Reservoir Media Balance Sheet Health
Financial Health criteria checks 2/6
Reservoir Media has a total shareholder equity of $354.4M and total debt of $324.1M, which brings its debt-to-equity ratio to 91.5%. Its total assets and total liabilities are $768.2M and $413.7M respectively. Reservoir Media's EBIT is $29.7M making its interest coverage ratio 1.3. It has cash and short-term investments of $16.4M.
Key information
91.5%
Debt to equity ratio
US$324.13m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$16.36m |
| Equity | US$354.42m |
| Total liabilities | US$413.74m |
| Total assets | US$768.16m |
Recent financial health updates
Recent updates
Here's Why Reservoir Media (NASDAQ:RSVR) Has A Meaningful Debt Burden
Jul 28
Are Investors Undervaluing Reservoir Media, Inc. (NASDAQ:RSVR) By 31%?
Jun 13Subdued Growth No Barrier To Reservoir Media, Inc.'s (NASDAQ:RSVR) Price
Feb 08Reservoir Media, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Jun 02What Is Reservoir Media, Inc.'s (NASDAQ:RSVR) Share Price Doing?
Mar 14Reservoir Media: Not Hearing The Music
Sep 04Reservoir Media GAAP EPS of $0.00 beats by $0.05, revenue of $24.3M beats by $6.11M
Aug 05Reservoir Media, Inc.'s (NASDAQ:RSVR) Intrinsic Value Is Potentially 90% Above Its Share Price
Jul 15Reservoir added to membership of the Russell 2000 Index
Jul 05Risks To Shareholder Returns Are Elevated At These Prices For Reservoir Media, Inc. (NASDAQ:RSVR)
May 10Reservoir Media (NASDAQ:RSVR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 16Reservoir Media, Inc. (NASDAQ:RSVR) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 03Financial Position Analysis
Short Term Liabilities: RSVR's short term assets ($67.5M) exceed its short term liabilities ($52.7M).
Long Term Liabilities: RSVR's short term assets ($67.5M) do not cover its long term liabilities ($361.1M).
Debt to Equity History and Analysis
Debt Level: RSVR's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: RSVR's debt to equity ratio has reduced from 127.5% to 91.5% over the past 5 years.
Debt Coverage: RSVR's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: RSVR's interest payments on its debt are not well covered by EBIT (1.3x coverage).