Reservoir Historical Income Statement
RSVR Stock | USD 9.44 0.17 1.83% |
Historical analysis of Reservoir Media income statement accounts such as Gross Profit of 84.9 M, Other Operating Expenses of 81.9 M, Operating Income of 20.6 M or Ebit of 21.8 M can show how well Reservoir Media performed in making a profits. Evaluating Reservoir Media income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reservoir Media's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Reservoir Media latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reservoir Media is a good buy for the upcoming year.
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About Reservoir Income Statement Analysis
Reservoir Media Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reservoir Media shareholders. The income statement also shows Reservoir investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Reservoir Media Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Reservoir Media generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Reservoir Media minus its cost of goods sold. It is profit before Reservoir Media operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Reservoir Media. It is also known as Reservoir Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Reservoir Media's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied 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 11/30/2024, Interest Expense is likely to grow to about 22.1 M, while Depreciation And Amortization is likely to drop slightly above 17.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 63.7T | 74.3M | 89.4M | 84.9M | Total Revenue | 107.8M | 122.3M | 144.9M | 104.1M |
Reservoir Media income statement Correlations
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Reservoir Media Account Relationship Matchups
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Reservoir Media income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 8.4M | 14.1M | 18.8M | 22.1M | 25.0M | 17.4M | |
Selling General Administrative | 12.0M | 15.0M | 25.3M | 31.2M | 39.8M | 24.2M | |
Total Revenue | 63.2M | 80.2M | 107.8M | 122.3M | 144.9M | 104.1M | |
Gross Profit | 35.9M | 47.4M | 63.7T | 74.3M | 89.4M | 84.9M | |
Other Operating Expenses | 37.1M | 61.9M | 88.5M | 101.2M | 120.3M | 81.9M | |
Operating Income | 15.5M | 18.3M | 19.4M | 21.1M | 24.6M | 20.6M | |
Ebit | 15.5M | 18.3M | 28.2M | 21.1M | 22.3M | 21.8M | |
Ebitda | 23.9M | 32.4M | 28.2M | 43.1M | 47.2M | 35.7M | |
Cost Of Revenue | 27.3M | 32.9M | 44.2M | 48.0M | 55.5M | 41.9M | |
Total Operating Expenses | 9.8M | 29.1M | 44.3M | 53.2M | 64.8M | 40.0M | |
Income Before Tax | 14.2M | 11.4M | 17.4M | 8.4M | 1.2M | 1.1M | |
Total Other Income Expense Net | (1.3M) | (6.9M) | (2.0M) | (12.7M) | (23.4M) | (22.2M) | |
Net Income Applicable To Common Shares | 6.6M | 5.9M | 13.1M | 2.5M | 2.9M | 2.8M | |
Net Income | 6.6M | 9.3M | 13.1M | 2.5M | 644.9K | 612.7K | |
Income Tax Expense | 4.2M | 2.1M | 4.3M | 5.6M | 334.8K | 318.1K |
Pair Trading with Reservoir Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Reservoir Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Reservoir Media will appreciate offsetting losses from the drop in the long position's value.Moving together with Reservoir Stock
Moving against Reservoir Stock
The ability to find closely correlated positions to Reservoir Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reservoir Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Reservoir Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Reservoir Media to buy it.
The correlation of Reservoir Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Reservoir Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reservoir Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Reservoir Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Reservoir Stock Analysis
When running Reservoir Media's price analysis, check to measure Reservoir Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reservoir Media is operating at the current time. Most of Reservoir Media's value examination focuses on studying past and present price action to predict the probability of Reservoir Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reservoir Media's price. Additionally, you may evaluate how the addition of Reservoir Media to your portfolios can decrease your overall portfolio volatility.