Vox Royalty Corp. (VOXR) - Net Assets
Based on the latest financial reports, Vox Royalty Corp. (VOXR) has net assets worth CA$101.17 Million CAD (≈ $73.19 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$123.41 Million ≈ $89.27 Million USD) and total liabilities (CA$22.24 Million ≈ $16.09 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$101.17 Million |
| % of Total Assets | 81.98% |
| Annual Growth Rate | 105.21% |
| 5-Year Change | 209.39% |
| 10-Year Change | N/A |
| Growth Volatility | 214.44 |
Vox Royalty Corp. - Net Assets Trend (2018–2024)
This chart illustrates how Vox Royalty Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vox Royalty Corp. (2018–2024)
The table below shows the annual net assets of Vox Royalty Corp. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 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 3107252300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$69.53 Million | 161.47% |
| Other Comprehensive Income | CA$4.72 Million | 10.97% |
| Total Equity | CA$43.06 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 |
|---|---|
|
enCore Energy Corp. Common Shares
NYSE MKT:EU
|
$363.26 Million |
|
FocalTech Systems Co Ltd
TW:3545
|
$363.27 Million |
|
Tourism Finance Corporation of India Limited
NSE:TFCILTD
|
$363.30 Million |
|
Shenzhen Dvision Video Communica
SHE:300167
|
$363.52 Million |
|
Oceana
JSE:OCE
|
$362.80 Million |
|
Five Point Holdings LLC
NYSE:FPH
|
$362.66 Million |
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
$362.61 Million |
|
K-Bro Linen Inc.
TO:KBL
|
$362.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vox Royalty Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,923,670 to 43,060,199, a change of -1,863,471 (-4.1%).
- Net loss of 1,649,082 reduced equity.
- Dividend payments of 2,272,217 reduced retained earnings.
- Other comprehensive income increased equity by 565,623.
- Other factors increased equity by 1,492,205.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.65 Million | -3.83% |
| Dividends Paid | CA$2.27 Million | -5.28% |
| Other Comprehensive Income | CA$565.62K | +1.31% |
| Other Changes | CA$1.49 Million | +3.47% |
| Total Change | CA$- | -4.15% |
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: 8.60x
- 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 2.02x to 8.60x 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$7.35 | x |
| 2019-12-31 | CA$1.80 | CA$7.35 | x |
| 2020-12-31 | CA$0.47 | CA$7.35 | x |
| 2021-12-31 | CA$0.55 | CA$7.35 | x |
| 2022-12-31 | CA$0.83 | CA$7.35 | x |
| 2023-12-31 | CA$0.95 | CA$7.35 | x |
| 2024-12-31 | CA$0.85 | CA$7.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vox Royalty Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.93%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.19x
- Recent ROE (-3.83%) is above the historical average (-22.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -20.63% | 0.00% | 0.00x | 1.05x | CA$-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 |
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: $9,429,962
- Average return on equity (ROE) among peers: -164.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vox Royalty Corp. (VOXR) | CA$101.17 Million | -20.63% | 0.22x | $362.98 Million |
| AbraSilver Resource Corp. (ABRA) | $-80.98K | 0.00% | 0.00x | $1.96 Billion |
| Archon Minerals Ltd (ACS) | $-1.50 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -1496.52% | 0.09x | $1.73 Million |
| Adyton Resources Corp (ADY) | $558.29K | -7.75% | 0.15x | $81.84 Million |
| Adamera Minerals Corp. (ADZ) | $1.60 Million | -39.88% | 0.43x | $4.43 Million |
| Austral Gold Ltd (AGLD) | $58.54 Million | -9.13% | 0.35x | $71.89 Million |
| Clean Air Metals Inc (AIR) | $683.61K | -32.64% | 0.05x | $12.69 Million |
| Alpha Exploration Ltd (ALEX) | $14.77 Million | -5.14% | 0.08x | $48.22 Million |
| American Creek Resources Ltd (AMK) | $2.01 Million | -32.79% | 0.04x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $16.37 Million | -23.62% | 0.01x | $3.47 Million |
About Vox Royalty Corp.
Vox Royalty Corp. operates as a mining royalty company. The company holds a portfolio of 69 precious metals royalties in Australia, Canada, the United States of America, South Africa, Brazil, and Peru. Vox Royalty Corp. was founded in 2014 and is based in Westminster, Colorado.