Vox Long Term Debt vs Total Assets Analysis

VOXR Stock

USD 2.78 0.00 0.00%

Vox Royalty financial indicator trend analysis is much more than just breaking down Vox Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vox Royalty Corp is a good investment. Please check the relationship between Vox Royalty Long Term Debt and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vox Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vox Royalty Corp Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Vox Royalty's Long Term Debt and Total Assets is -0.57. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Vox Royalty Corp, assuming nothing else is changed. The correlation between historical values of Vox Royalty's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Vox Royalty Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Vox Royalty's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Vox Royalty Corp has held for over one year. Long-term debt appears on Vox Royalty Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Vox Royalty Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Vox Royalty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Vox Royalty Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Vox Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vox Royalty Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vox Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Vox Royalty's Selling General Administrative is relatively stable compared to the past year. As of 11/23/2024, Issuance Of Capital Stock is likely to grow to about 8.5 M, while Tax Provision is likely to drop slightly above 1.7 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.1M	1.9M	2.6M	1.3M
Interest Income	12.6K	83.0K	399.0K	418.9K

Depreciation And Amortization Interest Income

Vox Royalty fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total
Other Current Liab		-0.09	0.8	0.94	-0.86	-0.88	0.91	-0.22	0.85	0.98	0.95	0.9	-0.78	0.89	0.9	-0.78	-0.9	0.85	0.84	0.9	-0.75	-0.78	0.84	0.82	-0.34	0.87
Total Current Liabilities	-0.09		-0.41	-0.39	0.55	0.18	0.13	-0.87	-0.05	-0.27	-0.36	-0.35	0.17	-0.36	-0.32	0.17	0.48	-0.34	-0.45	-0.33	0.28	0.17	-0.43	-0.54	0.2	-0.38
Other Liab	0.8	-0.41		0.83	-0.9	-0.75	0.49	0.05	0.83	0.87	0.83	0.91	-0.38	0.89	0.89	-0.38	-0.85	0.83	0.91	0.89	-0.88	-0.38	0.94	0.93	-0.04	0.98
Net Tangible Assets	0.94	-0.39	0.83		-0.96	-0.79	0.81	0.12	0.78	0.98	1.0	0.95	-0.75	0.95	0.95	-0.75	-0.96	0.93	0.91	0.95	-0.69	-0.75	0.88	0.93	-0.5	0.89
Retained Earnings	-0.86	0.55	-0.9	-0.96		0.78	-0.65	-0.25	-0.76	-0.93	-0.95	-0.93	0.65	-0.93	-0.92	0.65	0.97	-0.9	-0.93	-0.92	0.76	0.65	-0.92	-0.98	0.37	-0.93
Other Assets	-0.88	0.18	-0.75	-0.79	0.78		-0.77	0.19	-0.83	-0.86	-0.8	-0.75	0.8	-0.73	-0.72	0.8	0.87	-0.58	-0.83	-0.71	0.9	0.8	-0.88	-0.71	0.06	-0.84
Net Receivables	0.91	0.13	0.49	0.81	-0.65	-0.77		-0.3	0.75	0.82	0.82	0.74	-0.86	0.74	0.74	-0.86	-0.75	0.69	0.68	0.74	-0.49	-0.86	0.63	0.59	-0.54	0.62
Other Stockholder Equity	-0.22	-0.87	0.05	0.12	-0.25	0.19	-0.3		-0.18	-0.07	0.08	0.09	0.04	0.12	0.07	0.04	-0.19	0.14	0.18	0.08	0.16	0.04	0.11	0.28	-0.4	0.02
Total Current Assets	0.85	-0.05	0.83	0.78	-0.76	-0.83	0.75	-0.18		0.82	0.79	0.88	-0.52	0.87	0.86	-0.52	-0.82	0.74	0.91	0.86	-0.81	-0.52	0.91	0.79	-0.2	0.88
Common Stock	0.98	-0.27	0.87	0.98	-0.93	-0.86	0.82	-0.07	0.82		0.98	0.94	-0.74	0.93	0.94	-0.74	-0.94	0.9	0.89	0.94	-0.79	-0.74	0.89	0.9	-0.34	0.93
Property Plant Equipment	0.95	-0.36	0.83	1.0	-0.95	-0.8	0.82	0.08	0.79	0.98		0.95	-0.76	0.95	0.95	-0.76	-0.96	0.93	0.91	0.95	-0.7	-0.76	0.87	0.92	-0.49	0.89
Total Assets	0.9	-0.35	0.91	0.95	-0.93	-0.75	0.74	0.09	0.88	0.94	0.95		-0.57	1.0	1.0	-0.57	-0.93	0.96	0.96	1.0	-0.73	-0.57	0.93	0.95	-0.42	0.94
Short Long Term Debt Total	-0.78	0.17	-0.38	-0.75	0.65	0.8	-0.86	0.04	-0.52	-0.74	-0.76	-0.57		-0.57	-0.55	1.0	0.76	-0.49	-0.6	-0.56	0.49	1.0	-0.58	-0.52	0.47	-0.52
Total Stockholder Equity	0.89	-0.36	0.89	0.95	-0.93	-0.73	0.74	0.12	0.87	0.93	0.95	1.0	-0.57		1.0	-0.57	-0.92	0.96	0.96	1.0	-0.7	-0.57	0.92	0.95	-0.46	0.93
Property Plant And Equipment Net	0.9	-0.32	0.89	0.95	-0.92	-0.72	0.74	0.07	0.86	0.94	0.95	1.0	-0.55	1.0		-0.55	-0.9	0.97	0.94	1.0	-0.7	-0.55	0.9	0.94	-0.45	0.92
Current Deferred Revenue	-0.78	0.17	-0.38	-0.75	0.65	0.8	-0.86	0.04	-0.52	-0.74	-0.76	-0.57	1.0	-0.57	-0.55		0.76	-0.49	-0.6	-0.56	0.49	1.0	-0.58	-0.52	0.47	-0.52
Net Debt	-0.9	0.48	-0.85	-0.96	0.97	0.87	-0.75	-0.19	-0.82	-0.94	-0.96	-0.93	0.76	-0.92	-0.9	0.76		-0.84	-0.96	-0.91	0.78	0.76	-0.94	-0.94	0.4	-0.92
Accounts Payable	0.85	-0.34	0.83	0.93	-0.9	-0.58	0.69	0.14	0.74	0.9	0.93	0.96	-0.49	0.96	0.97	-0.49	-0.84		0.85	0.97	-0.55	-0.49	0.79	0.92	-0.54	0.85
Cash	0.84	-0.45	0.91	0.91	-0.93	-0.83	0.68	0.18	0.91	0.89	0.91	0.96	-0.6	0.96	0.94	-0.6	-0.96	0.85		0.94	-0.81	-0.6	0.98	0.95	-0.34	0.95
Non Current Assets Total	0.9	-0.33	0.89	0.95	-0.92	-0.71	0.74	0.08	0.86	0.94	0.95	1.0	-0.56	1.0	1.0	-0.56	-0.91	0.97	0.94		-0.69	-0.56	0.89	0.95	-0.46	0.92
Non Currrent Assets Other	-0.75	0.28	-0.88	-0.69	0.76	0.9	-0.49	0.16	-0.81	-0.79	-0.7	-0.73	0.49	-0.7	-0.7	0.49	0.78	-0.55	-0.81	-0.69		0.49	-0.9	-0.74	-0.23	-0.91
Long Term Debt	-0.78	0.17	-0.38	-0.75	0.65	0.8	-0.86	0.04	-0.52	-0.74	-0.76	-0.57	1.0	-0.57	-0.55	1.0	0.76	-0.49	-0.6	-0.56	0.49		-0.58	-0.52	0.47	-0.52
Cash And Short Term Investments	0.84	-0.43	0.94	0.88	-0.92	-0.88	0.63	0.11	0.91	0.89	0.87	0.93	-0.58	0.92	0.9	-0.58	-0.94	0.79	0.98	0.89	-0.9	-0.58		0.93	-0.17	0.97
Common Stock Shares Outstanding	0.82	-0.54	0.93	0.93	-0.98	-0.71	0.59	0.28	0.79	0.9	0.92	0.95	-0.52	0.95	0.94	-0.52	-0.94	0.92	0.95	0.95	-0.74	-0.52	0.93		-0.36	0.94
Short Term Investments	-0.34	0.2	-0.04	-0.5	0.37	0.06	-0.54	-0.4	-0.2	-0.34	-0.49	-0.42	0.47	-0.46	-0.45	0.47	0.4	-0.54	-0.34	-0.46	-0.23	0.47	-0.17	-0.36		-0.12
Non Current Liabilities Total	0.87	-0.38	0.98	0.89	-0.93	-0.84	0.62	0.02	0.88	0.93	0.89	0.94	-0.52	0.93	0.92	-0.52	-0.92	0.85	0.95	0.92	-0.91	-0.52	0.97	0.94	-0.12

