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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.

  • For Q3 2018, Capital Leases changed N/A year-over-year to $2.8 million; the TTM value through Sep 2018 reached $2.8 million, changed N/A, while the annual FY2015 figure was $181000.0, 66.17% down from the prior year.
  • Capital Leases hit $2.8 million in Q3 2018 for RingCentral, roughly flat from $2.8 million in the prior quarter.
  • Across five years, Capital Leases topped out at $3.3 million in Q1 2018 and bottomed 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.
  • Year-over-year, Capital Leases soared 260.0% in 2015 and then crashed 80.89% in 2016.
  • RingCentral's Capital Leases stood at $535000.0 in 2014, then tumbled by 66.17% to $181000.0 in 2015, then tumbled by 52.49% to $86000.0 in 2016, then soared 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.