Ringcentral Historical Balance Sheet

RNG Stock  USD 41.58  0.33  0.80%   
Trend analysis of Ringcentral balance sheet accounts such as Total Current Liabilities of 664.2 M, Other Liab of 55.4 M, Property Plant And Equipment Net of 238.7 M or Current Deferred Revenue of 245.3 M provides information on Ringcentral's total assets, liabilities, and equity, which is the actual value of Ringcentral to its prevalent stockholders. By breaking down trends over time using Ringcentral balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Ringcentral latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ringcentral is a good buy for the upcoming year.

Ringcentral Inventory

1.55 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.

About Ringcentral Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ringcentral at a specified time, usually calculated after every quarter, six months, or one year. Ringcentral Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ringcentral and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ringcentral currently owns. An asset can also be divided into two categories, current and non-current.

Ringcentral Balance Sheet Chart

At this time, Ringcentral's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Ringcentral's current Other Liabilities is estimated to increase to about 55.4 M, while Total Assets are projected to decrease to roughly 1 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Ringcentral assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ringcentral books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Ringcentral, which is listed under current asset account on Ringcentral balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ringcentral customers. The amounts must be unrestricted with restricted cash listed in a different Ringcentral account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Ringcentral's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ringcentral current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.At this time, Ringcentral's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Ringcentral's current Other Liabilities is estimated to increase to about 55.4 M, while Total Assets are projected to decrease to roughly 1 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.4B1.7B1.6B1.7B
Total Assets2.6B2.1B1.9B1.0B

Ringcentral balance sheet Correlations

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0.790.980.890.870.87-0.060.840.910.830.85-0.680.510.990.510.960.50.80.880.380.750.860.880.60.840.64
0.630.650.520.470.490.30.270.550.50.29-0.210.510.520.140.611.00.430.48-0.210.30.60.480.290.830.48
0.760.980.840.820.830.080.840.880.790.8-0.60.990.520.410.980.510.750.830.460.680.870.830.550.810.61
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0.750.970.820.760.790.170.750.860.750.74-0.520.960.610.980.320.60.70.790.350.620.850.790.520.830.66
0.630.650.510.460.480.30.270.540.490.29-0.210.51.00.510.140.60.420.47-0.210.30.60.480.290.830.48
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Ringcentral Account Relationship Matchups

Ringcentral balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding83.1M88.7M91.7M95.2M94.9M79.5M
Total Assets1.5B2.2B2.6B2.1B1.9B1.0B
Short Long Term Debt Total415.4M1.4B1.4B1.7B1.6B1.7B
Other Current Liab124.5M163.1M230.6M324.8M265.1M278.4M
Total Current Liabilities280.7M438.1M526.3M652.6M632.5M664.2M
Total Stockholder Equity745.7M312.2M538.4M(482.8M)(502.6M)(477.4M)
Other Liab8.9M24.0M84.1M45.8M52.7M55.4M
Property Plant And Equipment Net128.5M193.3M214.2M220.8M227.4M238.7M
Current Deferred Revenue107.4M142.2M176.5M209.7M233.6M245.3M
Net Debt71.8M805.3M1.2B1.4B1.4B1.4B
Retained Earnings(289.3M)(372.3M)(748.6M)(1.5B)(1.7B)(1.6B)
Accounts Payable34.6M54.0M70.0M62.7M53.3M27.4M
Cash343.6M639.9M267.2M270.0M222.2M259.7M
Non Current Assets Total915.2M1.3B1.9B1.3B1.1B582.7M
Non Currrent Assets Other9.6M8.6M8.1M469.9M407.7M428.1M
Other Assets471.9M676.3M731.6M469.9M407.7M243.5M
Cash And Short Term Investments343.6M639.9M267.2M270.0M222.2M262.1M
Net Receivables130.0M176.0M232.8M311.3M364.4M382.7M
Liabilities And Stockholders Equity1.5B2.2B2.6B2.1B1.9B1.0B
Non Current Liabilities Total424.3M1.4B1.5B1.9B1.8B1.9B
Inventory401K551K5.7M1.2M1.5M1.6M
Other Current Assets25.4M109.7M145.1M213.5M260.5M273.6M
Other Stockholder Equity1.0B677.7M1.1B860.4M1.0B582.6M
Total Liab705.0M1.9B2.0B2.6B2.4B2.6B
Property Plant And Equipment Gross128.5M193.3M214.2M185.4M560.8M588.8M
Total Current Assets535.5M926.1M650.7M796.0M848.6M460.1M
Accumulated Other Comprehensive Income1.9M6.8M644K(8.8M)(8.2M)(7.8M)
Short Term Debt14.2M47.4M18.7M17.5M36.7M38.5M
Property Plant Equipment89.2M142.2M214.2M220.8M254.0M266.7M
Long Term Debt386.9M1.4B1.4B1.6B1.5B1.6B
Good Will55.3M57.3M55.5M54.3M67.4M34.9M
Retained Earnings Total Equity(289.3M)(372.3M)(748.6M)(1.5B)(1.4B)(1.3B)
Deferred Long Term Liab462.3M667.8M723.4M438.6M504.4M262.4M
Intangible Assets127.3M118.3M716.6M528.1M393.8M413.5M
Net Tangible Assets563.1M136.6M(433.1M)(283.3M)(255.0M)(242.3M)

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When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.05)
Revenue Per Share
25.361
Quarterly Revenue Growth
0.091
Return On Assets
(0.01)
Return On Equity
(6.89)
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.