RingCentral (RNG) Capital Leases (2012 - 2018)

RingCentral (RNG) posted quarterly Capital Leases of $2.8 million for Q3 2018, little changed on a QoQ basis from $2.8 million in Q2 2018.

RingCentral (RNG) Capital Leases (2012 - 2018) Analysis & Trends

RingCentral (RNG) has reported Capital Leases for 6 consecutive years, with $2.8 million the latest figure, recorded in Q3 2018.

  • Quarterly Capital Leases changed N/A year-over-year to $2.8 million in Q3 2018, while the trailing twelve-month figure through Sep 2018 was $2.8 million (changed N/A YoY) and the FY2015 annual result came in at $181000.0, down 66.17% from the prior year.
  • Capital Leases steadied at $2.8 million in Q3 2018 per RNG's latest filing, from $2.8 million in the prior quarter.
  • Over the last five years, Capital Leases for RNG reached as high as $3.3 million in Q1 2018 and fell as low as $86000.0 in Q1 2016.
  • A 4-year average of $1.0 million and a median of $492500.0 in 2014 frame the typical range for Capital Leases.
  • Annual changes were most pronounced in 2015 — Capital Leases soared 260.0% — and 2016, when it plunged 80.89%.
  • Year by year, Capital Leases stood at $535000.0 in 2014, then slumped by 66.17% to $181000.0 in 2015, then plunged by 52.49% to $86000.0 in 2016, then jumped by 3189.53% to $2.8 million in 2018.
  • According to Business Quant data, Capital Leases over the past three periods registered $2.8 million, $2.8 million, and $3.3 million for Q3 2018, Q2 2018, and Q1 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 RingCentral 3.27 Bn 3.15 Bn 472.31 Mn

Historic Data

Download Data
DateValue
Sep 30, 2018 2.83 Mn
Jun 30, 2018 2.83 Mn
Mar 31, 2018 3.26 Mn
Mar 31, 2016 86,000.00
Dec 31, 2015 181,000.00
Sep 30, 2015 273,000.00
Jun 30, 2015 363,000.00
Mar 31, 2015 450,000.00
Dec 31, 2014 535,000.00
Sep 30, 2014 618,000.00
Jun 30, 2014 699,000.00
Mar 31, 2014 125,000.00
Dec 31, 2013 247,000.00
Sep 30, 2013 365,000.00
Dec 31, 2012 703,000.00