Rimini Net Receivables from 2010 to 2024

RMNI Stock  USD 2.05  0.05  2.50%   
Rimini Street's Net Receivables is increasing with slightly volatile movements from year to year. Net Receivables is predicted to flatten to about 103.1 M. For the period between 2010 and 2024, Rimini Street, Net Receivables quarterly trend regression had mean deviation of  33,557,081 and range of 95.2 M. View All Fundamentals
 
Net Receivables  
First Reported
2015-12-31
Previous Quarter
87 M
Current Value
67 M
Quarterly Volatility
25 M
 
Yuan Drop
 
Covid
Check Rimini Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rimini Street's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 7.2 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0283 or Days Sales Outstanding of 138. Rimini financial statements analysis is a perfect complement when working with Rimini Street Valuation or Volatility modules.
  
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Latest Rimini Street's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Rimini Street over the last few years. It is Rimini Street's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rimini Street's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Rimini Net Receivables Regression Statistics

Arithmetic Mean76,538,264
Geometric Mean68,131,917
Coefficient Of Variation48.56
Mean Deviation33,557,081
Median63,525,000
Standard Deviation37,169,697
Sample Variance1381.6T
Range95.2M
R-Value0.90
Mean Square Error280.8T
R-Squared0.81
Slope7,486,020
Total Sum of Squares19342.2T

Rimini Net Receivables History

2024103.1 M
2023122.7 M
2022116.1 M
2021135.4 M
2020117.9 M
2019111.6 M
201880.6 M

About Rimini Street Financial Statements

Investors use fundamental indicators, such as Rimini Street's Net Receivables, to determine how well the company is positioned to perform in the future. Although Rimini Street's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Receivables122.7 M103.1 M

Currently Active Assets on Macroaxis

When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.38)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0689
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.