1.25
12,998,194
10.8
10.0
12.0
10.7
1.3
1
1
16
16
178
10,009
10,009
16,589
16,589
1,135
1,135
10,009
18,474
10,746
10,746
1,264
1,264
1,146
1,146
14,713
10,148
14,637
10,148
115
1,338
123
1,411
1,163
11
15,000
1,102
18,474
18,474
1.25
1.14
101
11
12
11
100
1.19
1.19
1.19
1.26
14
104.0
1.19
1.19
1.19
12
12
1.19
15
145
1,096
1,018
1,933
1,902
138
1,764
1,952
165
1,787
133
124
124
124
1,210
1,787
12
12
1,301,974
14,538
143
13,647
19
10
19
10
155
147
144
14.5
15
154
10,483
136
136
1,306
1,933
1,337
10,000
1,000,000
1.1
1.75
101,487
168
112,501
1,919,025
1.86
13.13
1.0
10,000
10.00
14,625
10.00
10.00
16,228
10.00
124
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
1.92
1,175
189
1,364
154
136
126
181
181
188
188
100,000
We found 266 numbers that start with the digit 2. Here they are:
24,125,609
2,675
245
200
2,120
2,547
20
2,546
2,556
2,982
200,000,000
24,227,096
24,125,609
24,142,535
23,819,948
241
238
280,831
280,048
215,390
201,743
29
27
205
2,591
2,561
2,273
25
2,572
20
206
2,144
265
2,409
2,144
24
265
28
2,379
264
2,643
26
25
24,150,218
23,642,421
24,121,186
23,643,660
24,150,218
24,402,069
24,121,186
24,403,308
23,785,043
238
280,359
210,749
27
27
28
28
24,125,152
241
280,831
215,390
23,819,948
238
280,048
201,743
24
24
24,125,152
241
280,831
215,390
23,668,315
238
265,487
23,598
23,695,332
238
266,159
2,685
23,490,527
236
264,010
2,409
265
2,144
2
265
265
23,695,332
238
266,159
2,685
2,144
27
285
2
226
2
2
271
2,290
2,500
2
2,675
21,498
2,500
210
200
2,000
257
27
2
2
2.1
2,116,932
21.9
2,663
27,501
2,756
2,006
28
2,745
20
20,267
28,499
22
21
23,642,421
23,643,660
24,402,069
24,403,308
25
25
2
21.9
261,230
261,230
25
21.9
248
224
205
24
231
213
2,982
2.0
2.0
2.5
2.0
2.7
21.8
2.6
2.1
206
250
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
2.5
25
250
25
2
2
2
2
2
2
2.5
2
2
2.5
2.5
2
2
2
28,483
2,547
2,547
2,547
2,500
26
2,500
2,500
2
27
2.7
27
22
28
20
20
27
20
22
245
245
200
2,505
2,505
2,120
27
23
219,687
2,144
265
2,409
24,150,218
23,642,421
24,121,186
23,643,660
24,150,218
24,402,069
24,121,186
24,403,308
26
25
29
27
279
27
21.1
20
2.6
205
27
2,120
20,000
20,000
250
260,000
250,000
294,000
250,000
219,687
29,253
24.17
25
25
24
296,759
285,036
270,000
2.99
292,393
2.42
2.62
2
2
2.5
2.5
We found 156 numbers that start with the digit 3. Here they are:
3,050
35
3,294
35,000,000
3,724
3,691
3,182
38
38
3,050
3,050
3,143
399
3,751
325
32
3
33
30
3,828
3,868
354,918
3
3
3
3,859
3,182
3,802
354,918
3
33
33
3,859
3,182
3,522
3,693
3,626
3,372
3,664
347,810
37
30
30
3,626
3,050
3,751
38
33
396
372
312
32
34
37.5
37.5
31.6
38
33
38
3.1
30.6
30,080,747
30.6
3,658,368
37,845
37.5
37.5
37.5
3,919,598
3.1
31.3
30.4
37.5
37.5
37.5
37.5
37.5
3.5
342
339
320
3,294
311
3.3
3.0
3.0
3.0
38
33
3.0
38
3.1
3,142
3,050
386
3,142
3.1
34
3,968,254
39.5
3.8
39.5
3
3
3
3
3
3
3,968,254
3
3
3,969
3,967
3
32
37
399
3,967
3,967
3
38
33
37
300
338
333
3,029
3,138
38
3.1
3.1
3,050
3,050
3,050
39
3,600
38
36.6
32
3,259
3,395
3,148
3,143
3,727
3,740
3,398
3,365,795
3,225,806
33,360
307,913
354,918
38
39
31
31
39
4's 5's 6's
We found 105 numbers that start with the digit 4. Here they are:
48,319
426
430
4,073
48
41
4,601
489
46
424
486
422
4,641
46
4,608
4,641
499
4,073
42,214
43
43
46
46
41,518
46
424
422
43
4,662
42
45,644
48,319
45
45
48.3
48
40
42,008
48
4,931
4.9
4,655
44.0
45
43
437
441
4,706
4,780
4.0
400,000
400
4,302
422
408
4,293
4,000,000
4,000,000
