Reservoir Media (Reservoir Media) Debt-to-Equity : 1.00 (As of Dec. 2023)

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What is Reservoir Media Debt-to-Equity?

Reservoir Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Reservoir Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $349.4 Mil. Reservoir Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $349.8 Mil. Reservoir Media's debt to equity for the quarter that ended in Dec. 2023 was 1.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Reservoir Media's Debt-to-Equity or its related term are showing as below:

RSVR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 0.87 Max: 1.1
Current: 1

During the past 3 years, the highest Debt-to-Equity Ratio of Reservoir Media was 1.10. The lowest was 0.60. And the median was 0.87.

RSVR's Debt-to-Equity is ranked worse than
77.65% of 841 companies
in the Media - Diversified industry
Industry Median: 0.29 vs RSVR: 1.00

Reservoir Media Debt-to-Equity Historical Data

The historical data trend for Reservoir Media's Debt-to-Equity 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.

* Premium members only.

Reservoir Media Debt-to-Equity Chart

Reservoir Media Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

1.10

0.78

0.91

Reservoir Media Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.87	0.91	0.95	0.97	1.00

Competitive Comparison of Reservoir Media's Debt-to-Equity

For the Entertainment subindustry, Reservoir Media's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Reservoir Media's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reservoir Media's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reservoir Media's Debt-to-Equity falls into.

Reservoir Media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reservoir Media's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	318.564)	/	348.365
	=	0.91

Reservoir Media's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	349.439)	/	349.822
	=	1.00

Reservoir Media (NAS:RSVR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Reservoir Media Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Reservoir Media's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Reservoir Media (Reservoir Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reservoir Media Inc (NAS:RSVR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RL0:Germany

Address

200 Varick Street, Suite 801A, New York, NY, USA, 10014

Website

https://www.reservoir-media.com

Reservoir Media Inc is an independent music company. The company's segment includes Music Publishing; Recorded Music and others. It generates maximum revenue from the Music Publishing segment.

Executives

Ezra S. Field	director	75 VARICK STREEET, 9TH FLOOR, NEW YORK NY 10013
Stephen M. Cook	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Ryan P. Taylor	director	381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Essex Equity Joint Investment Vehicle, Llc	other: May Be Deemed a 10% Owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp	other: May be deemed a 10% owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
James A Heindlmeyer	officer: Chief Financial Officer	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Richmond Hill Advisors, Llc	other: May be deemed a 10% owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Golnar Khosrowshahi	director, officer: Chief Executive Officer	C/O RESTAURANT BRANDS INTERATIONAL INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Richmond Hill Investments, Llc	10 percent owner	381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Adam Rothstein	director	101 CROSS HWY, WESTPORT CA 92610
Er Reservoir Llc	10 percent owner	C/O RICHMOND HILL INVESTMENTS, 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Lafargue Rell Q. Jr.	director, officer: President and COO	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Gelder Neil De	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Essex Equity Holdings, Llc	10 percent owner	381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Jennifer G. Koss	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013