Is Reservoir Media, Inc. (RSVR) Halal?

NASDAQ Communication Services United States $609M
✗ NOT HALAL
Confidence: 90/100
Reservoir Media, Inc. (RSVR) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 60.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Reservoir Media, Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 60.0%
/ 30%
3.3%
/ 30%
5.8%
/ 30%
2.08%
/ 5%
✗ NOT HALAL
DJIM 60.0%
/ 33%
3.3%
/ 33%
5.8%
/ 33%
2.08%
/ 5%
✗ NOT HALAL
MSCI 45.5%
/ 33%
2.5%
/ 33%
4.4%
/ 33%
2.08%
/ 5%
✗ NOT HALAL
S&P 60.0%
/ 33%
3.3%
/ 33%
5.8%
/ 33%
2.08%
/ 5%
✗ NOT HALAL
FTSE 45.5%
/ 33%
2.5%
/ 33%
4.4%
/ 50%
2.08%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
92.8
Forward: 13.4
EPS
$0.10
P/B Ratio
1.6
EV/EBITDA
15.8
EV: $1.0B
Revenue
$159M
Growth: 7.7%
Beta
0.9
Average volatility
Current Ratio
1.2

Profitability

Gross Margin 64.5%
Operating Margin 22.7%
Net Margin 3.9%
Return on Equity (ROE) 1.8%
Return on Assets (ROA) 2.6%

Cash Flow & Balance Sheet

Operating Cash Flow$45M
Free Cash Flow-$51M
Total Debt$394M
Debt-to-Equity122.8
Current Ratio1.2
Total Assets$865M

Price & Trading

Last Close$9.22
50-Day MA$8.40
200-Day MA$7.82
Avg Volume95K
Beta0.9
52-Week Range
$6.56
$10.32

About Reservoir Media, Inc. (RSVR)

CEO
Ms. Golnar Khosrowshahi
Employees
100
Sector
Communication Services
Industry
Entertainment
Country
United States
Exchange
NASDAQ
Market Cap
$609M
Currency
USD

Reservoir Media, Inc. operates as a music publishing company. The company operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc. was founded in 2007 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Reservoir Media, Inc. (RSVR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Reservoir Media, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Reservoir Media, Inc.'s debt ratio?

Reservoir Media, Inc.'s debt ratio is 60.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 45.5%.

What are Reservoir Media, Inc.'s key financial metrics?

Reservoir Media, Inc. has a market capitalization of $609M, trailing P/E ratio of 92.8, and revenue of $159M. The company maintains a gross margin of 64.5% and a net margin of 3.9%. Return on equity stands at 1.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.