Reservoir Media Inc

NASDAQ RSVR

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Reservoir Media Inc Interest Expense To Sales for the year ending March 31, 2024: 14.56%

Reservoir Media Inc Interest Expense To Sales is 14.56% for the year ending March 31, 2024, a 20.64% change year over year. The interest expense to sales ratio is a financial metric that represents the proportion of a company's revenue that is used to cover its interest expenses. It is calculated by dividing the company's interest expense by its total revenue. This ratio indicates the financial burden of interest payments on the company's operating income. A higher ratio suggests that a significant portion of the company's revenue is being used to service interest obligations, potentially affecting its profitability.
  • Reservoir Media Inc Interest Expense To Sales for the year ending March 31, 2023 was 12.07%, a 19.70% change year over year.
  • Reservoir Media Inc Interest Expense To Sales for the year ending March 31, 2022 was 10.08%, a -9.84% change year over year.
  • Reservoir Media Inc Interest Expense To Sales for the year ending March 31, 2021 was 11.18%, a 0.00% change year over year.
  • Reservoir Media Inc Interest Expense To Sales for the year ending March 31, 2020 was 0.00%.
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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StockViz Staff

September 20, 2024

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