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| Date | Value |
|---|---|
| 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 |