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
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 136 % +8%
Quick Ratio 0.23 % -33.1%
Debt-to-equity -462 % +39.2%
Return On Equity 28.1 % -88.9%
Return On Assets -7 % +80%
Operating Margin -6.89 % +76.4%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.8 B USD -37.8%
Common Stock, Value, Issued 9 K USD -10%
Weighted Average Number of Shares Outstanding, Basic 93.1 M shares -2.69%
Weighted Average Number of Shares Outstanding, Diluted 93.1 M shares -2.69%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.25 B USD +9.67%
Research and Development Expense 331 M USD -7.3%
Selling and Marketing Expense 1.08 B USD +1.65%
General and Administrative Expense 322 M USD +6.03%
Operating Income (Loss) -155 M USD +74.2%
Nonoperating Income (Expense) 24.4 M USD -545%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -131 M USD +83.1%
Income Tax Expense (Benefit) 8.6 M USD +19.1%
Net Income (Loss) Attributable to Parent -139 M USD +82.2%
Earnings Per Share, Basic -1.48 USD/shares +82%
Earnings Per Share, Diluted -1.48 USD/shares +82%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 203 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 371 M USD +17.8%
Inventory, Net 2.09 M USD +59.7%
Other Assets, Current 35.8 M USD -13.5%
Assets, Current 831 M USD -2.35%
Property, Plant and Equipment, Net 183 M USD -2.43%
Operating Lease, Right-of-Use Asset 39.6 M USD +16%
Intangible Assets, Net (Excluding Goodwill) 359 M USD -27.5%
Goodwill 66.9 M USD +22.4%
Other Assets, Noncurrent 12.8 M USD -62.3%
Assets 1.87 B USD -8.47%
Accounts Payable, Current 24 M USD -57.4%
Employee-related Liabilities, Current 48.3 M USD +0.7%
Accrued Liabilities, Current 312 M USD -0.79%
Contract with Customer, Liability, Current 247 M USD +12.2%
Liabilities, Current 764 M USD +29.2%
Operating Lease, Liability, Noncurrent 25.6 M USD +39.3%
Other Liabilities, Noncurrent 45.9 M USD -34.3%
Liabilities 2.2 B USD -5.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.11 M USD +27.2%
Retained Earnings (Accumulated Deficit) -1.73 B USD -8.77%
Stockholders' Equity Attributable to Parent -522 M USD -10.7%
Liabilities and Equity 1.87 B USD -8.47%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 96.1 M USD -11.5%
Net Cash Provided by (Used in) Financing Activities -94.7 M USD -14.4%
Net Cash Provided by (Used in) Investing Activities -19.4 M USD +8.96%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -19.1 M USD -496%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 203 M USD -26.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23.4 M USD +36986%
Deferred Tax Assets, Valuation Allowance 675 M USD +0.75%
Deferred Tax Assets, Gross 837 M USD +1.06%
Operating Lease, Liability 43.2 M USD +19.2%
Depreciation 84.3 M USD +11.8%
Payments to Acquire Property, Plant, and Equipment 6.13 M USD -29.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -137 M USD +82.6%
Lessee, Operating Lease, Liability, to be Paid 49.8 M USD +21.7%
Property, Plant and Equipment, Gross 535 M USD +15%
Operating Lease, Liability, Current 17.6 M USD -1.55%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13 M USD +57%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.6 M USD -1.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +40%
Deferred Income Tax Expense (Benefit) 631 K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.92 M USD +52.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.2 M USD +64.5%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 7.76 M USD +33.5%
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 32 M USD +21.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.59 M USD +13.9%
Operating Lease, Payments 4.14 M USD -27.6%
Current State and Local Tax Expense (Benefit) 1.79 M USD +62.3%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 149 M USD -11.2%
Deferred Tax Assets, Net of Valuation Allowance 162 M USD +2.35%
Share-based Payment Arrangement, Expense 417 M USD +7.78%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 50 M USD +765%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%