Vox Royalty (TSX:VOXR) Total Current Assets : C$17.84 Mil (As of Mar. 2024)

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What is Vox Royalty Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vox Royalty's total current assets for the quarter that ended in Mar. 2024 was C$17.84 Mil.

Vox Royalty Total Current Assets Historical Data

The historical data trend for Vox Royalty's Total Current Assets 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 Total Current Assets Chart

Vox Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1.20

4.56

10.42

9.20

17.82

Vox Royalty Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															11.46	18.70	17.10	17.82	17.84

Vox Royalty Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Vox Royalty's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.535	+	4.706	+	0	+	0.579
	=	17.82

Vox Royalty's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.947	+	4.433	+	0	+	0.459
	=	17.84

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Vox Royalty (TSX:VOXR) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Vox Royalty's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.947	-	10.186	+	0.75 * 0	+	0.5 * 0
=	2.76

Vox Royalty Total Current Assets Related Terms

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Vox Royalty (TSX:VOXR) Business Description

Industry

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

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