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% YoY from $173.0 million in Q3 2016, and little changed on a QoQ basis from $157.9 million in Q2 2017.
Rimini Street (RMNI) Long-Term Investments (2015 - 2017) Analysis & Trends
Rimini Street (RMNI) has 3 years of Long-Term Investments data on file, last reported at $158.2 million in Q3 2017.
- Quarterly Long-Term Investments fell 8.54% year-over-year to $158.2 million in Q3 2017, while the trailing twelve-month figure through Sep 2017 was $158.2 million (down 8.54% YoY) and the FY2016 annual result came in at $173.1 million, changed 0.27% from the prior year.
- Long-Term Investments held at $158.2 million in Q3 2017, from $157.9 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $173.2 million in Q1 2017 to a low of $157.9 million in Q2 2017.
- A 3-year average of $169.9 million and a median of $172.7 million in 2015 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2016 — Long-Term Investments rose 0.27% — and 2017, when it declined 8.69%.
- Tracing RMNI's Long-Term Investments over 3 years: stood at $172.6 million in 2015, then increased by 0.27% to $173.1 million in 2016, then decreased by 8.58% to $158.2 million in 2017.
- The last three Long-Term Investments figures came in at $158.2 million (Q3 2017), $157.9 million (Q2 2017), and $173.2 million (Q1 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 559.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 7.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.77 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.43 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 176.00 Mn |
| 10 | Rimini Street | 465.75 Mn | 341.96 Mn | 67.70 Mn | - |
Historic Data
Download 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 |