Rimini Total Current Assets from 2010 to 2024

RMNI Stock  USD 2.11  0.05  2.31%   
Rimini Street's Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are predicted to flatten to about 182.5 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2015-03-31
Previous Quarter
246.2 M
Current Value
228.7 M
Quarterly Volatility
107.1 M
 
Yuan Drop
 
Covid
Check Rimini Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rimini Street's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 7.2 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0283 or Days Sales Outstanding of 138. Rimini financial statements analysis is a perfect complement when working with Rimini Street Valuation or Volatility modules.
  
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Latest Rimini Street's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Rimini Street over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Rimini Street's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rimini Street's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Rimini Total Current Assets Regression Statistics

Arithmetic Mean112,061,704
Geometric Mean14,957,734
Coefficient Of Variation106.90
Mean Deviation103,781,375
Median112,112,000
Standard Deviation119,791,569
Sample Variance14350T
Range288.5M
R-Value0.89
Mean Square Error3101.8T
R-Squared0.80
Slope23,947,652
Total Sum of Squares200900.3T

Rimini Total Current Assets History

2024182.5 M
2023288.7 M
2022281.7 M
2021286.8 M
2020233.2 M
2019176.9 M
2018112.9 M

About Rimini Street Financial Statements

Investors use fundamental indicators, such as Rimini Street's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Rimini Street's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current Assets288.7 M182.5 M

Currently Active Assets on Macroaxis

When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.38)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0689
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.