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 6/11/2026 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.
27.2
19.6
13.9
9.2
8.1
5.6
6.4
6.1
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 1,078
Recent share count: 51,224,977 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1078
High count compared to other filers, with RFL falling in the highest quartile of filers. At this number count, it would take about 11 numbers to move any given column by a full percentage point.
97

Starting from a possible score of 100, we made the following score deductions:
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
RFL
High score compared to other filers, with RFL falling in the highest 10% of filers.
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 293 numbers that start with the digit 1. Here they are:
1,045
1,206
1,524
1,596
1,399
1,858
19,939
19,939
114,109
11,020
11,600
138
138
11,187
15,738
101,487
168
168
114,109
173
147
179
106
16,866
153
16,396
1,023
1,529
178
1,393
165
154
18,970
19,022
18,589
19,022
18,589
1,328
1,437
163
18,426
19,022
18,589
108
110
18,646
18,444
1,327
1,432
165
18,279
19
101,487
168
1,328
172
172
12,142
19
19
101,487
168
101,487
168
1,437
19,022
1,152
1,157
110
110
101,487
168
101,487
168
17,192
14,621
14,692
101,487
168
101,487
168
18,426
163
18,589
1,211
1,214
108
108
14,621
14,692
108
108
101,487
168
19,022
18,589
153
178
1,157
1,214
18
1,023
1,260
1,206
176
10
13
13
16,894
17
19,500
108
11
110
14,692
100
100
100
100
100
100
100
10
11
11
18
13
13
14
15
1,087,100
14,692
12,998,194
112
1,041
1,040
1,464
19,939
1.1
1.0
1,230
12,998,194
12,998,194
1.4
1
1
12
10,000,000
1.25
11
16
18
1,179
156
10.5
100
156
1.0
15
1,858
1,858
1,858
1,858
1,858
18,474
1,858
10,148
1,264
19,500
1,719
1,719
1,068
1,012
1,524
1,596
16
129
19,939
19,939
19,939
19,939
1,040
144
1,040
144
1,040
1,040
130
130
130
130
109
1,676,670
1,033,409
1,676,670
1,033,409
1,087,100
1,087,100
19,022
18,589
1,328
1,437
163
18,426
19
13
13
15
1.28
1.28
16,386,020
14,069,858
173,965
10
19.0
1
19
17
173
173
150
16,855
11
16,866
153
13
15
147
147
106
106
198
15
177
12,596
13
16,396
17
1,393
165
154
12,596
13
16,396
1,023
1,529
178
18,970
1,165
1,524
1,275
1,596
111,954
114,109
15,000,000
10,000
1,000,000
1.1
100,000
1,919,025
1,000,000
1,652,112
1.38
1,676,670
1,248,508
1.02
10,000
16,872
16,228
10.00
16,228
10.00
16,228
10.00
1,004,341
11.00
12.50
11.00
10
1,087,100
1,087,100
118,596
154,200
1.28
1.66
1.56
150
1,091
123
172
1,157
1,214
188
We found 211 numbers that start with the digit 2. Here they are:
2,919
245
294
276
281
244
2,124
2,764
2
27
27
200,000,000
252,722
232,263
28
243
243
29
2,140
238
23,678
286
25
2,892
20,968
2,411
2,379
2,898
2,898
20,459
2,898
266
266
24
2,608
20,078
25,238,501
25,131,655
248,496
2,898
266
266
24
24
252,722
232,263
20,459
266
266
252,722
24,125,152
241
280,831
215,390
296,648
220,169
23,819,948
238
280,048
201,743
296,648
220,169
238
285
21
21,613
2,709
2,290
22,272
2,675
21,472
257
26
22
26
26
20,234,468
21,472
2.06
2.06
2.06
21.5
270
2,690
22
27
20
2
28,679
2.5
2
2
2
2
2
2
2.5
2
2
2.5
2.5
261,230
25
21.9
21.9
248
248
2
28
248
235
2,764
293
2,764
2.0
2.0
2.5
2.0
2.7
2,124
2,124
2,124
2,124
2,547
2,500
21,472
21,472
266
266
2,124
2,124
224
245
245
294
2,505
2,505
24
22
2,592
2,608
2,740,259
2,699,087
2,740,259
2,699,087
2,898
20,459
25,238,501
25,131,655
217
221
28
221
25.0
21.0
27
250,000
25
20
2.9
2.4
21.0
2.4
28.6
2,079
2,140
29
29
29
23,688
23,678
243
243
28
28
243
243
292
255
238
286
25
2,892
23,688
23,678
20,968
2,464
2,155
2.0
20,000
20,000
218,195
218,195
250,700
23,671
24,558
24.17
25
25
253,280
2.01
2.70
270,000
220,000
2.99
22
262
231
265
272
26
We found 150 numbers that start with the digit 3. Here they are:
30,497
34,858
31,575
31,575
34
3,304
3,895
35,000,000
323,234
322,161
358
3,897
3,787
3,980
30
368
362
31
3,170
3,003
3,050
383
327
3,723
3,958
37
3,963
3,935
323,081
323,234
322,161
3,980
323,234
3,859
3,182
353
353
33
33
360
360
30
30
31,240,188
312
3,947
3,940
3,802
354,918
3
360
360
30
30
37
37
31,240,188
312
3,947
3,940
3,958
3,050
30
333
3
35,261
30,497
37,936
360
31.6
38
30.5
30
3.1
3525
3.6
360
3,586
30,000
