Reservoir Other Current Assets vs Good Will Analysis

RSVRW Stock  USD 0.77  0.03  3.75%   
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 Good Will 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 Good Will

Other Current Assets vs Good Will 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 Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Reservoir Media's Other Current Assets and Good Will is 0.09. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Good Will 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 Good Will 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 Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Assets i.e., Reservoir Media's Other Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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.Selling General Administrative is likely to drop to about 24.2 M in 2025. Tax Provision is likely to drop to about 286.3 K in 2025
 2022 2023 2024 2025 (projected)
Gross Profit74.3M89.4M102.8M62.2M
Total Revenue122.3M144.9M166.6M104.1M

Reservoir Media fundamental ratios Correlations

0.990.991.00.790.860.840.860.940.94-0.490.330.940.970.980.920.90.370.971.00.970.940.970.950.92-0.38
0.991.00.980.830.840.820.880.940.93-0.440.30.940.980.960.920.90.370.970.990.970.930.950.970.86-0.38
0.991.00.980.840.850.830.880.930.93-0.430.290.930.980.970.920.90.380.960.990.970.930.950.980.87-0.38
1.00.980.980.780.880.860.850.930.95-0.540.280.930.970.990.930.90.380.960.980.950.950.980.950.93-0.37
0.790.830.840.780.790.830.950.670.83-0.230.080.670.860.810.840.940.420.730.80.750.820.790.90.75-0.68
0.860.840.850.880.790.980.810.650.98-0.44-0.180.650.930.940.990.890.350.730.840.710.980.940.910.92-0.41
0.840.820.830.860.830.980.860.650.96-0.45-0.160.650.910.920.960.930.340.730.810.690.960.930.90.91-0.54
0.860.880.880.850.950.810.860.780.86-0.190.210.780.890.860.860.980.210.810.870.830.860.850.930.8-0.74
0.940.940.930.930.670.650.650.780.78-0.410.541.00.860.860.750.790.210.980.940.980.790.850.860.74-0.33
0.940.930.930.950.830.980.960.860.78-0.48-0.020.780.980.991.00.930.370.850.920.831.00.990.970.93-0.42
-0.49-0.44-0.43-0.54-0.23-0.44-0.45-0.19-0.41-0.48-0.07-0.41-0.46-0.54-0.43-0.35-0.76-0.54-0.44-0.43-0.49-0.55-0.38-0.56-0.14
0.330.30.290.280.08-0.18-0.160.210.54-0.02-0.070.540.110.13-0.060.110.050.460.370.52-0.010.110.120.14-0.06
0.940.940.930.930.670.650.650.781.00.78-0.410.540.860.860.750.790.210.980.940.980.790.850.860.74-0.33
0.970.980.980.970.860.930.910.890.860.98-0.460.110.860.990.980.940.390.910.960.90.980.980.990.9-0.42
0.980.960.970.990.810.940.920.860.860.99-0.540.130.860.990.970.920.40.920.960.90.991.00.970.94-0.38
0.920.920.920.930.840.990.960.860.751.0-0.43-0.060.750.980.970.930.360.820.90.81.00.970.970.92-0.44
0.90.90.90.90.940.890.930.980.790.93-0.350.110.790.940.920.930.310.840.880.830.930.920.960.86-0.68
0.370.370.380.380.420.350.340.210.210.37-0.760.050.210.390.40.360.310.370.370.340.370.390.350.470.09
0.970.970.960.960.730.730.730.810.980.85-0.540.460.980.910.920.820.840.370.960.990.860.910.90.81-0.32
1.00.990.990.980.80.840.810.870.940.92-0.440.370.940.960.960.90.880.370.960.970.920.950.950.91-0.38
0.970.970.970.950.750.710.690.830.980.83-0.430.520.980.90.90.80.830.340.990.970.830.880.90.8-0.35
0.940.930.930.950.820.980.960.860.791.0-0.49-0.010.790.980.991.00.930.370.860.920.830.990.970.94-0.43
0.970.950.950.980.790.940.930.850.850.99-0.550.110.850.981.00.970.920.390.910.950.880.990.960.94-0.38
0.950.970.980.950.90.910.90.930.860.97-0.380.120.860.990.970.970.960.350.90.950.90.970.960.87-0.5
0.920.860.870.930.750.920.910.80.740.93-0.560.140.740.90.940.920.860.470.810.910.80.940.940.87-0.38
-0.38-0.38-0.38-0.37-0.68-0.41-0.54-0.74-0.33-0.42-0.14-0.06-0.33-0.42-0.38-0.44-0.680.09-0.32-0.38-0.35-0.43-0.38-0.5-0.38
Click cells to compare fundamentals

Reservoir Media Account Relationship Matchups

Reservoir Media fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets461.9M684.3M754.1M783.5M901.1M532.1M
Other Current Liab19.2M35.4M44.8M49.8M57.2M29.6M
Total Current Liabilities25.4M41.1M54.5M60.4M69.4M35.9M
Total Stockholder Equity193.4M346.4M348.4M353.0M405.9M242.6M
Property Plant And Equipment Net321.8K342.1K7.9M7.5M8.7M9.1M
Net Debt203.3M252.0M303.7M319.4M367.3M229.1M
Retained Earnings(863.1K)12.2M14.8M15.4M17.7M18.6M
Accounts Payable3.3M4.4M6.7M9.0M10.4M10.9M
Cash9.2M17.8M14.9M18.1M20.9M12.7M
Non Current Assets Total422.6M624.8M687.3M712.6M819.5M536.8M
Non Currrent Assets Other781.7K(24.8B)(30.5B)57.3M51.5M54.1M
Cash And Short Term Investments9.2M17.8M14.9M18.1M20.9M12.7M
Net Receivables15.8M25.2M31.3M33.2M38.2M22.8M
Common Stock Shares Outstanding28.5M58.5M64.8M65.3M75.0M39.9M
Non Current Liabilities Total242.1M295.8M349.9M368.7M424.0M288.8M
Inventory1.4M4.0M5.5M6.3M7.2M7.6M
Other Current Assets12.8M12.4M15.2B13.2M15.2M14.5M
Other Stockholder Equity110.5M335.4M338.5M341.4M392.6M210.9M
Total Liab267.5M336.8M404.4M429.0M493.4M288.6M
Total Current Assets39.3M59.4M66.8M70.9M81.5M49.4M
Intangible Assets391.1M571.4M617.4M640.2M736.3M489.5M
Common Stock2.9K6.4K6.4K6.5K7.5K4.1K
Short Long Term Debt Total212.5M269.9M318.6M337.5M388.1M290.1M
Current Deferred Revenue1.3M1.1M2.2M1.2M1.3M853.9K
Liabilities And Stockholders Equity461.9M684.3M754.1M783.5M901.1M590.4M
Accumulated Other Comprehensive Income2.1M(1.2M)(4.9M)(3.8M)(3.4M)(3.6M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.