Rimini Book Value Per Share vs Cash Per Share Analysis

RMNI Stock  USD 2.16  0.08  3.57%   
Rimini Street financial indicator trend analysis is much more than just breaking down Rimini Street prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rimini Street is a good investment. Please check the relationship between Rimini Street Book Value Per Share and its Cash Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Book Value Per Share vs Cash Per Share

Book Value Per Share vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rimini Street Book Value Per Share account and Cash Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rimini Street's Book Value Per Share and Cash Per Share is 0.87. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Rimini Street, assuming nothing else is changed. The correlation between historical values of Rimini Street's Book Value Per Share and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Rimini Street are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Book Value Per Share i.e., Rimini Street's Book Value Per Share and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Cash Per Share

Most indicators from Rimini Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rimini Street current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.As of now, Rimini Street's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses192.7M218.4M215.4M157.9M
Cost Of Revenue136.5M152.4M162.5M105.9M

Rimini Street fundamental ratios Correlations

0.830.910.95-0.690.76-0.73-0.66-0.64-0.740.60.96-0.57-0.830.850.950.970.96-0.74-0.870.830.950.87-0.320.930.92
0.830.640.69-0.220.62-0.34-0.26-0.54-0.290.220.93-0.08-0.450.880.940.80.73-0.29-0.520.450.740.820.220.630.65
0.910.640.99-0.870.8-0.93-0.83-0.41-0.90.770.87-0.8-0.960.740.860.930.98-0.91-0.970.930.960.81-0.480.990.79
0.950.690.99-0.850.81-0.9-0.82-0.46-0.890.760.9-0.77-0.950.790.890.950.99-0.89-0.970.920.980.84-0.450.990.84
-0.69-0.22-0.87-0.85-0.620.950.870.310.99-0.81-0.550.980.96-0.39-0.53-0.73-0.810.990.93-0.95-0.77-0.510.8-0.9-0.68
0.760.620.80.81-0.62-0.74-0.71-0.19-0.660.630.76-0.56-0.760.720.750.820.81-0.67-0.780.680.830.74-0.250.780.61
-0.73-0.34-0.93-0.90.95-0.740.940.170.97-0.89-0.640.940.98-0.54-0.63-0.76-0.870.970.96-0.9-0.86-0.640.64-0.92-0.67
-0.66-0.26-0.83-0.820.87-0.710.940.180.9-0.88-0.560.910.92-0.59-0.54-0.68-0.80.910.91-0.81-0.8-0.70.62-0.84-0.66
-0.64-0.54-0.41-0.460.31-0.190.170.180.34-0.01-0.550.220.34-0.5-0.54-0.63-0.470.340.43-0.54-0.41-0.520.27-0.5-0.7
-0.74-0.29-0.9-0.890.99-0.660.970.90.34-0.84-0.610.970.98-0.47-0.59-0.77-0.851.00.96-0.96-0.82-0.580.77-0.92-0.74
0.60.220.770.76-0.810.63-0.89-0.88-0.01-0.840.5-0.8-0.850.470.510.550.72-0.84-0.80.690.760.51-0.50.750.66
0.960.930.870.9-0.550.76-0.64-0.56-0.55-0.610.5-0.42-0.730.891.00.940.92-0.61-0.780.720.920.89-0.070.860.8
-0.57-0.08-0.8-0.770.98-0.560.940.910.220.97-0.8-0.420.92-0.32-0.4-0.62-0.730.970.89-0.89-0.68-0.460.83-0.82-0.58
-0.83-0.45-0.96-0.950.96-0.760.980.920.340.98-0.85-0.730.92-0.62-0.72-0.85-0.930.980.99-0.95-0.91-0.710.64-0.97-0.77
0.850.880.740.79-0.390.72-0.54-0.59-0.5-0.470.470.89-0.32-0.620.90.830.8-0.48-0.680.570.830.980.020.730.73
0.950.940.860.89-0.530.75-0.63-0.54-0.54-0.590.511.0-0.4-0.720.90.920.91-0.59-0.760.70.920.89-0.050.850.8
0.970.80.930.95-0.730.82-0.76-0.68-0.63-0.770.550.94-0.62-0.850.830.920.95-0.77-0.90.880.920.87-0.370.940.84
0.960.730.980.99-0.810.81-0.87-0.8-0.47-0.850.720.92-0.73-0.930.80.910.95-0.85-0.950.890.990.86-0.40.980.84
-0.74-0.29-0.91-0.890.99-0.670.970.910.341.0-0.84-0.610.970.98-0.48-0.59-0.77-0.850.96-0.96-0.82-0.590.76-0.93-0.74
-0.87-0.52-0.97-0.970.93-0.780.960.910.430.96-0.8-0.780.890.99-0.68-0.76-0.9-0.950.96-0.96-0.92-0.780.62-0.99-0.8
0.830.450.930.92-0.950.68-0.9-0.81-0.54-0.960.690.72-0.89-0.950.570.70.880.89-0.96-0.960.830.67-0.70.960.78
0.950.740.960.98-0.770.83-0.86-0.8-0.41-0.820.760.92-0.68-0.910.830.920.920.99-0.82-0.920.830.86-0.350.950.86
0.870.820.810.84-0.510.74-0.64-0.7-0.52-0.580.510.89-0.46-0.710.980.890.870.86-0.59-0.780.670.86-0.120.80.73
-0.320.22-0.48-0.450.8-0.250.640.620.270.77-0.5-0.070.830.640.02-0.05-0.37-0.40.760.62-0.7-0.35-0.12-0.54-0.43
0.930.630.990.99-0.90.78-0.92-0.84-0.5-0.920.750.86-0.82-0.970.730.850.940.98-0.93-0.990.960.950.8-0.540.84
0.920.650.790.84-0.680.61-0.67-0.66-0.7-0.740.660.8-0.58-0.770.730.80.840.84-0.74-0.80.780.860.73-0.430.84
Click cells to compare fundamentals

