Vox Royalty Balance Sheet Health
Financial Health criteria checks 6/6
Vox Royalty has a total shareholder equity of $44.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $53.0M and $8.8M respectively. Vox Royalty's EBIT is $500.5K making its interest coverage ratio -2. It has cash and short-term investments of $9.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -2x |
| Cash | US$9.30m |
| Equity | US$44.24m |
| Total liabilities | US$8.77m |
| Total assets | US$53.02m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VOXR's short term assets ($12.3M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: VOXR's short term assets ($12.3M) 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 71%.
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 VOXR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VOXR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.7% per year.