Rimini Street (RMNI) Dividend Coverage Ratio (2019 - 2021)
Rimini Street's (RMNI) quarterly Dividend Coverage Ratio came in at 6.84 in Q4 2021, down 2704.28% on a YoY basis from 0.26 in Q4 2020, and down 189.6% quarter-over-quarter from 2.36 in Q3 2021.
Analysis
Rimini Street (RMNI) Dividend Coverage Ratio (2019 - 2021) Analysis & Trends
Rimini Street (RMNI) has reported Dividend Coverage Ratio for 3 consecutive years, with 6.84 the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Dividend Coverage Ratio fell 2704.28% year-over-year to 6.84; the trailing twelve-month figure through Dec 2021 stood at 26.6 (up 540.34% YoY), and the FY2021 full-year result was 15.35, changed N/A from the prior year.
- Dividend Coverage Ratio retreated to 6.84 in Q4 2021 per RMNI's latest filing, from 2.36 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 0.62 in Q4 2019 and bottomed at 6.84 in Q4 2021.
- Historically, Dividend Coverage Ratio has averaged 1.58 across 3 years, with a median of 1.04 in 2020.
- The widest YoY moves for Dividend Coverage Ratio: up 41.01% in 2021, down 2704.28% in 2021.
- Over 3 years, Dividend Coverage Ratio stood at 0.62 in 2019, then plunged by 57.84% to 0.26 in 2020, then sank by 2704.28% to 6.84 in 2021.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 6.84, 2.36, and 1.06 for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | -0.77 |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 4.10 |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | -13.03 |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | - |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | - |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 6.38 |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | - |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | - |
| 10 | Rimini Street | 467.61 Mn | 343.83 Mn | 67.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -6.84 |
| Sep 30, 2021 | -2.36 |
| Jun 30, 2021 | -1.06 |
| Mar 31, 2021 | -2.46 |
| Dec 31, 2020 | 0.26 |
| Sep 30, 2020 | -0.61 |
| Jun 30, 2020 | -0.75 |
| Mar 31, 2020 | -1.04 |
| Dec 31, 2019 | 0.62 |