Vox Royalty (TSX:VOXR) Interest Expense : C$-0.10 Mil (TTM As of Mar. 2024)

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What is Vox Royalty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vox Royalty's interest expense for the three months ended in Mar. 2024 was C$ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.10 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vox Royalty's Operating Income for the three months ended in Mar. 2024 was C$ 0.83 Mil. Vox Royalty's Interest Expense for the three months ended in Mar. 2024 was C$ -0.10 Mil. Vox Royalty's Interest Coverage for the quarter that ended in Mar. 2024 was 8.27. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vox Royalty Interest Expense Historical Data

The historical data trend for Vox Royalty's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vox Royalty Interest Expense Chart

Vox Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.14

-0.11

Vox Royalty Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.10

Vox Royalty Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 Mil.

Vox Royalty (TSX:VOXR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vox Royalty's Interest Expense for the three months ended in Mar. 2024 was C$-0.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$0.00 Mil.

Vox Royalty's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.827	/	-0.1
	=	8.27

The higher the ratio, the stronger the company's financial strength is.

Vox Royalty (TSX:VOXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vox Royalty Corp (TSX:VOXR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

VOXR:USA

Address

66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K1E6

Website

https://www.voxroyalty.com

Vox Royalty Corp is a returns-focused mining royalty company with a portfolio of over 60 royalties and streams spanning eight jurisdictions. It has built intellectual property, a technically focused transactional team, and a sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector.

Executives

Donovan Pollitt

Director