Rimini Street Financials

RMNI Stock  USD 2.11  0.05  2.31%   
Based on the key indicators related to Rimini Street's liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Rimini Street is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in January. As of now, Rimini Street's Other Current Assets are increasing as compared to previous years. Key indicators impacting Rimini Street's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.820.8581
Sufficiently Down
Pretty Stable
The essential information of the day-to-day investment outlook for Rimini Street includes many different criteria found on its balance sheet. An individual investor should monitor Rimini Street's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rimini Street.

Net Income

27.36 Million

  

Rimini Street Earnings Geography

Rimini Street Stock Summary

Rimini Street competes with Issuer Direct, Cambium Networks, OneSpan, and Kiniksa Pharmaceuticals. Rimini Street, Inc. provides enterprise software products, services, and support for various industries. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada. Rimini Street operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1870 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS76674Q1076
CUSIP76674Q107 G40357124 G40357116 76674Q206
LocationNevada; U.S.A
Business Address7251 West Lake
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.riministreet.com
Phone702 839 9671
CurrencyUSD - US Dollar

Rimini Street Key Financial Ratios

Rimini Street Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets201.2M279.9M391.3M391.0M393.8M274.4M
Other Current Liab51.0M56.5M60.8M67.6M55.0M47.1M
Other Liab31.9M29.2M50.0M35.4M40.7M37.0M
Net Tangible Assets(91.3M)(63.1M)(80.4M)(77.2M)(69.5M)(66.0M)
Net Debt(37.7M)(67.6M)(19.5M)(20.9M)(33.8M)(32.1M)
Retained Earnings(314.7M)(301.7M)(225.8M)(228.3M)(202.2M)(212.3M)
Accounts Payable2.3M3.2M5.7M8.0M6.0M5.9M
Cash38.0M87.6M119.6M109.0M115.4M63.2M
Other Assets20.6M41.9M87.3M96.1M110.5M116.0M
Long Term Debt66.6M2.0M79.7M70.0M64.2M44.7M
Net Receivables111.6M117.9M135.4M116.1M122.7M103.1M
Capital Surpluse93.5M101.0M149.2M156.4M179.9M98.5M
Inventory12.2M14.3M15.4M17.6M20.3M10.7M
Other Current Assets15.2M19.4M28.7M28.2M40.8M42.8M
Total Liab423.8M480.9M471.6M468.2M433.3M367.8M
Short Long Term Debt15.5M2.4M3.7M4.8M5.9M5.4M
Total Current Assets176.9M233.2M286.8M281.7M288.7M182.5M
Short Term Debt222K4.4M8.2M9.3M10.6M5.9M
Long Term Debt Total2.0M151K79.7M70.0M80.5M51.7M

Rimini Street Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense398K77K1.6M4.3M5.5M7.2M
Total Revenue281.1M326.8M374.4M409.7M431.5M291.8M
Gross Profit175.9M200.6M238.0M257.3M269.0M168.2M
Operating Income22.1M25.3M26.8M30.8M53.6M56.3M
Ebit22.1M16.2M21.0M8.1M47.6M50.0M
Ebitda19.8M18.0M23.4M10.6M50.4M52.9M
Cost Of Revenue105.1M126.2M136.5M152.4M162.5M105.9M
Income Before Tax20.2M17.5M19.4M3.8M41.2M43.3M
Net Income17.5M11.6M75.2M(2.5M)26.1M27.4M
Income Tax Expense2.7M4.6M(55.8M)6.3M15.2M15.9M
Tax Provision2.7M4.6M(55.8M)6.3M14.3M15.0M
Non Recurring(8.0M)14.6M7.5M2.5M2.3M2.2M
Net Interest Income(141K)(53K)(1.5M)(4.0M)(5.2M)(5.5M)
Interest Income257K24K55K228K3.7M3.9M

Rimini Street Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash13.2M49.5M32.1M(10.6M)6.4M8.9M
Free Cash Flow18.5M40.6M64.8M30.6M5.3M5.0M
Depreciation1.9M8.0M8.5M8.0M2.8M3.6M
Other Non Cash Items323K1.2M6.3M4.0M5.5M5.2M
Capital Expenditures1.9M1.5M2.1M4.3M7.2M7.6M
Net Income17.5M13.0M75.2M(2.5M)26.1M27.4M
End Period Cash Flow38.4M87.9M120.0M109.4M115.9M121.6M
Net Borrowings(3.4M)1.6M82.9M(9.5M)(10.9M)(11.5M)
Change To Netincome5.3M8.2M(46.8M)11.8M10.7M11.2M
Investments(1.9M)(1.5M)(2.1M)(20.1M)(14.3M)(15.0M)
Dividends Paid14.7M15.8M12.7M1K5.5M7.3M
Change Receivables(31.2M)(8.5M)(18.8M)18.9M21.8M22.8M

Rimini Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rimini Street's current stock value. Our valuation model uses many indicators to compare Rimini Street value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rimini Street competition to find correlations between indicators driving Rimini Street's intrinsic value. More Info.
Rimini Street is rated third in return on asset category among its peers. It also is rated third in profit margin category among its peers . As of now, Rimini Street's Net Profit Margin is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rimini Street's earnings, one of the primary drivers of an investment's value.

Rimini Street's Earnings Breakdown by Geography

Rimini Street Systematic Risk

Rimini Street's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rimini Street volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Rimini Street correlated with the market. If Beta is less than 0 Rimini Street generally moves in the opposite direction as compared to the market. If Rimini Street Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rimini Street is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rimini Street is generally in the same direction as the market. If Beta > 1 Rimini Street moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Rimini Street Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rimini Street's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rimini Street growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0104)

As of now, Rimini Street's Price Earnings To Growth Ratio is increasing as compared to previous years.

Rimini Street December 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rimini Street help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rimini Street. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rimini Street based on widely used predictive technical indicators. In general, we focus on analyzing Rimini Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rimini Street's daily price indicators and compare them against related drivers.

Complementary Tools for Rimini Stock analysis

When running Rimini Street's price analysis, check to measure Rimini Street'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 Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
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