Reservoir Common Stock Shares Outstanding vs Other Current Assets Analysis

RSVR Stock  USD 7.92  0.10  1.25%   
Reservoir Media financial indicator trend analysis is much more than just breaking down Reservoir Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reservoir Media is a good investment. Please check the relationship between Reservoir Media Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Reservoir Stock, please use our How to Invest in Reservoir Media guide.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reservoir Media Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Reservoir Media's Common Stock Shares Outstanding and Other Current Assets is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Reservoir Media, assuming nothing else is changed. The correlation between historical values of Reservoir Media's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Reservoir Media are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Reservoir Media's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
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 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Reservoir Stock, please use our How to Invest in Reservoir Media guide.As of 05/23/2024, Selling General Administrative is likely to drop to about 20.3 M. In addition to that, Tax Provision is likely to drop to about 4.5 M
 2021 2022 2023 2024 (projected)
Gross Profit63.7T74.3M85.4M81.2M
Total Revenue107.8M122.3M140.6M93.0M

Reservoir Media fundamental ratios Correlations

0.890.891.00.79-0.730.710.820.80.870.90.92-0.890.540.90.960.90.90.870.720.891.00.960.920.90.71
0.891.00.890.76-0.730.90.780.850.990.790.86-0.950.520.790.890.970.850.980.90.980.890.850.860.960.9
0.891.00.890.77-0.740.910.780.861.00.770.86-0.940.510.770.890.970.850.980.910.970.890.840.860.960.91
1.00.890.890.82-0.750.710.850.830.860.890.94-0.910.490.890.970.910.910.880.710.90.980.940.940.910.71
0.790.760.770.82-0.960.721.00.960.770.470.96-0.81-0.030.470.890.870.970.850.710.650.770.590.960.880.72
-0.73-0.73-0.74-0.75-0.96-0.67-0.95-0.94-0.74-0.4-0.890.750.0-0.4-0.79-0.85-0.91-0.81-0.66-0.61-0.7-0.5-0.89-0.86-0.67
0.710.90.910.710.72-0.670.730.80.940.510.77-0.850.270.510.80.860.790.921.00.810.720.650.760.841.0
0.820.780.780.851.0-0.950.730.970.790.520.97-0.840.00.520.910.890.990.860.720.680.790.620.970.90.73
0.80.850.860.830.96-0.940.80.970.860.530.95-0.90.050.530.890.950.960.930.790.770.760.610.950.950.8
0.870.991.00.860.77-0.740.940.790.860.720.85-0.930.470.720.880.970.850.980.940.950.860.810.860.950.94
0.90.790.770.890.47-0.40.510.520.530.720.69-0.760.771.00.780.730.630.70.520.880.90.960.70.730.51
0.920.860.860.940.96-0.890.770.970.950.850.69-0.910.180.690.980.931.00.910.760.80.890.781.00.940.77
-0.89-0.95-0.94-0.91-0.810.75-0.85-0.84-0.9-0.93-0.76-0.91-0.34-0.76-0.93-0.96-0.89-0.97-0.85-0.93-0.86-0.81-0.92-0.96-0.85
0.540.520.510.49-0.030.00.270.00.050.470.770.18-0.340.770.320.360.130.330.30.630.580.720.20.340.27
0.90.790.770.890.47-0.40.510.520.530.721.00.69-0.760.770.780.730.630.70.520.880.90.960.70.730.51
0.960.890.890.970.89-0.790.80.910.890.880.780.98-0.930.320.780.920.970.920.80.850.950.870.980.920.8
0.90.970.970.910.87-0.850.860.890.950.970.730.93-0.960.360.730.920.920.990.860.930.880.790.941.00.86
0.90.850.850.910.97-0.910.790.990.960.850.631.0-0.890.130.630.970.920.910.780.770.870.740.990.930.79
0.870.980.980.880.85-0.810.920.860.930.980.70.91-0.970.330.70.920.990.910.920.930.850.770.910.990.92
0.720.90.910.710.71-0.661.00.720.790.940.520.76-0.850.30.520.80.860.780.920.820.720.660.760.841.0
0.890.980.970.90.65-0.610.810.680.770.950.880.8-0.930.630.880.850.930.770.930.820.890.890.810.920.81
1.00.890.890.980.77-0.70.720.790.760.860.90.89-0.860.580.90.950.880.870.850.720.890.970.90.870.72
0.960.850.840.940.59-0.50.650.620.610.810.960.78-0.810.720.960.870.790.740.770.660.890.970.780.780.65
0.920.860.860.940.96-0.890.760.970.950.860.71.0-0.920.20.70.980.940.990.910.760.810.90.780.940.76
0.90.960.960.910.88-0.860.840.90.950.950.730.94-0.960.340.730.921.00.930.990.840.920.870.780.940.84
0.710.90.910.710.72-0.671.00.730.80.940.510.77-0.850.270.510.80.860.790.921.00.810.720.650.760.84
Click cells to compare fundamentals

