VOXX International Balance Sheet Health
Financial Health criteria checks 5/6
VOXX International has a total shareholder equity of $274.6M and total debt of $47.6M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are $498.4M and $223.8M respectively.
Key information
17.3%
Debt to equity ratio
US$47.59m
Debt
Interest coverage ratio | n/a |
Cash | US$10.39m |
Equity | US$274.64m |
Total liabilities | US$223.75m |
Total assets | US$498.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOX's short term assets ($274.1M) exceed its short term liabilities ($151.7M).
Long Term Liabilities: VOX's short term assets ($274.1M) exceed its long term liabilities ($72.1M).
Debt to Equity History and Analysis
Debt Level: VOX's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: VOX's debt to equity ratio has increased from 3.7% to 17.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VOX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VOX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.6% per year.