RideNow Group, Inc.
RideNow Group, Inc. provides powersports dealership and vehicle transportation services in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercrafts, snowmobiles, and other powersports products. It also offers p… Read more
RideNow Group, Inc. (RDNW) - Net Assets
Latest net assets as of September 2025: $312.70 Million USD
Based on the latest financial reports, RideNow Group, Inc. (RDNW) has net assets worth $312.70 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($699.40 Million) and total liabilities ($386.70 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $312.70 Million |
| % of Total Assets | 44.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | 702.95% |
| 10-Year Change | N/A |
| Growth Volatility | 3066.12 |
RideNow Group, Inc. - Net Assets Trend (2013–2024)
This chart illustrates how RideNow Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RideNow Group, Inc. (2013–2024)
The table below shows the annual net assets of RideNow Group, Inc. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $36.70 Million | -65.25% |
| 2023-12-31 | $105.60 Million | -48.74% |
| 2022-12-31 | $206.01 Million | -52.23% |
| 2021-12-31 | $431.29 Million | +9336.02% |
| 2020-12-31 | $4.57 Million | -64.53% |
| 2019-12-31 | $12.89 Million | -58.18% |
| 2018-12-31 | $30.82 Million | +114.52% |
| 2017-12-31 | $14.37 Million | +1213.83% |
| 2016-12-31 | $1.09 Million | +816.22% |
| 2015-12-31 | $-152.67K | -54.43% |
| 2014-12-31 | $-98.86K | -645.27% |
| 2013-12-31 | $-13.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RideNow Group, 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 65986673500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $696.60 Million | 1898.09% |
| Total Equity | $36.70 Million | 100.00% |
RideNow Group, Inc. Competitors by Market Cap
The table below lists competitors of RideNow Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lavipharm S.A
AT:LAVI
|
$80.56 Million |
|
402490
KQ:402490
|
$80.63 Million |
|
ELECO PLC LS-01
F:5H3
|
$80.63 Million |
|
Devyser Diagnostics AB
ST:DVYSR
|
$80.66 Million |
|
Tatry Mountain Resorts a.s.
PR:TMR
|
$80.55 Million |
|
Carindale Property Trust
AU:CDP
|
$80.54 Million |
|
Quantafuel ASA
PINK:QNTFF
|
$80.52 Million |
|
AMREP Corporation
NYSE:AXR
|
$80.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RideNow Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 105,600,000 to 36,700,000, a change of -68,900,000 (-65.2%).
- Net loss of 78,600,000 reduced equity.
- New share issuances of 9,800,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-78.60 Million | -214.17% |
| Share Issuances | $9.80 Million | +26.7% |
| Other Changes | $-100.00K | -0.27% |
| Total Change | $- | -65.25% |
Book Value vs Market Value Analysis
This analysis compares RideNow Group, 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: 5.74x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.00 | $5.95 | x |
| 2014-12-31 | $-0.37 | $5.95 | x |
| 2015-12-31 | $-0.60 | $5.95 | x |
| 2016-12-31 | $3.92 | $5.95 | x |
| 2017-12-31 | $28.97 | $5.95 | x |
| 2018-12-31 | $41.55 | $5.95 | x |
| 2019-12-31 | $11.56 | $5.95 | x |
| 2020-12-31 | $2.09 | $5.95 | x |
| 2021-12-31 | $62.32 | $5.95 | x |
| 2022-12-31 | $12.98 | $5.95 | x |
| 2023-12-31 | $5.95 | $5.95 | x |
| 2024-12-31 | $1.04 | $5.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RideNow Group, 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): -214.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.50%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 20.58x
- Recent ROE (-214.17%) is below the historical average (-150.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-397.85K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-125.71K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.54K |
| 2016 | -20.54% | 0.00% | 0.00x | 1.28x | $-333.92K |
| 2017 | -59.68% | -117.35% | 0.40x | 1.26x | $-10.01 Million |
| 2018 | -81.71% | -16.10% | 1.44x | 3.53x | $-28.26 Million |
| 2019 | -406.32% | -6.23% | 7.41x | 8.80x | $-53.65 Million |
| 2020 | -692.18% | -7.60% | 5.41x | 16.84x | $-32.09 Million |
| 2021 | -2.25% | -1.04% | 0.89x | 2.42x | $-52.85 Million |
| 2022 | -126.94% | -14.58% | 1.75x | 4.99x | $-282.11 Million |
| 2023 | -204.07% | -15.77% | 1.48x | 8.77x | $-226.06 Million |
| 2024 | -214.17% | -6.50% | 1.60x | 20.58x | $-82.27 Million |
Industry Comparison
This section compares RideNow Group, Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RideNow Group, Inc. (RDNW) | $312.70 Million | 0.00% | 1.24x | $80.55 Million |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |