Reservoir Media (FRA:0RL0) LT-Debt-to-Total-Asset : 0.43 (As of Mar. 2024)

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What is Reservoir Media LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Reservoir Media's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.43.

Reservoir Media's long-term debt to total assets ratio increased from Mar. 2023 (0.42) to Mar. 2024 (0.43). It may suggest that Reservoir Media is progressively becoming more dependent on debt to grow their business.

Reservoir Media LT-Debt-to-Total-Asset Historical Data

The historical data trend for Reservoir Media's LT-Debt-to-Total-Asset 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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Reservoir Media LT-Debt-to-Total-Asset Chart

Reservoir Media Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.46

0.39

0.42

0.43

Reservoir Media Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.42	0.43	0.43	0.44	0.43

Reservoir Media LT-Debt-to-Total-Asset Calculation

Reservoir Media's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	310.511	/	720.852
	=	0.43

Reservoir Media's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	310.511	/	720.852
	=	0.43

Reservoir Media (FRA:0RL0) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Reservoir Media LT-Debt-to-Total-Asset Related Terms

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Reservoir Media (FRA:0RL0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reservoir Media Inc (FRA:0RL0) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RSVR:USA

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.

Reservoir Media (FRA:0RL0) Headlines

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