Rimini Street Account Relationship Matchups

Rimini Street fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding66.1M71.2M89.0M87.7M89.5M62.7M
Total Assets201.2M279.9M391.3M391.0M393.8M274.4M
Other Current Liab51.0M56.5M60.8M67.6M55.0M47.1M
Total Current Liabilities259.3M295.3M329.5M353.0M336.4M249.5M
Total Stockholder Equity(222.6M)(200.9M)(80.4M)(77.2M)(39.5M)(41.5M)
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
Non Current Assets Total24.3M46.7M104.5M109.3M105.1M66.8M
Non Currrent Assets Other19.4M22.5M23.3M30.6M28.8M42.4M
Other Assets20.6M41.9M87.3M96.1M110.5M116.0M
Long Term Debt66.6M2.0M79.7M70.0M64.2M44.7M
Cash And Short Term Investments38.0M87.6M119.6M129.1M125.3M66.9M
Net Receivables111.6M117.9M135.4M116.1M122.7M103.1M
Retained Earnings Total Equity(314.7M)(301.7M)(225.8M)(228.3M)(205.4M)(215.7M)
Liabilities And Stockholders Equity201.2M279.9M391.3M391.0M393.8M274.4M
Non Current Liabilities Total164.5M185.5M142.1M115.2M96.9M118.3M
Capital Surpluse93.5M101.0M149.2M156.4M179.9M98.5M
Inventory12.2M14.3M15.4M17.6M20.3M10.7M
Other Current Assets15.2M19.4M28.7M28.2M40.8M42.8M
Other Stockholder Equity(37.8M)98.3M148.1M155.3M166.9M116.9M
Total Liab423.8M480.9M471.6M468.2M433.3M367.8M
Deferred Long Term Liab16.3M21.0M21.5M23.5M27.0M17.4M
Short Long Term Debt15.5M2.4M3.7M4.8M5.9M5.4M
Total Current Assets176.9M233.2M286.8M281.7M288.7M182.5M
Accumulated Other Comprehensive Income(1.4M)(318K)(2.7M)(4.2M)(4.2M)(4.0M)
Short Term Debt222K4.4M8.2M9.3M10.6M5.9M
Property Plant Equipment3.7M4.8M17.2M13.3M15.2M7.6M
Short Long Term Debt Total373K19.9M100.1M88.1M82.0M60.6M
Current Deferred Revenue205.8M229.0M253.2M265.8M263.1M213.0M
Long Term Debt Total2.0M151K79.7M70.0M80.5M51.7M
Non Current Liabilities Other33.2M16.0M12.5M45.2M1.9M1.8M
Property Plant And Equipment Net3.7M22.3M17.2M13.3M16.4M12.7M

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 Channel module to use Commodity Channel Index to analyze current equity momentum.
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.