RNG - RingCentral, Inc.
NYSE
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Technology
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Software—Application
Belmont,
United States
Type: Equity
RNG price evolution
RNG
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $222.19 | $432.35 | $225.35 | $274.8 |
| Short term investments | ||||
| Net receivables | $364.44 | $347.91 | $322.19 | $315.33 |
| Inventory | $1.49 | $1.17 | $1.13 | $1.31 |
| Total current assets | $848.65 | $1052.32 | $803.54 | $851.03 |
| Long term investments | ||||
| Property, plant & equipment | $227.38 | $216.07 | $217.15 | $221.42 |
| Goodwill & intangible assets | $461.14 | $498.4 | $512.01 | $549.58 |
| Total noncurrent assets | $1096.26 | $1130.17 | $1156.82 | $1195.39 |
| Total investments | ||||
| Total assets | $1944.91 | $2182.49 | $1960.36 | $2046.42 |
| Current liabilities | ||||
| Accounts payable | $53.3 | $43.31 | $36.74 | $56.35 |
| Deferred revenue | $233.62 | $231.25 | $227.21 | $219.93 |
| Short long term debt | $20 | $20 | $20 | |
| Total current liabilities | $632.55 | $605.31 | $592.35 | $591.19 |
| Long term debt | $1553.66 | $1799.83 | $1575.39 | $1657.92 |
| Total noncurrent liabilities | $1615.49 | $1862.19 | $1640.4 | $1727.74 |
| Total debt | $1573.66 | $1819.83 | $1595.39 | $1657.92 |
| Total liabilities | $2248.03 | $2467.5 | $2232.75 | $2318.93 |
| Shareholders' equity | ||||
| Retained earnings | -$1699.14 | -$1651.89 | -$1609.78 | -$1588.3 |
| Other shareholder equity | -$8.22 | -$3.24 | -$5.2 | -$7.02 |
| Total shareholder equity | -$502.57 | -$484.46 | -$471.84 | -$471.95 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $222.19 | $88.15 | $267.16 | $639.85 |
| Short term investments | ||||
| Net receivables | $364.44 | $311.32 | $232.84 | $176.03 |
| Inventory | $1.49 | $1.21 | $5.66 | $0.55 |
| Total current assets | $848.65 | $796.02 | $650.74 | $926.13 |
| Long term investments | $4.56 | $210.44 | $213.18 | |
| Property, plant & equipment | $227.38 | $220.83 | $214.2 | $193.32 |
| Goodwill & intangible assets | $461.14 | $582.39 | $772.1 | $175.63 |
| Total noncurrent assets | $1096.26 | $1277.65 | $1928.3 | $1258.47 |
| Total investments | $4.56 | $210.44 | $213.18 | |
| Total assets | $1944.91 | $2073.66 | $2579.04 | $2184.6 |
| Current liabilities | ||||
| Accounts payable | $53.3 | $62.72 | $70.02 | $54.04 |
| Deferred revenue | $233.62 | $209.72 | $176.45 | $142.22 |
| Short long term debt | $20 | $31.15 | ||
| Total current liabilities | $632.55 | $652.56 | $526.27 | $438.07 |
| Long term debt | $1553.66 | $1638.41 | $1430.3 | $1414.04 |
| Total noncurrent liabilities | $1615.49 | $1704.44 | $1514.35 | $1434.28 |
| Total debt | $1573.66 | $1658.59 | $1430.3 | $1445.19 |
| Total liabilities | $2248.03 | $2357 | $2040.62 | $1872.35 |
| Shareholders' equity | ||||
| Retained earnings | -$1699.14 | -$1533.9 | -$748.56 | -$372.31 |
| Other shareholder equity | -$8.22 | -$8.78 | $0.64 | $6.81 |
| Total shareholder equity | -$502.57 | -$482.79 | $338.97 | $308.46 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $571.27 | $558.16 | $539.3 | $533.69 |
| Cost of revenue | $170.22 | $168.97 | $164.42 | $160.68 |
| Gross Profit | $401.05 | $389.19 | $374.89 | $373.01 |
| Operating activities | ||||
| Research & development | $84.89 | $85.44 | $80.28 | $85.24 |
| Selling, general & administrative | $361.2 | $357.92 | $339.67 | $342.3 |
| Total operating expenses | $446.09 | $443.37 | $419.95 | $427.54 |
| Operating income | -$45.04 | -$54.17 | -$45.06 | -$54.53 |
| Income from continuing operations | ||||
| EBIT | -$28.6 | -$33.73 | -$9.41 | -$49.1 |
| Income tax expense | $2.14 | -$3.78 | $6.95 | $3.08 |
| Interest expense | $16.5 | $12.16 | $5.12 | $2.21 |
| Net income | ||||
| Net income | -$47.24 | -$42.12 | -$21.48 | -$54.4 |
| Income (for common shares) | -$47.24 | -$42.12 | -$21.48 | -$54.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2202.43 | $1988.33 | $1183.66 | |
| Cost of revenue | $664.29 | $641.73 | $323.61 | |
| Gross Profit | $1538.14 | $1346.6 | $860.05 | |
| Operating activities | ||||
| Research & development | $335.85 | $362.26 | $189.48 | |
| Selling, general & administrative | $1401.1 | $1350.13 | $783.8 | |
| Total operating expenses | $1736.95 | $1996.07 | $973.29 | |
