RMNI (Rimini Street) Scaled Net Operating Assets: -0.18 (As of Mar. 2026)


RMNI Rimini Street Inc RMNI
64 GF Score
Price $4.23
GF Value $3.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Rimini Street Scaled Net Operating Assets?

Rimini Street RMNI -0.35% 64 Scaled Net Operating Assets is -0.18 as of Mar. 2026. GuruFocus rates RMNI with a GF Score™ of 64/100 and a GF Value™ of $3.05 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rimini Street's operating assets for the quarter that ended in Mar. 2026 was $264.9 Mil. Rimini Street's operating liabilities for the quarter that ended in Mar. 2026 was $341.1 Mil. Rimini Street's Total Assets for the quarter that ended in Dec. 2025 was $423.1 Mil. Therefore, Rimini Street's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.18.


Rimini Street Scaled Net Operating Assets Historical Data

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The historical data trend for Rimini Street's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rimini Street Scaled Net Operating Assets Chart

Rimini Street Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.30 -0.21 -0.16 -0.15

Rimini Street Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.08 -0.11 -0.16 -0.18

RMNI vs SVCO, RBBN, XPER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Rimini Street's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rimini Street Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Rimini Street's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rimini Street's Scaled Net Operating Assets falls into.


RMNI
64GF Score
Rimini Street Inc RMNI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rimini Street Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rimini Street's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(303.138-359.127)/369.063
=-0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=423.112 - 119.974
=303.138

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=450.141 - 81.999 - 9.015
=359.127

Rimini Street's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(264.912-341.083)/423.112
=-0.18

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=397.101 - 132.189
=264.912

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=419.667 - 73.769 - 4.815
=341.083

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -0.18 mean?
Rimini Street (RMNI) has a Scaled Net Operating Assets of -0.18 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rimini Street and its competitors.
Is Rimini Street's Scaled Net Operating Assets too high?
Rimini Street's current Scaled Net Operating Assets is -0.18. Overall, Rimini Street has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rimini Street's Scaled Net Operating Assets compare to SVCO and RBBN?
Rimini Street's Scaled Net Operating Assets of -0.18 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rimini Street and its competitors. Rimini Street's current Scaled Net Operating Assets is -0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rimini Street stock overvalued right now?
Based on GuruFocus' analysis, Rimini Street (RMNI) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.05, compared to a current price of $4.23 — trading 38.5% above its estimated fair value. The current Scaled Net Operating Assets is -0.18. Rimini Street's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Rimini Street (RMNI), the current Scaled Net Operating Assets is -0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rimini Street (RMNI) Overvalued in 2026?

Based on GuruFocus' analysis, Rimini Street stock appears to be overvalued. The current stock price of $4.23 is trading 38.5% above its estimated GF Value™ of $3.05. GuruFocus considers Rimini Street to be Significantly Overvalued.

Key valuation signals for RMNI:

  • Scaled Net Operating Assets: -0.18
  • GF Value™: $3.05 vs. price of $4.23 (38.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the RMNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rimini Street Business Description

Address 1700 South Pavilion Center Drive, Suite 330, Las Vegas, NV, USA, 89135
Rimini Street Inc and its subsidiaries are providers of end-to-end enterprise software support, products, and services. The company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, databases, and technology software platforms. The company derives revenues from clients by providing subscription support services for enterprise resource planning, customer relationship management, product lifecycle management, database, and technology software systems. Geographically, the company generates its revenue from the United States of America and the International market.
64GF Score

Get the complete analysis for RMNI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.23
Price
$3.05
GF Value