RingCentral, Inc. financial data

Symbol
RNG on NYSE
Industry
Services-Computer Processing & Data Preparation
Location
20 Davis Drive, Belmont, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 115 % -19.7%
Quick Ratio 0.26 % +30.5%
Debt-to-equity -418 % +14.8%
Return On Equity 18.8 % -77.7%
Return On Assets -5.27 % +73%
Operating Margin -2.46 % +87.1%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.8B USD -37.8%
Common Stock, Value, Issued 9K USD 0%
Weighted Average Number of Shares Outstanding, Basic 91.9M shares -2.86%
Weighted Average Number of Shares Outstanding, Diluted 91.9M shares -2.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.36B USD +9.34%
Research and Development Expense 329M USD -3.07%
Selling and Marketing Expense 1.09B USD +1.96%
General and Administrative Expense 296M USD -7.22%
Operating Income (Loss) -58M USD +85.8%
Nonoperating Income (Expense) -35.9M USD -327%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -93.9M USD +76.1%
Income Tax Expense (Benefit) 4.42M USD -47.8%
Net Income (Loss) Attributable to Parent -98.3M USD +75.5%
Earnings Per Share, Basic -1.05 USD/shares +75.1%
Earnings Per Share, Diluted -1.05 USD/shares +75.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 213M USD
Accounts Receivable, after Allowance for Credit Loss, Current 396M USD +13.8%
Inventory, Net 2.06M USD +76.7%
Other Assets, Current 22.8M USD -62.2%
Assets, Current 859M USD -18.4%
Property, Plant and Equipment, Net 185M USD +0.85%
Operating Lease, Right-of-Use Asset 45.1M USD +38.9%
Intangible Assets, Net (Excluding Goodwill) 290M USD -32.8%
Goodwill 75.3M USD +13.3%
Other Assets, Noncurrent 15.9M USD -26.6%
Assets 1.82B USD -16.7%
Accounts Payable, Current 34.8M USD -19.7%
Employee-related Liabilities, Current 48.9M USD +2.68%
Accrued Liabilities, Current 288M USD -7.38%
Contract with Customer, Liability, Current 261M USD +12.9%
Liabilities, Current 765M USD +26.3%
Operating Lease, Liability, Noncurrent 29.8M USD +60.6%
Other Liabilities, Noncurrent 17.6M USD -71.7%
Liabilities 2.16B USD -12.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.08M USD -87.5%
Retained Earnings (Accumulated Deficit) -1.75B USD -5.95%
Stockholders' Equity Attributable to Parent -545M USD -12.6%
Liabilities and Equity 1.82B USD -16.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 96.1M USD -11.5%
Net Cash Provided by (Used in) Financing Activities -94.7M USD -14.4%
Net Cash Provided by (Used in) Investing Activities -19.4M USD +8.96%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -19.1M USD -496%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 213M USD -50.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23.4M USD +36986%
Deferred Tax Assets, Valuation Allowance 675M USD +0.75%
Deferred Tax Assets, Gross 837M USD +1.06%
Operating Lease, Liability 48.5M USD +42.6%
Depreciation 85.5M USD +5.56%
Payments to Acquire Property, Plant, and Equipment 6.13M USD -29.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -101M USD +73.9%
Lessee, Operating Lease, Liability, to be Paid 49.8M USD +21.7%
Property, Plant and Equipment, Gross 580M USD +16.6%
Operating Lease, Liability, Current 18.7M USD +21.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13M USD +57%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.6M USD -1.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +40%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.92M USD +52.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.2M USD +64.5%
Current Income Tax Expense (Benefit) 7.76M USD
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 32M USD +21.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.59M USD +13.9%
Operating Lease, Payments 4.14M USD -27.6%
Amortization of Intangible Assets 141M USD -9.37%
Deferred Tax Assets, Net of Valuation Allowance 162M USD +2.35%
Share-based Payment Arrangement, Expense 371M USD -8.85%
Interest Expense 50M USD +765%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%