RingCentral, Inc. Annual Return On Assets in % from 2014 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
RingCentral, Inc. quarterly/annual Return On Assets history and growth rate from 2014 to 2023.
  • RingCentral, Inc. Return On Assets for the quarter ending June 30, 2024 was -6.77 %, a 78% increase year-over-year.
  • RingCentral, Inc. annual Return On Assets for 2023 was -8.13 %, a 78.1% increase from 2022.
  • RingCentral, Inc. annual Return On Assets for 2022 was -37.1 %, a 112% decline from 2021.
  • RingCentral, Inc. annual Return On Assets for 2021 was -17.5 %, a 330% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -8.13 +29 +78.1% Jan 1, 2023 Dec 31, 2023
2022 -37.1 -19.6 -112% Jan 1, 2022 Dec 31, 2022
2021 -17.5 -13.5 -330% Jan 1, 2021 Dec 31, 2021
2020 -4.08 +0.7 +14.7% Jan 1, 2020 Dec 31, 2020
2019 -4.78 -1.63 -51.7% Jan 1, 2019 Dec 31, 2019
2018 -3.15 -1.71 -118% Jan 1, 2018 Dec 31, 2018
2017 -1.44 +5.43 +79% Jan 1, 2017 Dec 31, 2017
2016 -6.87 +8.92 +56.5% Jan 1, 2016 Dec 31, 2016
2015 -15.8 +9.02 +36.4% Jan 1, 2015 Dec 31, 2015
2014 -24.8 Jan 1, 2014 Dec 31, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.