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RingCentral (RNG) Capital Leases (2018)

RingCentral (RNG) has disclosed Capital Leases for 6 consecutive years, with $2.8 million as the latest value for Q3 2018.

  • Quarterly Capital Leases changed N/A to $2.8 million in Q3 2018 from the year-ago period, while the trailing twelve-month figure was $2.8 million through Sep 2018, changed N/A year-over-year, with the annual reading at $181000.0 for FY2015, 66.17% down from the prior year.
  • Capital Leases for Q3 2018 was $2.8 million at RingCentral, roughly flat from $2.8 million in the prior quarter.
  • The five-year high for Capital Leases was $3.3 million in Q1 2018, with the low at $86000.0 in Q1 2016.
  • Average Capital Leases over 4 years is $1.0 million, with a median of $492500.0 recorded in 2014.
  • The sharpest move saw Capital Leases surged 260.0% in 2015, then tumbled 80.89% in 2016.
  • Over 4 years, Capital Leases stood at $535000.0 in 2014, then plummeted by 66.17% to $181000.0 in 2015, then plummeted by 52.49% to $86000.0 in 2016, then surged by 3189.53% to $2.8 million in 2018.
  • According to Business Quant data, Capital Leases over the past three periods came in at $2.8 million, $2.8 million, and $3.3 million for Q3 2018, Q2 2018, and Q1 2018 respectively.