RingCentral (RNG) Capital Leases (2012 - 2018)

RingCentral (RNG) posted quarterly Capital Leases of $2.8 million for Q3 2018, little changed quarter-over-quarter 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.

In Q3 2018, Capital Leases changed N/A year-over-year to $2.8 million; the TTM figure through Sep 2018 stood at $2.8 million (changed N/A YoY), while the FY2015 annual figure was $181000.0, down 66.17% from the prior year.
Capital Leases was little changed at $2.8 million in Q3 2018 per RNG's latest filing, 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.
Historically, Capital Leases has averaged $1.0 million across 4 years, with a median of $492500.0 in 2014.
Annual changes were most pronounced in 2015 — Capital Leases jumped 260.0% — and 2016, when it plunged 80.89%.
RingCentral's Capital Leases stood at $535000.0 in 2014, then sank by 66.17% to $181000.0 in 2015, then tumbled by 52.49% to $86000.0 in 2016, then jumped by 3189.53% to $2.8 million in 2018.
Business Quant data shows RNG's Capital Leases at $2.8 million in Q3 2018, $2.8 million in Q2 2018, and $3.3 million in Q1 2018.

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7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn
10	RingCentral	5.40 Bn	5.29 Bn	472.31 Mn

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