RumbleON Inc (RMBL) - Net Assets
Based on the latest financial reports, RumbleON Inc (RMBL) has net assets worth $-4.70 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($712.30 Million) and total liabilities ($717.00 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 RumbleON Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.70 Million |
| % of Total Assets | -0.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | 702.95% |
| 10-Year Change | N/A |
| Growth Volatility | 3066.12 |
RumbleON Inc - Net Assets Trend (2013–2024)
This chart illustrates how RumbleON Inc's net assets have evolved over time, based on quarterly financial data. Also explore RMBL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for RumbleON Inc (2013–2024)
The table below shows the annual net assets of RumbleON Inc from 2013 to 2024. For live valuation and market cap data, see RumbleON Inc (RMBL) market capitalisation.
| 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 | 0.00% |
| 2015-11-30 | $-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 RumbleON 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 |
|---|---|---|
| Common Stock | $37.77K | 0.10% |
| Other Components | $696.56 Million | 1897.99% |
| Total Equity | $36.70 Million | 100.00% |
RumbleON Inc Competitors by Market Cap
The table below lists competitors of RumbleON Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SaltX Technology Holding AB
ST:SALT-B
|
$121.39 Million |
|
SENFONG
KLSE:5308
|
$121.39 Million |
|
China Electric Manufacturing Corp
TW:1611
|
$121.51 Million |
|
SaraminHR Co.Ltd
KQ:143240
|
$121.52 Million |
|
Black Diamond Therapeutics Inc
NASDAQ:BDTX
|
$121.36 Million |
|
Elementos Ltd
AU:ELT
|
$121.34 Million |
|
Indonesia Fibreboard Industry PT
JK:IFII
|
$121.33 Million |
|
Traphaco JSC
VN:TRA
|
$121.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RumbleON 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.
- Share repurchases of 9,800,000 reduced equity.
- New share issuances of 9,800,000 increased equity.
- Other factors increased equity by 9,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-78.60 Million | -214.17% |
| Share Repurchases | $9.80 Million | -26.7% |
| Share Issuances | $9.80 Million | +26.7% |
| Other Changes | $9.70 Million | +26.43% |
| Total Change | $- | -65.25% |
Book Value vs Market Value Analysis
This analysis compares RumbleON 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: 3.09x
- 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 | $3.21 | x |
| 2014-12-31 | $-0.37 | $3.21 | x |
| 2015-12-31 | $-0.60 | $3.21 | x |
| 2016-12-31 | $3.92 | $3.21 | x |
| 2017-12-31 | $28.97 | $3.21 | x |
| 2018-12-31 | $41.55 | $3.21 | x |
| 2019-12-31 | $11.56 | $3.21 | x |
| 2020-12-31 | $2.09 | $3.21 | x |
| 2021-12-31 | $62.32 | $3.21 | x |
| 2022-12-31 | $12.98 | $3.21 | x |
| 2023-12-31 | $5.95 | $3.21 | x |
| 2024-12-31 | $1.04 | $3.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RumbleON 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 (-139.07%), 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 |
| 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 RumbleON 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: $304,265,700
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RumbleON Inc (RMBL) | $-4.70 Million | 0.00% | N/A | $121.37 Million |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $3.95 Billion |
| ACV Auctions Inc. (ACVA) | $-106.14 Million | 0.00% | 0.00x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $909.06 Million |
| AutoNation Inc (AN) | $92.40 Million | 2.27% | 0.61x | $6.72 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-12.92 Million | 0.00% | 0.00x | $5.66 Million |
| Boyd Group Services Inc. (BGSI) | $828.33 Million | 10.46% | 1.88x | $3.34 Billion |
| CarGurus (CARG) | $64.73 Million | 10.04% | 0.55x | $3.00 Billion |
| Americas Car-Mart Inc (CRMT) | $213.41 Million | 9.90% | 0.70x | $105.43 Million |
| Carvana Co (CVNA) | $801.97 Million | -21.34% | 2.78x | $44.74 Billion |
| Camping World Holdings Inc (CWH) | $247.69 Million | 55.29% | 18.38x | $487.48 Million |
About RumbleON Inc
RumbleOn, 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 watercraft, snowmobiles, and other powersports products. It also offers parts, … Read more