Rafael Holdings (RFL) Notes Payables (2021 - 2026)
Rafael Holdings (RFL) reported Notes Payables of $608,000 for fiscal Q3 2026 (quarter ended Apr 30, 2026), down 64.2% from $1.7 million a year earlier and unchanged from the prior quarter.
Rafael Holdings (RFL) Notes Payables (2021 - 2026) Analysis & Trends
At the end of FY2025 (ended Jul 31, 2025), Rafael Holdings posted Notes Payables of $614,000, down 63.9% from FY2024.
- Notes Payables has a four-year compound annual growth rate of -54.7% (FY2021 to FY2025).
- By fiscal year, Notes Payables came in at $1.7 million in FY2024 (+410.5%), $333,000 in FY2023 (-97.8%), $15 million in FY2022 (+3.2%) and $14.53 million in FY2021.
- Five-year quarterly Notes Payables spans a low of $333,000 in fiscal Q4 2023 and a high of $15 million in fiscal Q4 2022.
- Year over year, Notes Payables has now declined in each of the last four quarters, with growth averaging 51.9% over the last eight quarters.
- The high point for year-over-year Notes Payables in five years was fiscal Q4 2024 (growth of 410.5%); the low point was fiscal Q4 2023 (a decline of 97.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $608,000 (Q2 2026), $608,000 (Q1 2026) and $614,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Rafael Holdings | 102.93 Mn | 108.34 Mn | 163,000.00 |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 608,000.00 |
| Jan 31, 2026 | 608,000.00 |
| Oct 31, 2025 | 608,000.00 |
| Jul 31, 2025 | 614,000.00 |
| Apr 30, 2025 | 1.70 Mn |
| Jan 31, 2025 | 1.70 Mn |
| Oct 31, 2024 | 1.70 Mn |
| Jul 31, 2024 | 1.70 Mn |
| Apr 30, 2024 | 1.70 Mn |
| Jan 31, 2024 | 1.70 Mn |
| Oct 31, 2023 | 471,000.00 |
| Jul 31, 2023 | 333,000.00 |
| Jul 31, 2022 | 15.00 Mn |
| Apr 30, 2022 | 14.90 Mn |
| Jan 31, 2022 | 14.78 Mn |
| Oct 31, 2021 | 14.65 Mn |
| Jul 31, 2021 | 14.53 Mn |
Rafael Holdings Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=RFL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "RFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=RFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();