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
Rimini Street Inc (RMNI) - Total Assets
Latest total assets as of September 2025: $352.86 Million USD
Based on the latest financial reports, Rimini Street Inc (RMNI) holds total assets worth $352.86 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Rimini Street Inc - Total Assets Trend (2012–2024)
This chart illustrates how Rimini Street Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rimini Street Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Rimini Street Inc's total assets of $352.86 Million consist of 69.4% current assets and 30.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.1% |
| Accounts Receivable | $133.63 Million | 36.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Rimini Street Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rimini Street Inc's current assets represent 69.4% of total assets in 2024, a decrease from 96.5% in 2012.
- Cash Position: Cash and equivalents constituted 24.1% of total assets in 2024, down from 25.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 36.2% of total assets.
Rimini Street Inc Competitors by Total Assets
Key competitors of Rimini Street Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Rimini Street Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Rimini Street Inc generates 1.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rimini Street Inc is currently not profitable relative to its asset base.
Rimini Street Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.85 | 0.71 | 0.74 |
| Quick Ratio | 0.85 | 0.71 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-41.35 Million | $ -93.72 Million | $ -76.03 Million |
Rimini Street Inc - Advanced Valuation Insights
This section examines the relationship between Rimini Street Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | $369.06 Million |
| Market Capitalization | $136.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rimini Street Inc's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Rimini Street Inc's assets decreased by 6.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rimini Street Inc (2012–2024)
The table below shows the annual total assets of Rimini Street Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $369.06 Million | -6.28% |
| 2023-12-31 | $393.80 Million | +0.70% |
| 2022-12-31 | $391.04 Million | -0.06% |
| 2021-12-31 | $391.26 Million | +34.04% |
| 2020-12-31 | $291.91 Million | +45.07% |
| 2019-12-31 | $201.22 Million | +69.26% |
| 2018-12-31 | $118.89 Million | -2.69% |
| 2017-12-31 | $122.17 Million | -29.49% |
| 2016-12-31 | $173.27 Million | -0.16% |
| 2015-12-31 | $173.55 Million | +267.99% |
| 2013-12-31 | $47.16 Million | +83.77% |
| 2012-12-31 | $25.66 Million | -- |