What is the ROE (Return on Equity) of Rimini Street this year?
The ROE of Rimini Street this year is -0.66 undefined.
Rimini Street ROE 2024
Rimini Street ROE
-0.66
Ticker
RMNI
ISIN
US76674Q1076
WKN
A2GSYB
In 2024, Rimini Street's return on equity (ROE) was -0.66, a -2,137.43% increase from the 0.03 ROE 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maintenance services for existing enterprise applications, Rimini Street can help customers avoid risks associated with outdated software applications without the need to pay the expensive upgrade costs for new versions.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.ROE Details
Decoding Rimini Street's Return on Equity (ROE)
Rimini Street's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Rimini Street's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Rimini Street's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Rimini Street’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Rimini Street stock
How has the Return on Equity (ROE) of Rimini Street developed compared to the previous year?
The ROE of Rimini Street has increased by -2,137.43% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Rimini Street?
A high ROE indicates that Rimini Street generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Rimini Street?
A low ROE can indicate that Rimini Street is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Rimini Street affect the company?
A change in ROE (Return on Equity) of Rimini Street can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Rimini Street?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Rimini Street?
Some factors that can influence Rimini Street's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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 7/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/27/2024.
When did Rimini Street pay the last dividend?
The last dividend was paid out on 7/27/2024.
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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