Reservoir Media Balance Sheet Health
Financial Health criteria checks 2/6
Reservoir Media has a total shareholder equity of $359.3M and total debt of $325.5M, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $778.2M and $419.0M respectively. Reservoir Media's EBIT is $31.0M making its interest coverage ratio 1. It has cash and short-term investments of $21.1M.
Key information
90.6%
Debt to equity ratio
US$325.50m
Debt
| Interest coverage ratio | 1x |
| Cash | US$21.07m |
| Equity | US$359.27m |
| Total liabilities | US$418.97m |
| Total assets | US$778.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RL0's short term assets ($77.0M) exceed its short term liabilities ($56.0M).
Long Term Liabilities: 0RL0's short term assets ($77.0M) do not cover its long term liabilities ($362.9M).
Debt to Equity History and Analysis
Debt Level: 0RL0's net debt to equity ratio (84.7%) is considered high.
Reducing Debt: 0RL0's debt to equity ratio has reduced from 117.5% to 90.6% over the past 5 years.
Debt Coverage: 0RL0's debt is not well covered by operating cash flow (12%).
Interest Coverage: 0RL0's interest payments on its debt are not well covered by EBIT (1x coverage).