Rimini Net Invested Capital vs Total Assets Analysis

RMNI Stock  USD 2.05  0.05  2.50%   
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 Net Invested Capital and its Total Assets 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.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rimini Street Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rimini Street's Net Invested Capital and Total Assets is 0.75. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Rimini Street are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Rimini Street's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Rimini Street assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rimini Street books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

0.830.910.95-0.690.76-0.73-0.66-0.64-0.740.60.96-0.57-0.830.850.950.970.96-0.74-0.870.830.950.87-0.50.930.92
0.830.640.69-0.220.62-0.34-0.26-0.54-0.290.220.93-0.08-0.450.880.940.80.73-0.29-0.520.450.740.82-0.410.630.65
0.910.640.99-0.870.8-0.93-0.83-0.41-0.90.770.87-0.8-0.960.740.860.930.98-0.91-0.970.930.960.81-0.440.990.79
0.950.690.99-0.850.81-0.9-0.82-0.46-0.890.760.9-0.77-0.950.790.890.950.99-0.89-0.970.920.980.84-0.490.990.84
-0.69-0.22-0.87-0.85-0.620.950.870.310.99-0.81-0.550.980.96-0.39-0.53-0.73-0.810.990.93-0.95-0.77-0.510.3-0.9-0.68
0.760.620.80.81-0.62-0.74-0.71-0.19-0.660.630.76-0.56-0.760.720.750.820.81-0.67-0.780.680.830.74-0.440.780.61
-0.73-0.34-0.93-0.90.95-0.740.940.170.97-0.89-0.640.940.98-0.54-0.63-0.76-0.870.970.96-0.9-0.86-0.640.42-0.92-0.67
-0.66-0.26-0.83-0.820.87-0.710.940.180.9-0.88-0.560.910.92-0.59-0.54-0.68-0.80.910.91-0.81-0.8-0.70.64-0.84-0.66
-0.64-0.54-0.41-0.460.31-0.190.170.180.34-0.01-0.550.220.34-0.5-0.54-0.63-0.470.340.43-0.54-0.41-0.520.37-0.5-0.7
-0.74-0.29-0.9-0.890.99-0.660.970.90.34-0.84-0.610.970.98-0.47-0.59-0.77-0.851.00.96-0.96-0.82-0.580.36-0.92-0.74
0.60.220.770.76-0.810.63-0.89-0.88-0.01-0.840.5-0.8-0.850.470.510.550.72-0.84-0.80.690.760.51-0.350.750.66
0.960.930.870.9-0.550.76-0.64-0.56-0.55-0.610.5-0.42-0.730.891.00.940.92-0.61-0.780.720.920.89-0.460.860.8
-0.57-0.08-0.8-0.770.98-0.560.940.910.220.97-0.8-0.420.92-0.32-0.4-0.62-0.730.970.89-0.89-0.68-0.460.36-0.82-0.58
-0.83-0.45-0.96-0.950.96-0.760.980.920.340.98-0.85-0.730.92-0.62-0.72-0.85-0.930.980.99-0.95-0.91-0.710.45-0.97-0.77
0.850.880.740.79-0.390.72-0.54-0.59-0.5-0.470.470.89-0.32-0.620.90.830.8-0.48-0.680.570.830.98-0.710.730.73
0.950.940.860.89-0.530.75-0.63-0.54-0.54-0.590.511.0-0.4-0.720.90.920.91-0.59-0.760.70.920.89-0.460.850.8
0.970.80.930.95-0.730.82-0.76-0.68-0.63-0.770.550.94-0.62-0.850.830.920.95-0.77-0.90.880.920.87-0.490.940.84
0.960.730.980.99-0.810.81-0.87-0.8-0.47-0.850.720.92-0.73-0.930.80.910.95-0.85-0.950.890.990.86-0.530.980.84
-0.74-0.29-0.91-0.890.99-0.670.970.910.341.0-0.84-0.610.970.98-0.48-0.59-0.77-0.850.96-0.96-0.82-0.590.37-0.93-0.74
-0.87-0.52-0.97-0.970.93-0.780.960.910.430.96-0.8-0.780.890.99-0.68-0.76-0.9-0.950.96-0.96-0.92-0.780.51-0.99-0.8
0.830.450.930.92-0.950.68-0.9-0.81-0.54-0.960.690.72-0.89-0.950.570.70.880.89-0.96-0.960.830.67-0.360.960.78
0.950.740.960.98-0.770.83-0.86-0.8-0.41-0.820.760.92-0.68-0.910.830.920.920.99-0.82-0.920.830.86-0.540.950.86
0.870.820.810.84-0.510.74-0.64-0.7-0.52-0.580.510.89-0.46-0.710.980.890.870.86-0.59-0.780.670.86-0.780.80.73
-0.5-0.41-0.44-0.490.3-0.440.420.640.370.36-0.35-0.460.360.45-0.71-0.46-0.49-0.530.370.51-0.36-0.54-0.78-0.46-0.51
0.930.630.990.99-0.90.78-0.92-0.84-0.5-0.920.750.86-0.82-0.970.730.850.940.98-0.93-0.990.960.950.8-0.460.84
0.920.650.790.84-0.680.61-0.67-0.66-0.7-0.740.660.8-0.58-0.770.730.80.840.84-0.74-0.80.780.860.73-0.510.84
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)98.3M148.1M155.3M(620.7M)(589.7M)
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.