303
30,010
3
33,491
3,968,254
39.5
3
3
3
3
3
3
3,968,254
3
3
37.5
37.5
37.5
3,658,368
3.5
381
3,304
3,602
3,895
311
3.9
3.5
383
315
30
3.1
31,575
31,575
32
344
32
3,600
30
368
30
30
368
368
36
31
31
3,102
37
31
3,170
3,003
3,003
34
31
3,050
3,050
3,787
31
383
3,723
3,787
327
3,958
359
321
37,500
3.74
327,368
308
353
31
4's 5's 6's
We found 99 numbers that start with the digit 4. Here they are:
42
49
4,853
48
472
490
4,051
4,051
4,226
4,779
4,051
4
4,691
40
4,231
4,089
4,226
4,521
4,145
473,629
4,521
4,779
4,051
44
44
472
472
4
4
4,073
44
44
472
472
46
4
40
412
463
43,872
44
472
45,000
45
45
41
41
472
49,949
472
49.9
49.9
49.9
49.9
49.9
49.9
49.9
49.9
415
407
4.0
462
4
4
4,500
46
46
418,398
418,398
4,051
4,226
4,779
40
4,852
4,853
48
47
42
42
49
49
46
472
47
490
4.0
4,365,795
498
46,125
472,000
441,909
42.56
416,720
473,629
471,951
418,398
45
493
46
We found 87 numbers that start with the digit 5. Here they are:
51,212,833
52,769
56,714
535
51,206,648
50,789,697
513
508
5,417
567
5,276
5,913
5,144
54
52
51,229,576
51,327,943
51,218,790
513
51,206,648
513
5,417
50,789,697
508
5
56,678
51,206,648
513
5,417
59,406
54
5,144
515
5
5
5
52,769
500
582,000
50
50
5,208
5.1
5
5
5
5
5
5
5
5
5
5
50,000,000
5
571
5.0
500
500
500
55
578,578
578,578
51,229,576
51,327,943
59
51
500,000
5.75
52
54
55
57
5,884
5,913
5,021
5,276
5,884
5,913
57
5,144
54
50,000
50,000
50,000
5
527
We found 60 numbers that start with the digit 6. Here they are:
627
6,893
608
614
66
624
60
630
62
6,870
6
6,462
6
62
624
69
679
64
67
67
67
67
63
63
6
6
610
608
6
627
63
645,191
645,191
60
61
60
6.3
6
6.5
60
60
6,879
6,870
62
60
6,879
60
6,870
6
6,462
696,770
697,203
6.65
6.31
625,000
6
645,191
64,543
645,191
664
7's 8's 9's
We found 69 numbers that start with the digit 7. Here they are:
787,163
786
750
7,043
723
70
78
787,163
75,386
7,260
719
74
728
728
73
787,163
787,163
787,163
79
79
787,163
787,163
72,563
728
7,132,228
71
787,163
787,163
7,500
7,132,228
71
787,163
719
719
76
750
79
73
73
75
7,132,228
7,132,228
72
72
72
7
7,638
76
797
767
7,199
750
719
73
777
728
73
787,163
7
7,074
7,260
7,794
719
74
750,000
7.75
78
77
75
We found 66 numbers that start with the digit 8. Here they are:
872
896
80
8
8
80,803
89
84
89
8
8,284
84
8
83,258
8
80,803
8
8
80,803
8
84
84
8
84,518
8
86,258
8
84,518
81
86
8
8,547
80,694
84
877
814
8.5
8.5
80
84
81
896
896
896
89
84
8
86,983
89
89
89
8
8
8
89
89
84
84
8,284
8
89,526
850,000
852,168
852,168
88
84,918
We found 43 numbers that start with the digit 9. Here they are:
994
91,990
94,391
98,371
91,990
93
9
9
98,371
90
95
925,000
93
90
95
90
9,367
9.4
933
9,832
9.375
90
90
93
98
95
994
994
98
93
98
9
9
93
93
9
9
91,990
99,429
96,000
99,429
90
933
While the above RFL 10Q Filed 6/11/2026 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 6/11/2026 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.

27.2
19.6
13.9
9.2
8.1
5.6
6.4
6.1
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,078

= Typical RFL range from 3/17/2022 to 6/11/2026
28.8
20.8
14.5
7.0
7.4
6.5
5.3
4.4
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,263

= Typical RFL range from 3/17/2022 to 6/11/2026
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 6/11/2026
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 6/11/2026
26.4
17.7
14.8
8.3
9.3
7.7
5.2
5.4
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,026

= Typical RFL range from 3/17/2022 to 6/11/2026
26.7
20.4
14.7
9.3
6.9
6.2
6.6
5.2
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,309

= Typical RFL range from 3/17/2022 to 6/11/2026
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 6/11/2026
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: 49
XBRL?   [ original filing ]
Total numbers found: 795

= Typical RFL range from 3/17/2022 to 6/11/2026
27.5
19.0
14.6
6.2
9.7
4.3
5.1
4.4
9.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 48
XBRL?   [ original filing ]
Total numbers found: 752

= Typical RFL range from 3/17/2022 to 6/11/2026
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 6/11/2026
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 6/11/2026
 

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