| Operating income | -$198.81 | -$649.48 | -$113.24 | |
| Income from continuing operations | ||||
| EBIT | -$120.85 | -$869.25 | -$32.78 | |
| Income tax expense | $8.39 | $5.11 | $0.93 | |
| Interest expense | $36 | $4.81 | $49.28 | |
| Net income | ||||
| Net income | -$165.24 | -$879.17 | -$83 | |
| Income (for common shares) | -$165.24 | -$879.17 | -$83 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$47.24 | -$42.12 | -$21.48 | -$54.4 |
| Operating activities | ||||
| Depreciation | $59.22 | $59.17 | $58.04 | $57.52 |
| Business acquisitions & disposals | -$14.71 | |||
| Stock-based compensation | $112.15 | $111.68 | $104.66 | $98.19 |
| Total cash flows from operations | $113.84 | $86.59 | $90.69 | $108.53 |
| Investing activities | ||||
| Capital expenditures | -$19.98 | -$16.63 | -$17.8 | -$21.32 |
| Investments | ||||
| Total cash flows from investing | -$19.98 | -$31.34 | -$17.8 | -$21.32 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$55.79 | -$74.93 | -$89.28 | -$74.41 |
| Net borrowings | -$246.6 | $231.81 | -$29.62 | -$6.58 |
| Total cash flows from financing | -$306.22 | $153.04 | -$122.12 | -$82.73 |
| Effect of exchange rate | $2.2 | -$1.3 | -$0.22 | $0.33 |
| Change in cash and equivalents | -$210.16 | $207 | -$49.45 | $4.82 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$165.24 | -$879.17 | -$376.25 | -$83 |
| Operating activities | ||||
| Depreciation | $233.94 | $246.56 | $125.29 | $75.61 |
| Business acquisitions & disposals | -$14.71 | |||
| Stock-based compensation | $426.68 | $386.01 | $357.96 | $189.6 |
| Total cash flows from operations | $399.66 | $191.31 | $152.15 | -$35.19 |
| Investing activities | ||||
| Capital expenditures | -$75.74 | -$86.44 | -$72.65 | -$81.73 |
| Investments | $3.22 | -$11.88 | ||
| Total cash flows from investing | -$90.45 | -$87.21 | -$396.83 | -$107.69 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$294.4 | -$83.94 | $36.72 | $41.23 |
| Net borrowings | -$50.99 | -$4.82 | -$337.79 | $539.42 |
| Total cash flows from financing | -$358.02 | -$98.22 | -$127.05 | $437.59 |
| Effect of exchange rate | $1.02 | -$3.06 | -$0.96 | $1.53 |
| Change in cash and equivalents | -$47.79 | $2.82 | -$372.69 | $296.25 |
News
|
Ringcentral (RNG) Aids Communication With Giant's Partnership
Zacks via Yahoo Finance
12 Apr 2024
|
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Tech Titans ProPicks strategy soars 183.59% in February 2024
Investing.com
5 Apr 2024
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ProPicks Mid-Cap Movers strategy rebounds in February 2024
Investing.com
5 Apr 2024
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Tech Titans ProPicks strategy soars 183.59% in February 2024
Investing.com
5 Apr 2024
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River1 Debuts Actively Managed ‘Trenchless’ ETF
ETF Trends via Yahoo Finance
3 Apr 2024
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Investors in RingCentral (NYSE:RNG) have unfortunately lost 89% over the last three years
Simply Wall St. via Yahoo Finance
3 Apr 2024
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River1 Debuts Actively Managed 'Trenchless' ETF | ETF Trends
ETF Trends
3 Apr 2024
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"Tech Titans" ProPicks strategy outperforms in March 2024 By Investing.com
Investing.com
3 Apr 2024
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"Tech Titans" ProPicks strategy outperforms in March 2024 By Investing.com
Investing.com
3 Apr 2024
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|
RingCentral deputy CFO sells $68.5k in company stock
Investing.com
2 Apr 2024
|
Fundamentals
| Market cap | $2.73B |
|---|---|
| Enterprise value | $4.09B |
| Shares outstanding | 93.47M |
| Revenue | $2.20B |
|---|---|
| EBITDA | $113.09M |
| EBIT | -$120.85M |
| Net Income | -$165.24M |
| Revenue Q/Q | 8.87% |
| Revenue Y/Y | 10.77% |
| P/E ratio | -16.55 |
|---|---|
| EV/Sales | 1.85 |
| EV/EBITDA | 36.12 |
| EV/EBIT | -33.81 |
| P/S ratio | 1.24 |
| P/B ratio | -5.53 |
| Book/Share | -5.29 |
| Cash/Share | 2.38 |
| EPS | -$1.77 |
|---|---|
| ROA | -8.13% |
| ROE | 34.23% |
| Debt/Equity | -4.47 |
|---|---|
| Net debt/EBITDA | 17.91 |
| Current ratio | 1.34 |
| Quick ratio | 1.34 |