Vox Historical Balance Sheet
VOXR Stock | USD 2.63 0.03 1.13% |
Trend analysis of Vox Royalty Corp balance sheet accounts such as Other Current Liabilities of 2.1 M, Total Current Liabilities of 2.4 M, Other Liabilities of 2 M or Net Tangible Assets of 41.1 M provides information on Vox Royalty's total assets, liabilities, and equity, which is the actual value of Vox Royalty Corp to its prevalent stockholders. By breaking down trends over time using Vox Royalty balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Vox Royalty Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Vox Royalty Corp is a good buy for the upcoming year.
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About Vox Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Vox Royalty Corp at a specified time, usually calculated after every quarter, six months, or one year. Vox Royalty Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vox Royalty and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vox currently owns. An asset can also be divided into two categories, current and non-current.
Vox Royalty Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Vox Royalty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vox Royalty Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Vox Royalty Corp balance sheet. This account contains Vox Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Vox Royalty Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Short Term Investments
Short Term Investments is an item under the current assets section of Vox Royalty balance sheet. It contains any investments Vox Royalty Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Vox Royalty Corp can easily liquidate in the marketplace.Most accounts from Vox Royalty's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Net Working Capital is relatively stable compared to the past year. As of 11/28/2024, Deferred Long Term Liabilities is likely to grow to about 143.6 K, while Other Liabilities is likely to drop slightly above 2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.9M | 3.0M | 2.9M | 2.4M | Other Current Liabilities | 1.2M | 1.6M | 2.0M | 2.1M |
Vox Royalty balance sheet Correlations
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Vox Royalty Account Relationship Matchups
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Vox Royalty balance sheet 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 | 3.5M | 3.7M | |
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
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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.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.