Reservoir Media Inc

NASDAQ RSVR

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Reservoir Media Inc Working Capital to Current Liabilities Ratio 3 year CAGR for the year ending March 31, 2024: -31.68%

Reservoir Media Inc Working Capital to Current Liabilities Ratio 3 year CAGR is -31.68% for the year ending March 31, 2024, a 59.05% change year over year. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. 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 Working Capital to Current Liabilities Ratio for the year ending March 31, 2023 was 0.22, a -49.78% change year over year.
Reservoir Media Inc Working Capital to Current Liabilities Ratio for the year ending March 31, 2022 was 0.45, a -18.24% change year over year.
Reservoir Media Inc Working Capital to Current Liabilities Ratio for the year ending March 31, 2021 was 0.55, a -97.18% change year over year.
Reservoir Media Inc Working Capital to Current Liabilities Ratio for the year ending March 31, 2020 was 19.41, a 1,383.35% change year over year.

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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