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 |
Cash | US$9.57m |
Equity | US$44.71m |
Total liabilities | US$7.52m |
Total assets | US$52.24m |
Recent financial health updates
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.