Resources Connection Inc (RCO) - Net Assets
Based on the latest financial reports, Resources Connection Inc (RCO) has net assets worth €186.68 Million EUR (≈ $218.25 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€274.11 Million ≈ $320.47 Million USD) and total liabilities (€87.43 Million ≈ $102.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Resources Connection Inc's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €186.68 Million |
| % of Total Assets | 68.1% |
| Annual Growth Rate | -4.55% |
| 5-Year Change | -37.16% |
| 10-Year Change | -39.56% |
| Growth Volatility | 19.21 |
Resources Connection Inc - Net Assets Trend (2014–2025)
This chart illustrates how Resources Connection Inc's net assets have evolved over time, based on quarterly financial data. See RCO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Resources Connection Inc (2014–2025)
The table below shows the annual net assets of Resources Connection Inc from 2014 to 2025. For live valuation and market cap data, see Resources Connection Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | €207.08 Million ≈ $242.10 Million |
-50.55% |
| 2024-05-31 | €418.76 Million ≈ $489.58 Million |
+1.02% |
| 2023-05-31 | €414.52 Million ≈ $484.62 Million |
+11.30% |
| 2022-05-31 | €372.45 Million ≈ $435.43 Million |
+13.02% |
| 2021-05-31 | €329.55 Million ≈ $385.27 Million |
+8.52% |
| 2020-05-31 | €303.66 Million ≈ $355.01 Million |
+7.53% |
| 2019-05-31 | €282.40 Million ≈ $330.15 Million |
+5.05% |
| 2018-05-31 | €268.82 Million ≈ $314.28 Million |
+12.88% |
| 2017-05-31 | €238.14 Million ≈ $278.41 Million |
-30.50% |
| 2016-05-31 | €342.65 Million ≈ $400.59 Million |
+0.65% |
| 2015-05-31 | €340.45 Million ≈ $398.02 Million |
-1.54% |
| 2014-05-31 | €345.76 Million ≈ $404.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Resources Connection Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 140.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €328.66 Million | 158.71% |
| Total Equity | €207.08 Million | 100.00% |
Resources Connection Inc Competitors by Market Cap
The table below lists competitors of Resources Connection Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BARKBY GRP PLC LS 000860
F:3WY
|
$125.67 Million |
|
China National Accord Medicines Corp Ltd
SHE:200028
|
$125.69 Million |
|
RiverNorth Managed Duration Municipal Income Fund II Inc.
NYSE:RMMZ
|
$125.73 Million |
|
Wallbridge Mining Company Limited
TO:WM
|
$125.82 Million |
|
Karex Berhad
KLSE:5247
|
$125.63 Million |
|
Niching Industrial
TWO:3444
|
$125.60 Million |
|
Scandinavian Astor Group AB
ST:ASTOR
|
$125.59 Million |
|
Chun Yu Works & Co Ltd
TW:2012
|
$125.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Resources Connection Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 418,763,000 to 207,081,000, a change of -211,682,000 (-50.5%).
- Net loss of 191,780,000 reduced equity.
- Dividend payments of 18,646,000 reduced retained earnings.
- Share repurchases of 12,999,000 reduced equity.
- Other factors increased equity by 11,743,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-191.78 Million | -92.61% |
| Dividends Paid | €18.65 Million | -9.0% |
| Share Repurchases | €13.00 Million | -6.28% |
| Other Changes | €11.74 Million | +5.67% |
| Total Change | €- | -50.55% |
Book Value vs Market Value Analysis
This analysis compares Resources Connection Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.46x to 0.59x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | €8.03 | €3.70 | x |
| 2018-05-31 | €8.50 | €3.70 | x |
| 2019-05-31 | €8.94 | €3.70 | x |
| 2020-05-31 | €9.45 | €3.70 | x |
| 2021-05-31 | €10.02 | €3.70 | x |
| 2022-05-31 | €11.22 | €3.70 | x |
| 2023-05-31 | €12.38 | €3.70 | x |
| 2024-05-31 | €12.48 | €3.70 | x |
| 2025-05-31 | €6.26 | €3.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Resources Connection Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -92.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.78%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 1.47x
- Recent ROE (-92.61%) is below the historical average (0.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.75% | 3.51% | 1.35x | 1.21x | €-14.69 Million |
| 2015 | 8.08% | 4.66% | 1.42x | 1.22x | €-6.54 Million |
| 2016 | 8.88% | 5.09% | 1.42x | 1.23x | €-3.82 Million |
| 2017 | 7.83% | 3.20% | 1.60x | 1.53x | €-5.16 Million |
| 2018 | 7.00% | 2.88% | 1.51x | 1.61x | €-8.06 Million |
| 2019 | 11.14% | 4.32% | 1.70x | 1.52x | €3.23 Million |
| 2020 | 9.31% | 4.02% | 1.33x | 1.74x | €-2.08 Million |
| 2021 | 7.66% | 4.01% | 1.21x | 1.58x | €-7.73 Million |
| 2022 | 18.04% | 8.34% | 1.38x | 1.56x | €29.93 Million |
| 2023 | 13.11% | 7.01% | 1.46x | 1.28x | €12.91 Million |
| 2024 | 5.02% | 3.32% | 1.24x | 1.22x | €-20.84 Million |
| 2025 | -92.61% | -34.78% | 1.81x | 1.47x | €-212.49 Million |
Industry Comparison
This section compares Resources Connection Inc's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $1,199,995,760
- Average return on equity (ROE) among peers: 17.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Resources Connection Inc (RCO) | €186.68 Million | 5.75% | 0.47x | $125.65 Million |
| BUREAU VERITAS ADR EO-12 (4BV0) | $1.93 Billion | 24.21% | 2.69x | $12.07 Billion |
| LLORENTE + CUENCA EO -01 (91P) | $35.31 Million | 19.70% | 1.06x | $59.94 Million |
| CCID Consulting Company Limited (CCX) | $166.49 Million | 18.08% | 0.86x | $15.76 Million |
| Experian plc (J2B) | $3.96 Billion | 19.42% | 1.74x | $27.25 Billion |
| EXPERIAN PLC ADR (J2BA) | $4.67 Billion | 25.68% | 1.51x | $27.01 Billion |
| EPRCOMUNICAZIONE S.P.A. (J3P) | $3.87 Million | -3.52% | 1.29x | $3.56 Million |
| Jost AG (JOX) | $797.46K | 12.63% | 0.33x | $2.42 Million |
| PLENUM AG NA O.N. (PLEK) | $5.61 Million | 17.86% | 1.48x | $6.28 Million |
| AXON PARTNERS GRP EO -10 (XE1) | $26.88 Million | 19.74% | 0.25x | $86.99 Million |
About Resources Connection Inc
Resources Connection, Inc. engages in the provision of consulting services to business customers under the Resources Global Professionals (RGP) name in North America, the Asia Pacific, and Europe. The company operates through On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services, and Sitrick segments. Its On-Demand Talent segment includes experts for filling resource gaps. Its … Read more