Reservoir Media Account Relationship Matchups

Reservoir Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25K461.9M684.3M754.1M867.2M466.1M
Other Current Liab1.2K19.7M35.5M45.0M51.8M54.4M
Total Current Liabilities1.2K25.4M41.1M54.5M62.7M65.9M
Total Stockholder Equity23.8K193.4M346.4M348.4M400.6M213.5M
Other Liab22.7M26.0M25.9M31.3M36.0M24.5M
Net Tangible Assets(197.0M)(279.8M)(225.0M)(269.0M)(242.1M)(254.2M)
Property Plant And Equipment Net603.0K321.8K342.1K7.9M9.1M9.6M
Net Debt180.3M203.3M252.0M303.7M349.2M204.7M
Retained Earnings(1.2K)(863.1K)12.2M14.8M17.0M17.8M
Accounts Payable876.1K3.3M4.4M6.7M7.7M8.1M
Cash25K9.2M17.8M14.9M17.1M11.2M
Non Current Assets Total314.3M422.6M624.8M687.3M790.4M487.4M
Non Currrent Assets Other26.7M781.7K(24.8B)(30.5B)(27.4B)(26.0B)
Other Assets(314.3M)29.1M49.2M52.9M60.8M63.9M
Cash And Short Term Investments25K9.2M17.8M14.9M17.1M11.2M
Net Receivables9.7M15.8M25.2M31.3M35.9M20.1M
Common Stock Shares Outstanding195.7K28.5M58.5M64.8M74.6M78.3M
Non Current Liabilities Total202.1M242.1M295.8M349.9M402.4M265.4M
Inventory431.0K1.4M4.0M5.5M6.3M6.6M
Other Current Assets13.9M12.8M12.4M15.2B17.5B18.3B
Other Stockholder Equity(77.2M)110.5M335.4M338.5M389.2M408.7M
Total Liab1.2K267.5M336.8M404.4M465.1M251.9M
Total Current Assets25K39.3M59.4M66.8M76.8M43.7M
Intangible Assets285.1M391.1M571.4M617.4M710.0M446.5M
Common Stock288.02.9K6.4K6.4K7.4K7.8K
Property Plant Equipment603.0K321.8K342.1K7.9M9.1M9.6M

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When determining whether Reservoir Media is a strong investment it is important to analyze Reservoir Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reservoir Media's future performance. For an informed investment choice regarding Reservoir Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Reservoir Stock, please use our How to Invest in Reservoir Media guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Reservoir Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reservoir Media. If investors know Reservoir will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reservoir Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Earnings Share
0.01
Revenue Per Share
2.174
Quarterly Revenue Growth
0.185
Return On Assets
0.0202
The market value of Reservoir Media is measured differently than its book value, which is the value of Reservoir that is recorded on the company's balance sheet. Investors also form their own opinion of Reservoir Media's value that differs from its market value or its book value, called intrinsic value, which is Reservoir Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reservoir Media's market value can be influenced by many factors that don't directly affect Reservoir Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reservoir Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reservoir Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reservoir Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.