Rimini Street (RMNI) Long-Term Investments (2015 - 2017)
Rimini Street's (RMNI) quarterly Long-Term Investments came in at $158.2 million in Q3 2017, down 8.54% on a YoY basis from $173.0 million in Q3 2016, and little changed quarter-over-quarter from $157.9 million in Q2 2017.
Analysis
Rimini Street (RMNI) Long-Term Investments (2015 - 2017) Analysis & Trends
Rimini Street (RMNI) has reported Long-Term Investments for 3 consecutive years, with $158.2 million the latest figure, recorded in Q3 2017.
- For the quarter ending Q3 2017, Long-Term Investments fell 8.54% year-over-year to $158.2 million; the trailing twelve-month figure through Sep 2017 stood at $158.2 million (down 8.54% YoY), and the FY2016 full-year result was $173.1 million, changed 0.27% from the prior year.
- Long-Term Investments held at $158.2 million in Q3 2017 per RMNI's latest filing, from $157.9 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $173.2 million in Q1 2017 and bottomed at $157.9 million in Q2 2017.
- Historically, Long-Term Investments has averaged $169.9 million across 3 years, with a median of $172.7 million in 2015.
- The sharpest annual moves came in 2016 and 2017: Long-Term Investments gained 0.27% in 2016, then fell 8.69% in 2017.
- Over 3 years, Long-Term Investments stood at $172.6 million in 2015, then gained by 0.27% to $173.1 million in 2016, then dropped by 8.58% to $158.2 million in 2017.
- According to Business Quant data, Long-Term Investments over the past three periods registered $158.2 million, $157.9 million, and $173.2 million for Q3 2017, Q2 2017, and Q1 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 924.00 Mn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 106.00 Mn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | - |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 6.40 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | - |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 226.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 65.12 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 |
|---|---|
| Sep 30, 2017 | 158.21 Mn |
| Jun 30, 2017 | 157.90 Mn |
| Mar 31, 2017 | 173.23 Mn |
| Dec 31, 2016 | 173.05 Mn |
| Sep 30, 2016 | 172.97 Mn |
| Jun 30, 2016 | 172.92 Mn |
| Mar 31, 2016 | 172.84 Mn |
| Dec 31, 2015 | 172.58 Mn |
| Sep 30, 2015 | 172.56 Mn |
| Jun 30, 2015 | 172.54 Mn |