What is the equity of Rimini Street this year?
Rimini Street has equity of -39.5 M USD this year.
Rimini Street Equity 2024
Rimini Street Equity
-39.5 M USD
Ticker
RMNI
ISIN
US76674Q1076
WKN
A2GSYB
In 2024, Rimini Street's equity was -39.5 M USD, a -48.84% increase from the -77.2 M USD equity in the previous year.
Rimini Street Aktienanalyse
What does Rimini Street do?
Rimini Street Inc is an American company that offers IT management services. The company was founded in 2005 and is headquartered in Las Vegas, Nevada. History The company was founded by Seth Ravin, an experienced IT expert who previously worked at PeopleSoft. Ravin was dissatisfied with the service he had received from third-party providers in the past and identified a gap in the market to provide more comprehensive support for the software applications used by companies. With this vision, Ravin founded Rimini Street to provide companies with an extended support service for their software applications. Business Model Rimini Street's business model involves providing companies with alternative maintenance and support services for enterprise software to keep them up to date when needed. By offering maintenance services for existing enterprise applications, Rimini Street can help customers avoid risks associated with outdated software applications without the need to pay the expensive upgrade costs for new versions. Rimini Street has made a name for itself by providing an alternative for customers who do not want to pay the high prices for maintenance and upgrades of their existing software applications. Segments Rimini Street specializes in a wide range of enterprise software applications and offers specialized support for product suites from Oracle, SAP, IBM, Microsoft, and other providers. Additionally, Rimini Street has expanded its range of services by introducing software support for databases, middleware, and other applications. Rimini Street places a strong emphasis on quality and has a commitment to customer satisfaction. The company utilizes advanced methods, such as integrated processes, to ensure that support and service offerings can be delivered quickly. Products Rimini Street offers a comprehensive range of products and services to help companies keep their applications up to date. Key services include: 1. Alternative maintenance and support for Oracle, SAP, IBM, and other enterprise applications 2. Support for middleware and databases 3. Upgrade support to run the latest versions of enterprise software 4. Advanced customization and extensions for companies looking to tailor their applications to their specific business requirements 5. Technical support for troubleshooting and problem-solving Summary Rimini Street Inc is an innovative company that offers alternative maintenance and support services for existing enterprise applications. The company has proven to have a strong market position as an alternative to traditional maintenance and support service providers. With its commitment to quality and its services and products that customers can be satisfied with, Rimini Street has established a strong position in the enterprise applications market. Rimini Street ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Rimini Street's Equity
Rimini Street's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Rimini Street's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Rimini Street's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Rimini Street's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Rimini Street’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Rimini Street stock
What was the equity of Rimini Street compared to the previous year?
The equity of Rimini Street has increased/decreased by -48.84% decreased compared to the previous year.
What impact does a high equity have on investors of Rimini Street?
A high equity is advantageous for investors of Rimini Street as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Rimini Street?
A low equity can be a risk for investors of Rimini Street, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Rimini Street affect the company?
An increase in equity of Rimini Street can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Rimini Street affect the company?
A reduction in equity of Rimini Street can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Rimini Street?
Some factors that can affect the equity of Rimini Street include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Rimini Street so important for investors?
The equity of Rimini Street is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Rimini Street take to change the equity?
To change equity, Rimini Street can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Rimini Street pay?
Over the past 12 months, Rimini Street paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Rimini Street is expected to pay a dividend of 0 USD.
What is the dividend yield of Rimini Street?
The current dividend yield of Rimini Street is .
When does Rimini Street pay dividends?
Rimini Street pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Rimini Street?
Rimini Street paid dividends every year for the past 0 years.
What is the dividend of Rimini Street?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Rimini Street located?
Rimini Street is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Rimini Street kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Rimini Street from 7/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/28/2024.
When did Rimini Street pay the last dividend?
The last dividend was paid out on 7/28/2024.
What was the dividend of Rimini Street in the year 2023?
In the year 2023, Rimini Street distributed 0 USD as dividends.
In which currency does Rimini Street pay out the dividend?
The dividends of Rimini Street are distributed in USD.
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Andere Kennzahlen von Rimini Street
Our stock analysis for Rimini Street Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rimini Street Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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