Rimini Street Inc (RMNI) - Net Assets
Based on the latest financial reports, Rimini Street Inc (RMNI) has net assets worth $-27.28 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 ($352.86 Million) and total liabilities ($380.14 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 tangible equity quality of Rimini Street Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-27.28 Million |
| % of Total Assets | -7.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -141.46% |
| Growth Volatility | 113.01 |
Rimini Street Inc - Net Assets Trend (2012–2024)
This chart illustrates how Rimini Street Inc's net assets have evolved over time, based on quarterly financial data. See RMNI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rimini Street Inc (2012–2024)
The table below shows the annual net assets of Rimini Street Inc from 2012 to 2024. For live valuation and market cap data, see Rimini Street Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-69.44 Million | -75.83% |
| 2023-12-31 | $-39.50 Million | +48.82% |
| 2022-12-31 | $-77.17 Million | +4.00% |
| 2021-12-31 | $-80.39 Million | -23.28% |
| 2020-12-31 | $-65.21 Million | +70.71% |
| 2019-12-31 | $-222.59 Million | +16.19% |
| 2018-12-31 | $-265.59 Million | -26.29% |
| 2017-12-31 | $-210.30 Million | -227.74% |
| 2016-12-31 | $164.64 Million | -1.71% |
| 2015-12-31 | $167.50 Million | +500.24% |
| 2013-12-31 | $-41.85 Million | -66.90% |
| 2012-12-31 | $-25.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rimini Street 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 18707627000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.00K | % |
| Other Comprehensive Income | $-7.39 Million | % |
| Other Components | $176.42 Million | % |
| Total Equity | $-69.44 Million | 100.00% |
Rimini Street Inc Competitors by Market Cap
The table below lists competitors of Rimini Street Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Ratings Co. Ltd
KQ:034950
|
$304.42 Million |
|
ACOTEC SCIEN.H. DL-00001
F:7W3
|
$304.44 Million |
|
White Gold Corp
V:WGO
|
$304.50 Million |
|
Hubei Forbon Technology Co Ltd
SHE:300387
|
$304.55 Million |
|
Scpharmaceuticals Inc
NASDAQ:SCPH
|
$304.36 Million |
|
T3EX Global Holdings Corp
TW:2636
|
$304.21 Million |
|
D. Boral ARC Acquisition I Corp. Class A Ordinary Shares
NASDAQ:BCAR
|
$304.18 Million |
|
Neuberger Berman IMF Inc
NYSE MKT:NBH
|
$304.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rimini Street Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -39,496,000 to -69,445,000, a change of -29,949,000.
- Net loss of 36,272,000 reduced equity.
- Other comprehensive income decreased equity by 3,222,000.
- Other factors increased equity by 9,545,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.27 Million | -52.23% |
| Other Comprehensive Income | $-3.22 Million | -4.64% |
| Other Changes | $9.54 Million | +13.74% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Rimini Street 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 |
|---|---|---|---|
| 2012-12-31 | $-0.32 | $4.11 | x |
| 2013-12-31 | $-0.42 | $4.11 | x |
| 2015-12-31 | $31.53 | $4.11 | x |
| 2016-12-31 | $6.79 | $4.11 | x |
| 2017-12-31 | $-6.53 | $4.11 | x |
| 2018-12-31 | $-4.33 | $4.11 | x |
| 2019-12-31 | $-3.37 | $4.11 | x |
| 2020-12-31 | $-0.92 | $4.11 | x |
| 2021-12-31 | $-0.90 | $4.11 | x |
| 2022-12-31 | $-0.88 | $4.11 | x |
| 2023-12-31 | $-0.44 | $4.11 | x |
| 2024-12-31 | $-0.77 | $4.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rimini Street 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: -8.46%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-2.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -22.68% | 1.70x | 0.00x | $-6.77 Million |
| 2013 | 0.00% | -19.83% | 1.30x | 0.00x | $-7.94 Million |
| 2015 | -27.03% | -38.31% | 0.68x | 1.04x | $-62.02 Million |
| 2016 | -1.74% | -1.79% | 0.92x | 1.05x | $-19.32 Million |
| 2017 | 0.00% | -25.07% | 1.74x | 0.00x | $-32.27 Million |
| 2018 | 0.00% | -26.89% | 2.13x | 0.00x | $-41.41 Million |
| 2019 | 0.00% | 7.62% | 1.40x | 0.00x | $43.67 Million |
| 2020 | 0.00% | 3.55% | 1.12x | 0.00x | $18.11 Million |
| 2021 | 0.00% | 20.09% | 0.96x | 0.00x | $83.26 Million |
| 2022 | 0.00% | -0.61% | 1.05x | 0.00x | $5.24 Million |
| 2023 | 0.00% | 6.04% | 1.10x | 0.00x | $30.01 Million |
| 2024 | 0.00% | -8.46% | 1.16x | 0.00x | $-29.33 Million |
Industry Comparison
This section compares Rimini Street Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rimini Street Inc (RMNI) | $-27.28 Million | 0.00% | N/A | $304.38 Million |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Rimini Street Inc
Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' applica… Read more