What is the level of liabilities of Rimini Street this year?
Rimini Street has a debt balance of 433.29 M USD this year.
Rimini Street Liabilities 2024
Rimini Street Liabilities
433.29 M USD
Ticker
RMNI
ISIN
US76674Q1076
WKN
A2GSYB
In 2024, Rimini Street's total liabilities amounted to 433.29 M USD, a -7.46% difference from the 468.2 M USD total liabilities 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maintenance services for existing enterprise applications, Rimini Street can help customers avoid risks associated with outdated software applications without the need to pay the expensive upgrade costs for new versions.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.Liabilities Details
Assessing Rimini Street's Liabilities
Rimini Street's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Rimini Street's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Rimini Street's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Rimini Street's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Rimini Street’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Rimini Street stock
What were the liabilities of Rimini Street compared to the previous year?
The liabilities of Rimini Street have increased by -7.46% dropped compared to the previous year.
What are the consequences of high debt for investors of Rimini Street?
High liabilities can pose a risk for investors of Rimini Street, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Rimini Street?
Low liabilities mean that Rimini Street has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Rimini Street affect the company?
An increase in liabilities of Rimini Street can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Rimini Street affect the company?
A decrease in the liabilities of Rimini Street can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Rimini Street?
Some factors that can influence the liabilities of Rimini Street include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Rimini Street so important for investors?
The liabilities of Rimini Street are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Rimini Street take to modify the liabilities?
To change its liabilities, Rimini Street can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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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