Reservoir Media Inc

NASDAQ RSVR

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Reservoir Media Inc Cash Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -6.11%

Reservoir Media Inc Cash Ratio 3 year CAGR is -6.11% for the Trailing 12 Months (TTM) ending March 31, 2024. The cash ratio measures a company's ability to cover its current liabilities with its available cash. It is calculated by dividing cash by current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate obligations using its cash reserves. A higher cash ratio suggests a stronger ability to cover short-term liabilities. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Reservoir Media Inc Cash Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.37, a -7.16% change year over year.
Reservoir Media Inc Cash Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.39, a 8.70% change year over year.
Reservoir Media Inc Cash Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.36.

NASDAQ: RSVR

Reservoir Media Inc

CEO	Ms. Golnar Khosrowshahi
IPO Date	Jan. 5, 2021
Location	United States
Headquarters	75 Varick Street, New York, NY, United States, 10013
Employees	92
Sector	Communication Services
Industry	Entertainment

Description

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc. was founded in 2007 and is headquartered in New York, New York.

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