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Vox Royalty Account Relationship Matchups

Vox Royalty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	39.8K	46.2K	1.2M	1.6M	2.0M	2.1M
Total Current Liabilities	1.4M	226.4K	1.9M	3.0M	2.9M	2.4M
Other Liab	21.9K	1.0M	4.7M	3.4M	3.9M	2.0M
Net Tangible Assets	3.2M	12.2M	19.2M	34.1M	39.2M	41.1M
Retained Earnings	(8.9M)	(19.1M)	(24.1M)	(24.9M)	(27.0M)	(28.3M)
Other Assets	961.1K	1.0M	2.5K	818.9K	(269.7K)	(256.2K)
Net Receivables	0.0	93.3K	545.5K	2.0M	3.4M	3.6M
Other Stockholder Equity	12.1M	29.1M	1.2M	3.3M	3.0M	2.8M
Total Current Assets	913.5K	3.6M	8.1M	6.8M	13.3M	6.7M
Common Stock	6.0K	3.2K	43.6M	57.0M	67.5M	70.9M
Property Plant Equipment	2.0M	8.9M	17.6M	32.9M	37.8M	39.7M

Pair Trading with Vox Royalty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vox Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vox Royalty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vox Stock

0.82	HL	Hecla Mining	Pair Corr
0.81	ASM	Avino Silver Gold	Pair Corr
0.72	BVN	Compania de Minas	Pair Corr

Moving against Vox Stock

0.37

ATLX

Atlas Lithium

Pair Corr

The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vox Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vox Royalty Corp to buy it.

The correlation of Vox Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Vox Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Vox Stock Analysis

When running Vox Royalty's price analysis, check to measure Vox Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.

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