Rimini Total Operating Expenses vs Operating Income Analysis

RMNI Stock  USD 2.17  0.12  5.85%   
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 Total Operating Expenses and its Operating Income 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rimini Street Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rimini Street's Total Operating Expenses and Operating Income is -0.03. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Rimini Street are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Rimini Street's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Rimini Street operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rimini Street is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.