49
424
40
400
49.9
49.9
49.9
49.9
49.9
49.9
4,079
4,076
486
44
48
4.3
4.4
4.36
4.5
4.93
4.70
4.90
4.6
4.7
4.5
4.6
4.40
4.3
4.4
426
443
4,641
40
40
44
48,859
44.42
46,125
46,125
43,878
472,000
452,130
464
48
487
49.9
49.9
We found 104 numbers that start with the digit 5. Here they are:
515
5,191
5
51
56
54
5,114
55
5,621
576
51
5,307
5,327
5,904
5,327
5,904
58
5,296
57
57
5,327
502
50,700
5,904
58
58
50,787
50,787
56
56
55
576
515
5
5,357
51,076
50
50
50
5,100
50
50
50
51
50,000,000
53
5.0
5
589
5.01
5.19
5,000,000
5
5
5
5
5
50
5
5
5
52.9
55,252
55,222
576
59,298
59,298
5,191
5,191
59,298
5,266
51
514
56
55.0
5.5
5.02
5.20
5.10
59.0
59
552
51
55
50
5,327
5,904
57
57
56
54
51.3
5.3
5
51
5,648
5,621
5
5.0
567,068
502
526
5
5
We found 92 numbers that start with the digit 6. Here they are:
63,265
65,833
614
614
69,381
68
612
6,639
693
614
6,110
6
686
6,047
6,008
688
6,153
686
6,047
6
6
6,786
67
68
67
67
67
62
67
60,673,087
6,067,306
6
6
6
67
69,509
614
69,509
67
68
686
614
614
6
654
63
6
63
63,300
63,265
6,905
66
6,000
6,794
6,794
68
65.0
60
66
638,409
638,409
638,409
663,565
663,565
638,409
638,409
686
6,047
69
68
69
68
69
6.1
6
6,639
68
68
6,712
627
6.2
696,770
6
600,000
638,409
638,409
625,000
6
608,540
663,565
667
68
7's 8's 9's
We found 79 numbers that start with the digit 7. Here they are:
787,163
725
72,502
731
733
7,110
7,514
75
73
787,163
72,563
77
75
7,594
78
787,163
77,384
787,163
72,563
787,163
7,500
75
75
787,163
72,563
787,163
79
715
715
787,163
787,163
787,163
7,594
712
70
75
75
7,136
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
750
750
74
72
77
72
77
759,648
759,648
787,163
73.2
77
77
79,302
783
750,000
7,500
7.40
784
77
715
77
We found 66 numbers that start with the digit 8. Here they are:
83,042
8
8
82,185
86,258
83,042
82
80
891
893
8
8
8
86,258
891
858
861
8
8
89
89
8
8
82
82
869
8
81
861
883
80,694
800
82
84
8
89,861
89.9
8
8.5
80
8
84
8
800
84
835
8
8.0
80
84,159
88.0
87
80
80
82
83
86
81
81
883,252
891
85
83,042
84,918
861
87
We found 66 numbers that start with the digit 9. Here they are:
96,832
96,832
98
947
90
9,718
94,512
96,629
925
9,577
925
95
925,000
93
90
95
90
94
9
93
99,899
90
90
9.375
90
90
95
98
95
9.7
95
92
97.7
947
956
954
964
980
986
95
95
95
97.0
97.0
977
990
984
996
981
990
95
95
95
92
987
996
95
99
93,434
96,832
98.0
9.55
9.55
986,835
915
9
While the above RFL 10Q Filed 3/13/2025 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 3/13/2025 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.

25.0
21.4
12.5
8.4
8.4
7.4
6.3
5.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,245

= Typical RFL range from 3/17/2022 to 3/13/2025
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: 86
XBRL?   [ original filing ]
Total numbers found: 1,237

= Typical RFL range from 3/17/2022 to 3/13/2025
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 3/13/2025
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: 89
XBRL?   [ original filing ]
Total numbers found: 1,062

= Typical RFL range from 3/17/2022 to 3/13/2025
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: 88
XBRL?   [ original filing ]
Total numbers found: 1,156

= Typical RFL range from 3/17/2022 to 3/13/2025
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: 44
XBRL?   [ original filing ]
Total numbers found: 795

= Typical RFL range from 3/17/2022 to 3/13/2025
 

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