Sasuke would defeat Toneri w/ his Rinnegan abilities.
Momoshiki would wreck Toneri w/ Rinnegan abilities alone. Most clear cut victory.
Madara is the only one who'd lose if he was forced to rely on the Rinnegan and nothing but the Rinnegan, Living Madara anyway. Juubi Madara relying on just the Rinnegan kills him too.
Naruto broke Toneri's Gudo Dama with his Rasengan barrages. A max power Shinra Tensei would flatten them and Toneri if used. Chibaku Tensei is also an option but Golden Wheel is a good counter. The only thing he has that can even begin to threaten a Rinnegan user is Golden Wheel btw, but:
-Momoshiki can absorb it.
-Sasuke can dodge it.
-Rinnegan Madara would die, but Juubi Madara would either swap out w/ Limbo or evade it.
So yeah, in terms of raw power the Tenseigan is superior, but the abilities that the Rinnegan grants it's respective users would let them dispatch of Toneri in combat. Nor has the Rinnegan's full powers ever been fleshed out. Then we have the abilities that Rinnegan grants it's users outside of combat (Revival, bringing souls back from the other world if you are strong enough, Six Paths Corpses, Gedo) Like I said, the only technique that makes this a discussion is Golden Wheel. As a whole they are on par.