Vox Royalty Corp. (VOXR) - Net Assets
Based on the latest financial reports, Vox Royalty Corp. (VOXR) has net assets worth CA$152.67 Million CAD (≈ $110.44 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$162.97 Million ≈ $117.89 Million USD) and total liabilities (CA$10.30 Million ≈ $7.45 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VOXR strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$152.67 Million |
| % of Total Assets | 93.68% |
| Annual Growth Rate | 110.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 195.77 |
Vox Royalty Corp. - Net Assets Trend (2018–2025)
This chart illustrates how Vox Royalty Corp.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Vox Royalty Corp..
Annual Net Assets for Vox Royalty Corp. (2018–2025)
The table below shows the annual net assets of Vox Royalty Corp. from 2018 to 2025. Also explore net asset momentum of Vox Royalty Corp. to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$107.05 Million ≈ $77.44 Million |
+148.60% |
| 2024-12-31 | CA$43.06 Million ≈ $31.15 Million |
-4.15% |
| 2023-12-31 | CA$44.92 Million ≈ $32.50 Million |
+26.85% |
| 2022-12-31 | CA$35.41 Million ≈ $25.62 Million |
-- |
| 2021-12-31 | CA$0.00 ≈ $0.00 |
-- |
| 2020-12-31 | CA$13.92 Million ≈ $10.07 Million |
+332.07% |
| 2019-12-31 | CA$3.22 Million ≈ $2.33 Million |
+459.22% |
| 2018-12-31 | CA$576.01K ≈ $416.68K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vox Royalty Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2816018400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$129.98 Million | 121.42% |
| Other Comprehensive Income | CA$5.35 Million | 5.00% |
| Total Equity | CA$107.05 Million | 100.00% |
Vox Royalty Corp. Competitors by Market Cap
The table below lists competitors of Vox Royalty Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BHG Group AB (publ)
ST:BHG
|
$379.60 Million |
|
Sandhar Technologies Limited
NSE:SANDHAR
|
$379.66 Million |
|
Guangdong Dcenti Auto-Parts Stock Ltd Co
SHG:603335
|
$379.67 Million |
|
Hangzhou Zongheng Commun
SHG:603602
|
$379.70 Million |
|
Tarczynski S.A.
WAR:TAR
|
$379.43 Million |
|
Scribe Therapeutics Inc. Common Stock
NASDAQ:SCTX
|
$379.31 Million |
|
Morguard North American Residential Real Estate Investment Trust
TO:MRG-UN
|
$379.18 Million |
|
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY
|
$378.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vox Royalty Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,060,199 to 107,046,000, a change of 63,985,801 (148.6%).
- Net income of 5,886,000 contributed positively to equity growth.
- Dividend payments of 2,707,000 reduced retained earnings.
- Share repurchases of 63,251,000 reduced equity.
- New share issuances of 63,251,000 increased equity.
- Other comprehensive income increased equity by 624,224.
- Other factors increased equity by 60,182,577.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$5.89 Million | +5.5% |
| Dividends Paid | CA$2.71 Million | -2.53% |
| Share Repurchases | CA$63.25 Million | -59.09% |
| Share Issuances | CA$63.25 Million | +59.09% |
| Other Comprehensive Income | CA$624.22K | +0.58% |
| Other Changes | CA$60.18 Million | +56.22% |
| Total Change | CA$- | 148.60% |
Book Value vs Market Value Analysis
This analysis compares Vox Royalty Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.07x to 3.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$3.64 | CA$7.55 | x |
| 2019-12-31 | CA$1.80 | CA$7.55 | x |
| 2020-12-31 | CA$0.47 | CA$7.55 | x |
| 2021-12-31 | CA$0.55 | CA$7.55 | x |
| 2022-12-31 | CA$0.83 | CA$7.55 | x |
| 2023-12-31 | CA$0.95 | CA$7.55 | x |
| 2024-12-31 | CA$0.85 | CA$7.55 | x |
| 2025-12-31 | CA$2.06 | CA$7.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vox Royalty Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.41%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.15x
- Recent ROE (5.50%) is above the historical average (-18.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -20.63% | 0.00% | 0.00x | 1.05x | CA$-176.42K |
| 2019 | -39.37% | 0.00% | 0.00x | 1.50x | CA$-1.59 Million |
| 2020 | -74.10% | -8170.65% | 0.01x | 1.09x | CA$-11.71 Million |
| 2021 | -19.95% | -113.15% | 0.13x | 1.32x | CA$-6.20 Million |
| 2022 | 0.93% | 3.86% | 0.20x | 1.18x | CA$-3.21 Million |
| 2023 | -0.23% | -0.82% | 0.23x | 1.17x | CA$-4.59 Million |
| 2024 | -3.83% | -14.93% | 0.22x | 1.19x | CA$-5.96 Million |
| 2025 | 5.50% | 35.41% | 0.13x | 1.15x | CA$-4.82 Million |
Industry Comparison
This section compares Vox Royalty Corp.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $13,478,635
- Average return on equity (ROE) among peers: -287.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vox Royalty Corp. (VOXR) | CA$152.67 Million | -20.63% | 0.07x | $379.55 Million |
| AbraSilver Resource Corp. (ABRA) | $28.75 Million | -87.29% | 0.38x | $1.47 Billion |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $3.35 Million |
| Arctic Star Exploration Corp (ADD) | $22.35 Million | -21.18% | 0.05x | $1.73 Million |
| Adyton Resources Corp (ADY) | $20.19 Million | -10.94% | 0.03x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $744.66K | -744.51% | 0.75x | $7.32 Million |
| Austral Gold Ltd (AGLD) | $14.10 Million | -82.86% | 4.95x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $14.77 Million | -5.14% | 0.08x | $31.34 Million |
| American Creek Resources Ltd (AMK) | $11.52 Million | -10.89% | 0.22x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $1.22 Million | -1903.68% | 0.04x | $4.54 Million |
About Vox Royalty Corp.
Vox Royalty Corp. operates as a mining royalty company. The company holds a portfolio of 70 precious metals royalties in Australia, Canada, the United States of America, South Africa, Brazil, and Peru. The company was founded in 2014 and is based in Westminster, Colorado.