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Reservoir Media (Reservoir Media) Debt-to-EBITDA : 11.45 (As of Dec. 2023)


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What is Reservoir Media Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Reservoir Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Reservoir Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $349.4 Mil. Reservoir Media's annualized EBITDA for the quarter that ended in Dec. 2023 was $30.5 Mil. Reservoir Media's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.45.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Reservoir Media's Debt-to-EBITDA or its related term are showing as below:

RSVR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.71   Med: 6.16   Max: 7.89
Current: 7.89

During the past 3 years, the highest Debt-to-EBITDA Ratio of Reservoir Media was 7.89. The lowest was 5.71. And the median was 6.16.

RSVR's Debt-to-EBITDA is ranked worse than
86.9% of 672 companies
in the Media - Diversified industry
Industry Median: 1.65 vs RSVR: 7.89

Reservoir Media Debt-to-EBITDA Historical Data

The historical data trend for Reservoir Media's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reservoir Media Debt-to-EBITDA Chart

Reservoir Media Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
6.16 5.71 7.04

Reservoir Media Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.22 6.27 7.55 6.54 11.45

Competitive Comparison of Reservoir Media's Debt-to-EBITDA

For the Entertainment subindustry, Reservoir Media's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reservoir Media's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reservoir Media's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Reservoir Media's Debt-to-EBITDA falls into.



Reservoir Media Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Reservoir Media's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 318.564) / 45.236
=7.04

Reservoir Media's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 349.439) / 30.508
=11.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Reservoir Media  (NAS:RSVR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Reservoir Media Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Reservoir Media's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Reservoir Media (Reservoir Media) Business Description

Traded in Other Exchanges
Address
200 Varick Street, Suite 801A, New York, NY, USA, 10014
Reservoir Media Inc is an independent music company. The company's segment includes Music Publishing; Recorded Music and others. It generates maximum revenue from the Music Publishing segment.
Executives
Ezra S. Field director 75 VARICK STREEET, 9TH FLOOR, NEW YORK NY 10013
Stephen M. Cook director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Ryan P. Taylor director 381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Essex Equity Joint Investment Vehicle, Llc other: May Be Deemed a 10% Owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp other: May be deemed a 10% owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
James A Heindlmeyer officer: Chief Financial Officer 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Richmond Hill Advisors, Llc other: May be deemed a 10% owner 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Golnar Khosrowshahi director, officer: Chief Executive Officer C/O RESTAURANT BRANDS INTERATIONAL INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Richmond Hill Investments, Llc 10 percent owner 381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Adam Rothstein director 101 CROSS HWY, WESTPORT CA 92610
Er Reservoir Llc 10 percent owner C/O RICHMOND HILL INVESTMENTS, 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Lafargue Rell Q. Jr. director, officer: President and COO 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Gelder Neil De director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Essex Equity Holdings, Llc 10 percent owner 381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Jennifer G. Koss director 75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013