stockrowReservoir Media, Inc.
RSVR Communication Services Entertainment
Reservoir Media, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $175.7 million, up 10.7% from fiscal 2025.
- Revenue
- +9.85%
- EPS
- +133.3%
- Free cash flow
- +19.4%
- Total debt
- +8.72%
Quarter to September 2026, against a year earlier
Follow RSVR
Alert me
Reservoir Media, Inc. (RSVR) Altman Z-score
Reservoir Media, Inc.'s Altman Z-score for fiscal 2026 is 1.07, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 1.07 | 0.10 |
| FY2025 | 0.97 | (0.08) |
| FY2024 | 1.05 | (0.01) |
| FY2023 | 1.06 | 0.14 |
| FY2023 | 0.92 | (0.04) |
| FY2022 | 0.96 | (0.27) |
| FY2022 | 1.23 | 0.25 |
| FY2021 | 0.98 | 0.01 |
| FY2021 | 0.97 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.03 | — | 0.03 | |
| Retained earnings / total assets | 0.03 | — | 0.05 | |
| EBIT / total assets | 0.04 | — | 0.13 | |
| Market value of equity / total liabilities | 1.12 | — | 0.67 | |
| Sales / total assets | 0.18 | — | 0.18 | |
| Altman Z-score | Distress zone | 1.07 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 1.26 | ||
Z and Z″ put Reservoir Media, Inc. in different zones: distress zone by Z, grey zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| AENT Alliance Entertainment Holding Corporation compare | 4.2× |
| IMAX IMAX Corporation compare | 3.1× |
| AMCX AMC Global Media Inc. compare | 1.7× |
| MCS Marcus Corporation (The) compare | 1.6× |
| RSVR Reservoir Media, Inc. | 1.1× |
| PLAY Dave & Buster's Entertainment, Inc. compare | 0.8× |
| IQ iQIYI, Inc. Sponsored ADR compare | −0.8× |
| ANGX Angel Studios, Inc. compare | −1.1× |
| STRZ Starz Entertainment Corp. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets