Rimini Street, Inc.

Rimini Street, Inc.verified

RMNI

Price:

$2

Market Cap:

$181.84M

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.[Read more]

Industry

Software - Application

IPO Date

2015-08-28

Stock Exchange

NASDAQ

Ticker

RMNI

The Current Ratio as of November 2024 (TTM) for Rimini Street, Inc. (RMNI) is 0.71

According to Rimini Street, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.71. This represents a change of -8.93% compared to the average of 0.78 of the last 4 quarters.

Rimini Street, Inc. (RMNI) Historical Current Ratio (quarterly & annually)

How has RMNI Current Ratio performed in the past?

The mean historical Current Ratio of Rimini Street, Inc. over the last ten years is 5.41. The current 0.71 Current Ratio has changed 1.21% with respect to the historical average. Over the past ten years (40 quarters), RMNI's Current Ratio was at its highest in in the June 2015 quarter at 113.18. The Current Ratio was at its lowest in in the September 2017 quarter at 0.06.

Quarterly (TTM)
Annual

Average

5.41

Median

0.74

Minimum

0

Maximum

48.85

Rimini Street, Inc. (RMNI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rimini Street, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 48.85

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.867.53%
20220.80-8.31%
20210.8710.21%
20200.7915.76%
20190.6844.11%
20180.47-3.42%
20170.4956.22%
20160.31-99.36%
201548.85Infinity%
20140-100.00%

Rimini Street, Inc. (RMNI) Average Current Ratio

How has RMNI Current Ratio performed in the past?

The current Current Ratio of Rimini Street, Inc. (RMNI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.84

5-year avg

0.80

10-year avg

5.41

Rimini Street, Inc. (RMNI) Current Ratio vs. Peers

How is RMNI’s Current Ratio compared to its peers?

Rimini Street, Inc.’s Current Ratio is less than Issuer Direct Corporation (0.80), less than Cambium Networks Corporation (1.10), less than Arco Platform Limited (1.22), less than OneSpan Inc. (1.76), less than Kiniksa Pharmaceuticals, Ltd. (3.24),

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