Vox Royalty Balance Sheet Health

Financial Health criteria checks 6/6

Vox Royalty has a total shareholder equity of $44.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $52.2M and $7.5M respectively. Vox Royalty's EBIT is $3.0M making its interest coverage ratio -6.7. It has cash and short-term investments of $9.6M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-6.7x
CashUS$9.57m
EquityUS$44.71m
Total liabilitiesUS$7.52m
Total assetsUS$52.24m

Recent financial health updates

Recent updates

Vox Royalty Corp.'s (TSE:VOXR) Business Is Yet to Catch Up With Its Share Price

Feb 17
Vox Royalty Corp.'s (TSE:VOXR) Business Is Yet to Catch Up With Its Share Price

Growth Investors: Industry Analysts Just Upgraded Their Vox Royalty Corp. (TSE:VOXR) Revenue Forecasts By 12%

Sep 21
Growth Investors: Industry Analysts Just Upgraded Their Vox Royalty Corp. (TSE:VOXR) Revenue Forecasts By 12%

Is Vox Royalty (CVE:VOX) In A Good Position To Deliver On Growth Plans?

May 19
Is Vox Royalty (CVE:VOX) In A Good Position To Deliver On Growth Plans?

Here's Why We're Not Too Worried About Vox Royalty's (CVE:VOX) Cash Burn Situation

Jul 29
Here's Why We're Not Too Worried About Vox Royalty's (CVE:VOX) Cash Burn Situation

We're Not Very Worried About Vox Royalty's (CVE:VOX) Cash Burn Rate

Mar 17
We're Not Very Worried About Vox Royalty's (CVE:VOX) Cash Burn Rate

Estimating The Intrinsic Value Of Vox Royalty Corp. (CVE:VOX)

Nov 27
Estimating The Intrinsic Value Of Vox Royalty Corp. (CVE:VOX)

Financial Position Analysis

Short Term Liabilities: VOXR's short term assets ($13.2M) exceed its short term liabilities ($2.5M).

Long Term Liabilities: VOXR's short term assets ($13.2M) exceed its long term liabilities ($5.0M).


Debt to Equity History and Analysis

Debt Level: VOXR is debt free.

Reducing Debt: VOXR has no debt compared to 5 years ago when its debt to equity ratio was 191.6%.

Debt Coverage: VOXR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VOXR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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