RSVR
Price:
$10.2
Market Cap:
$669.75M
Reservoir Media, Inc. is a company dedicated to managing music rights, structured into two core divisions: Music Publishing and Recorded Music. The Music Publishing segment focuses on acquiring ownership interests in existing musical catalogs and forging agreements with songwriters. Conversely, the Recorded Music division is engaged in procuring sound recording catalogs, discovering and cultivating new recording artists, and then overseeing the marketing, distribution, sales, and licensing of these acquired music assets. The firm was established in 2007, with its primary operations based in New York City. Reservoir Media, Inc. operates as a subsidiary of Reservoir Holdings, Inc.
Industry
Entertainment
IPO Date
2021-01-05
Stock Exchange
NASDAQ
Ticker
RSVR
According to Reservoir Media, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.41. This represents a change of 7.70% compared to the average of 1.31 of the last 4 quarters.
The mean historical Current Ratio of Reservoir Media, Inc. over the last ten years is 1.73. The current 1.41 Current Ratio has changed 8.07% with respect to the historical average. Over the past ten years (40 quarters), RSVR's Current Ratio was at its highest in in the September 2022 quarter at 1.67. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.73
Median
1.43
Minimum
1.17
Maximum
3.51
Discovering the peaks and valleys of Reservoir Media, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 52.06%
Maximum Annual Current Ratio = 3.51
Minimum Annual Increase = -55.92%
Minimum Annual Current Ratio = 1.17
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 1.41 | 17.24% |
| 2025 | 1.20 | 2.53% |
| 2024 | 1.17 | -4.10% |
| 2023 | 1.22 | -15.39% |
| 2022 | 1.45 | -6.45% |
| 2021 | 1.55 | -55.92% |
| 2020 | 3.51 | 52.06% |
The current Current Ratio of Reservoir Media, Inc. (RSVR) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.26
5-year avg
1.29
10-year avg
1.73
Reservoir Media, Inc.’s Current Ratio is less than The Marcus Corporation (1.47), less than Advantage Solutions Inc. (1.95), greater than Dave & Buster's Entertainment, Inc. (0.29), greater than Thryv Holdings, Inc. (1.23), less than Jiayin Group Inc. (1.88), greater than Gannett Co., Inc. (0.79), less than AMC Networks Inc. (1.75), greater than Alliance Entertainment Holding Corporation (1.33), greater than Gray Media, Inc. (1.20), less than HUYA Inc. (2.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $737.67M | |
| 1.95 | $462.81M | |
| 0.29 | $415.72M | |
| 1.23 | $155.22M | |
| 1.88 | $209.42M | |
| 0.79 | $872.35M | |
| 1.75 | $411.16M | |
| 1.33 | $270.17M | |
| 1.20 | $389.38M | |
| 2.45 | $517.32M |
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