Reservoir Other Current Assets vs Common Stock Shares Outstanding Analysis

RSVRW Stock  USD 1.25  0.05  4.17%   
Reservoir Media financial indicator trend analysis is much more than just breaking down Reservoir Media Mana prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reservoir Media Mana is a good investment. Please check the relationship between Reservoir Media Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Reservoir Stock please use our How to Invest in Reservoir Media guide.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reservoir Media Mana Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Reservoir Media's Other Current Assets and Common Stock Shares Outstanding is 0.5. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Reservoir Media Management, assuming nothing else is changed. The correlation between historical values of Reservoir Media's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Reservoir Media Management are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Reservoir Media's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Reservoir Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reservoir Media Mana current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Reservoir Stock please use our How to Invest in Reservoir Media guide.Enterprise Value is likely to climb to about 885.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit63.7M74.3M64.4M57.6M
Total Revenue107.8M122.3M144.9M104.1M

Reservoir Media fundamental ratios Correlations

0.990.990.990.750.820.820.940.910.92-0.630.350.910.960.970.890.950.470.961.00.950.920.960.940.93-0.44
0.991.00.980.80.790.80.970.910.9-0.620.340.910.970.960.880.970.510.960.980.960.910.940.960.88-0.46
0.991.00.970.810.810.810.980.90.91-0.60.330.90.970.960.890.970.510.950.990.950.910.940.960.89-0.47
0.990.980.970.730.840.850.920.90.93-0.680.30.90.960.980.90.950.470.950.980.930.940.980.940.93-0.43
0.750.80.810.730.740.790.850.570.79-0.350.060.570.840.770.810.840.550.670.760.690.780.750.90.72-0.74
0.820.790.810.840.740.980.80.540.98-0.55-0.230.540.910.920.990.90.430.650.790.610.970.930.90.91-0.47
0.820.80.810.850.790.980.80.570.97-0.55-0.20.570.920.920.980.90.40.680.780.630.970.930.910.9-0.59
0.940.970.980.920.850.80.80.840.89-0.450.250.840.960.920.890.960.440.890.950.90.890.90.960.83-0.53
0.910.910.90.90.570.540.570.840.7-0.550.611.00.80.810.650.80.290.980.910.970.710.810.790.71-0.37
0.920.90.910.930.790.980.970.890.7-0.63-0.050.70.980.980.990.970.470.80.890.761.00.980.960.94-0.49
-0.63-0.62-0.6-0.68-0.35-0.55-0.55-0.45-0.55-0.63-0.08-0.55-0.63-0.68-0.57-0.62-0.76-0.67-0.58-0.57-0.63-0.69-0.56-0.63-0.15
0.350.340.330.30.06-0.23-0.20.250.61-0.05-0.080.610.110.12-0.10.090.050.50.40.59-0.030.10.120.13-0.07
0.910.910.90.90.570.540.570.841.00.7-0.550.610.80.810.650.80.290.980.910.970.710.810.790.71-0.37
0.960.970.970.960.840.910.920.960.80.98-0.630.110.80.990.971.00.520.890.950.860.980.980.990.92-0.5
0.970.960.960.980.770.920.920.920.810.98-0.680.120.810.990.970.980.50.890.950.860.991.00.970.95-0.45
0.890.880.890.90.810.990.980.890.650.99-0.57-0.10.650.970.970.960.460.760.870.730.990.960.960.93-0.52
0.950.970.970.950.840.90.90.960.80.97-0.620.090.81.00.980.960.510.890.930.860.970.970.990.89-0.49
0.470.510.510.470.550.430.40.440.290.47-0.760.050.290.520.50.460.510.470.470.450.470.480.490.520.1
0.960.960.950.950.670.650.680.890.980.8-0.670.50.980.890.890.760.890.470.950.980.810.890.870.79-0.36
1.00.980.990.980.760.790.780.950.910.89-0.580.40.910.950.950.870.930.470.950.960.890.940.930.91-0.45
0.950.960.950.930.690.610.630.90.970.76-0.570.590.970.860.860.730.860.450.980.960.770.840.860.79-0.39
0.920.910.910.940.780.970.970.890.711.0-0.63-0.030.710.980.990.990.970.470.810.890.770.990.960.95-0.49
0.960.940.940.980.750.930.930.90.810.98-0.690.10.810.981.00.960.970.480.890.940.840.990.960.95-0.44
0.940.960.960.940.90.90.910.960.790.96-0.560.120.790.990.970.960.990.490.870.930.860.960.960.89-0.6
0.930.880.890.930.720.910.90.830.710.94-0.630.130.710.920.950.930.890.520.790.910.790.950.950.89-0.43
-0.44-0.46-0.47-0.43-0.74-0.47-0.59-0.53-0.37-0.49-0.15-0.07-0.37-0.5-0.45-0.52-0.490.1-0.36-0.45-0.39-0.49-0.44-0.6-0.43
Click cells to compare fundamentals

Reservoir Media Account Relationship Matchups

Reservoir Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25K461.9M684.3M754.1M792.7M533.8M
Other Current Liab1.2K19.2M35.4M44.8M48.8M29.4M
Total Current Liabilities1.2K25.4M41.1M54.5M60.4M35.9M
Total Stockholder Equity23.8K193.4M346.4M348.4M353.0M242.6M
Property Plant And Equipment Net603.0K321.8K342.1K7.9M7.5M7.9M
Net Debt180.3M203.3M252.0M303.7M320.3M229.3M
Retained Earnings(1.2K)(863.1K)12.2M14.8M15.4M16.2M
Accounts Payable876.1K3.3M4.4M6.7M9.0M4.8M
Cash25K9.2M17.8M14.9M18.1M12.7M
Non Current Assets Total314.3M422.6M624.8M687.3M712.6M536.8M
Non Currrent Assets Other26.7M781.7K(24.8B)(30.5B)57.3M60.1M
Cash And Short Term Investments25K9.2M17.8M14.9M18.1M12.7M
Net Receivables9.7M15.8M25.2M31.3M33.2M22.8M
Common Stock Shares Outstanding195.7K28.5M58.5M64.8M65.3M39.9M
Non Current Liabilities Total202.1M242.1M295.8M349.9M377.9M290.4M
Inventory431.0K1.4M4.0M5.5M6.3M3.3M
Other Current Assets13.9M12.8M12.4M15.2B19.5M18.6M
Other Stockholder Equity(77.2M)110.5M335.4M338.5M341.4M210.9M
Total Liab1.2K267.5M336.8M404.4M438.2M290.2M
Total Current Assets25K39.3M59.4M66.8M70.9M49.4M
Intangible Assets285.1M391.1M571.4M617.4M640.2M489.5M
Common Stock288.02.9K6.4K6.4K6.5K4.1K

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