Rimini Other Liab vs Other Current Liab 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 Other Liab and its Other Current Liab 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.
Other Liab vs Other Current Liab
Other Liab vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rimini Street Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rimini Street's Other Liab and Other Current Liab is 0.8. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab 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 Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Rimini Street are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Rimini Street's Other Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Liab
Other Current Liab
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 Expenses | 192.7M | 218.4M | 215.4M | 157.9M | Cost Of Revenue | 136.5M | 152.4M | 162.5M | 105.9M |
Rimini Street fundamental ratios Correlations
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Rimini Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rimini Street fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 66.1M | 71.2M | 89.0M | 87.7M | 89.5M | 62.7M | |
Total Assets | 201.2M | 279.9M | 391.3M | 391.0M | 393.8M | 274.4M | |
Other Current Liab | 51.0M | 56.5M | 60.8M | 67.6M | 55.0M | 47.1M | |
Total Current Liabilities | 259.3M | 295.3M | 329.5M | 353.0M | 336.4M | 249.5M | |
Total Stockholder Equity | (222.6M) | (200.9M) | (80.4M) | (77.2M) | (39.5M) | (41.5M) | |
Other Liab | 31.9M | 29.2M | 50.0M | 35.4M | 40.7M | 37.0M | |
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 Payable | 2.3M | 3.2M | 5.7M | 8.0M | 6.0M | 5.9M | |
Cash | 38.0M | 87.6M | 119.6M | 109.0M | 115.4M | 63.2M | |
Non Current Assets Total | 24.3M | 46.7M | 104.5M | 109.3M | 105.1M | 66.8M | |
Non Currrent Assets Other | 19.4M | 22.5M | 23.3M | 30.6M | 28.8M | 42.4M | |
Other Assets | 20.6M | 41.9M | 87.3M | 96.1M | 110.5M | 116.0M | |
Long Term Debt | 66.6M | 2.0M | 79.7M | 70.0M | 64.2M | 44.7M | |
Cash And Short Term Investments | 38.0M | 87.6M | 119.6M | 129.1M | 125.3M | 66.9M | |
Net Receivables | 111.6M | 117.9M | 135.4M | 116.1M | 122.7M | 103.1M | |
Retained Earnings Total Equity | (314.7M) | (301.7M) | (225.8M) | (228.3M) | (205.4M) | (215.7M) | |
Liabilities And Stockholders Equity | 201.2M | 279.9M | 391.3M | 391.0M | 393.8M | 274.4M | |
Non Current Liabilities Total | 164.5M | 185.5M | 142.1M | 115.2M | 96.9M | 118.3M | |
Capital Surpluse | 93.5M | 101.0M | 149.2M | 156.4M | 179.9M | 98.5M | |
Inventory | 12.2M | 14.3M | 15.4M | 17.6M | 20.3M | 10.7M | |
Other Current Assets | 15.2M | 19.4M | 28.7M | 28.2M | 40.8M | 42.8M | |
Other Stockholder Equity | (37.8M) | 98.3M | 148.1M | 155.3M | (620.7M) | (589.7M) | |
Total Liab | 423.8M | 480.9M | 471.6M | 468.2M | 433.3M | 367.8M | |
Deferred Long Term Liab | 16.3M | 21.0M | 21.5M | 23.5M | 27.0M | 17.4M | |
Short Long Term Debt | 15.5M | 2.4M | 3.7M | 4.8M | 5.9M | 5.4M | |
Total Current Assets | 176.9M | 233.2M | 286.8M | 281.7M | 288.7M | 182.5M | |
Accumulated Other Comprehensive Income | (1.4M) | (318K) | (2.7M) | (4.2M) | (4.2M) | (4.0M) | |
Short Term Debt | 222K | 4.4M | 8.2M | 9.3M | 10.6M | 5.9M | |
Property Plant Equipment | 3.7M | 4.8M | 17.2M | 13.3M | 15.2M | 7.6M | |
Short Long Term Debt Total | 373K | 19.9M | 100.1M | 88.1M | 82.0M | 60.6M | |
Current Deferred Revenue | 205.8M | 229.0M | 253.2M | 265.8M | 263.1M | 213.0M | |
Long Term Debt Total | 2.0M | 151K | 79.7M | 70.0M | 80.5M | 51.7M | |
Non Current Liabilities Other | 33.2M | 16.0M | 12.5M | 45.2M | 1.9M | 1.8M | |
Property Plant And Equipment Net | 3.7M | 22.3M | 17.2M | 13.3M | 16.4M | 12.7M |
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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price 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.