Rimini Street EBITDA vs. Net Income
| RMNI Stock | USD 2.16 0.08 3.57% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 50.4 M | Current Value 52.9 M | Quarterly Volatility 71.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.49 | 0.6234 |
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For Rimini Street profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rimini Street to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rimini Street utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rimini Street's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rimini Street over time as well as its relative position and ranking within its peers.
Rimini |
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.
Rimini Street Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rimini Street's current stock value. Our valuation model uses many indicators to compare Rimini Street value to that of its competitors to determine the firm's financial worth. Rimini Street is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 0.52 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Rimini Street is roughly 1.93 . As of now, Rimini Street's EBITDA is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rimini Street's earnings, one of the primary drivers of an investment's value.Rimini Street's Earnings Breakdown by Geography
Rimini Net Income vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Rimini Street |
| = | 50.42 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Rimini Street |
| = | 26.06 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Rimini Net Income Comparison
Rimini Street is currently under evaluation in net income category among its peers.
Rimini Street Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rimini Street, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rimini Street will eventually generate negative long term returns. The profitability progress is the general direction of Rimini Street's change in net profit over the period of time. It can combine multiple indicators of Rimini Street, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -4.2 M | -4 M | |
| Operating Income | 53.6 M | 56.3 M | |
| Net Income From Continuing Ops | 11.4 M | 12 M | |
| Income Before Tax | 41.2 M | 43.3 M | |
| Total Other Income Expense Net | -12.4 M | -13 M | |
| Net Loss | -2.9 M | -3 M | |
| Net Income | 26.1 M | 27.4 M | |
| Income Tax Expense | 15.2 M | 15.9 M | |
| Net Interest Income | -5.2 M | -5.5 M | |
| Interest Income | 3.7 M | 3.9 M | |
| Non Operating Income Net Other | -14.9 K | -15.7 K | |
| Change To Netincome | 10.7 M | 11.2 M | |
| Net Income Per Share | 0.29 | 0.31 | |
| Income Quality | 0.48 | 0.50 | |
| Net Income Per E B T | 0.63 | 1.16 |
Rimini Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rimini Street. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Rimini Street position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Rimini Street's important profitability drivers and their relationship over time.
Use Rimini Street in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rimini Street position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rimini Street will appreciate offsetting losses from the drop in the long position's value.Rimini Street Pair Trading
Rimini Street Pair Trading Analysis
The ability to find closely correlated positions to Rimini Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rimini Street when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rimini Street - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rimini Street to buy it.
The correlation of Rimini Street is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rimini Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rimini Street moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rimini Street can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Rimini Street position
In addition to having Rimini Street in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Rimini Street's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rimini Street at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Rimini Street's income statement, its balance sheet, and the statement of cash flows.