RingCentral, Inc. financial data

Symbol
RNG on NYSE
Industry
Services-Computer Processing & Data Preparation
Location
20 Davis Drive, Belmont, California
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 129 % -1.13%
Quick Ratio 0.24 % +20.2%
Debt-to-equity -445 % +19.7%
Return On Equity 26 % -83.1%
Return On Assets -6.77 % +78%
Operating Margin -5.01 % +80.4%

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 92.7M shares -2.72%
Weighted Average Number of Shares Outstanding, Diluted 92.7M shares -2.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.31B USD +9.48%
Research and Development Expense 331M USD -3.04%
Selling and Marketing Expense 1.09B USD +2.22%
General and Administrative Expense 319M USD +4.86%
Operating Income (Loss) -115M USD +78.5%
Nonoperating Income (Expense) -12.3M USD +86.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -128M USD +79.8%
Income Tax Expense (Benefit) 4.82M USD -63.3%
Net Income (Loss) Attributable to Parent -133M USD +79.4%
Earnings Per Share, Basic -1.41 USD/shares +79.1%
Earnings Per Share, Diluted -1.41 USD/shares +79.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 199M USD
Accounts Receivable, after Allowance for Credit Loss, Current 370M USD +14.8%
Inventory, Net 1.91M USD +69.4%
Other Assets, Current 29.8M USD -39.6%
Assets, Current 828M USD +3.03%
Property, Plant and Equipment, Net 182M USD -1.88%
Operating Lease, Right-of-Use Asset 45.2M USD +44.1%
Intangible Assets, Net (Excluding Goodwill) 323M USD -29.4%
Goodwill 74.4M USD +36.4%
Other Assets, Noncurrent 12.2M USD -49.3%
Assets 1.83B USD -6.56%
Accounts Payable, Current 38.9M USD +6.01%
Employee-related Liabilities, Current 48.7M USD +15.5%
Accrued Liabilities, Current 279M USD -9.42%
Contract with Customer, Liability, Current 262M USD +15.4%
Liabilities, Current 761M USD +28.5%
Operating Lease, Liability, Noncurrent 30.5M USD +83.8%
Other Liabilities, Noncurrent 12.4M USD -80.9%
Liabilities 2.16B USD -3.23%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.05M USD +2.77%
Retained Earnings (Accumulated Deficit) -1.74B USD -8.24%
Stockholders' Equity Attributable to Parent -528M USD -12%
Liabilities and Equity 1.83B USD -6.56%

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 199M USD -11.5%
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 48.2M USD +43.4%
Depreciation 85.4M USD +9.07%
Payments to Acquire Property, Plant, and Equipment 6.13M USD -29.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -132M USD +79.3%
Lessee, Operating Lease, Liability, to be Paid 49.8M USD +21.7%
Property, Plant and Equipment, Gross 555M USD +14.7%
Operating Lease, Liability, Current 17.7M USD +3.91%
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 146M USD -9.54%
Deferred Tax Assets, Net of Valuation Allowance 162M USD +2.35%
Share-based Payment Arrangement, Expense 399M USD +2.06%
Interest Expense 50M USD +765%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%