RideNow Group, Inc. (RDNW) - Net Assets
Based on the latest financial reports, RideNow Group, Inc. (RDNW) has net assets worth $-12.50 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($673.60 Million) and total liabilities ($686.10 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. Check RideNow Group, Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-12.50 Million |
| % of Total Assets | -1.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.9% |
| 10-Year Change | -1243.18% |
| Growth Volatility | 2925.53 |
RideNow Group, Inc. - Net Assets Trend (2013–2025)
This chart illustrates how RideNow Group, Inc.'s net assets have evolved over time, based on quarterly financial data. See RDNW defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for RideNow Group, Inc. (2013–2025)
The table below shows the annual net assets of RideNow Group, Inc. from 2013 to 2025. For live valuation and market cap data, see RideNow Group, Inc. (RDNW) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-12.50 Million | -134.06% |
| 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 71226673500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $699.80 Million | % |
| Total Equity | $-12.50 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 |
|---|---|
|
HL Corp Shenzhen
SHE:002105
|
$291.01 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$291.02 Million |
|
Siddhi Acquisition Corp Class A Common stock
NASDAQ:SDHI
|
$291.11 Million |
|
Firstec
KO:010820
|
$291.12 Million |
|
Zhejiang Walrus New Material Co Ltd
SHE:003011
|
$290.43 Million |
|
Taiwan Taxi Co Ltd
TWO:2640
|
$290.35 Million |
|
Lyell Immunopharma Inc
NASDAQ:LYEL
|
$290.21 Million |
|
Silver Storm Mining Ltd.
V:SVRS
|
$290.12 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 2024 to 2025, total equity changed from 36,700,000 to -12,500,000, a change of -49,200,000 (-134.1%).
- Net loss of 52,400,000 reduced equity.
- Other factors increased equity by 3,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-52.40 Million | -419.2% |
| Other Changes | $3.20 Million | +25.6% |
| Total Change | $- | -134.06% |
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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.00 | $7.55 | x |
| 2014-12-31 | $-0.37 | $7.55 | x |
| 2015-12-31 | $-0.60 | $7.55 | x |
| 2016-12-31 | $3.92 | $7.55 | x |
| 2017-12-31 | $28.97 | $7.55 | x |
| 2018-12-31 | $41.55 | $7.55 | x |
| 2019-12-31 | $11.56 | $7.55 | x |
| 2020-12-31 | $2.09 | $7.55 | x |
| 2021-12-31 | $62.32 | $7.55 | x |
| 2022-12-31 | $12.98 | $7.55 | x |
| 2023-12-31 | $5.95 | $7.55 | x |
| 2024-12-31 | $1.04 | $7.55 | x |
| 2025-12-31 | $-0.33 | $7.55 | 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.84%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-139.07%), indicating improving 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 |
| 2025 | 0.00% | -4.84% | 1.61x | 0.00x | $-51.15 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: $436,546,100
- Average return on equity (ROE) among peers: 8.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RideNow Group, Inc. (RDNW) | $-12.50 Million | 0.00% | N/A | $290.67 Million |
| Asbury Automotive Group Inc (ABG) | $325.88 Million | 9.43% | 3.32x | $3.60 Billion |
| ACV Auctions Inc. (ACVA) | $-139.69 Million | 0.00% | 0.00x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $-139.69 Million | 0.00% | 0.00x | $1.08 Billion |
| AutoNation Inc (AN) | $1.89 Billion | 14.85% | 2.27x | $6.52 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-35.18 Million | 0.00% | 0.00x | $3.27 Million |
| Boyd Group Services Inc. (BGSI) | $726.43 Million | 3.24% | 1.79x | $2.69 Billion |
| CarGurus (CARG) | $616.85 Million | 5.04% | 0.49x | $2.26 Billion |
| Americas Car-Mart Inc (CRMT) | $30.20 Million | 40.73% | 0.30x | $19.43 Million |
| Carvana Co (CVNA) | $1.38 Billion | 15.27% | 5.17x | $50.17 Billion |
| Camping World Holdings Inc (CWH) | $-288.95 Million | 0.00% | 0.00x | $476.17 Million |
About 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