Reservoir Total Assets vs Non Currrent Assets Other Analysis

RSVRW Stock  USD 1.25  0.25  16.67%   
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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reservoir Media Mana Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Reservoir Media's Total Assets and Non Currrent Assets Other is -0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Reservoir Media Management are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Reservoir Media's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Reservoir Media assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Reservoir Media Mana books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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