RingCentral (RNG) Convertible Debt (2018 - 2023)

RingCentral (RNG) has 6 years of Convertible Debt data on file, last reported at $387.1 million in Q4 2023.

• Quarterly Convertible Debt fell 76.37% year-over-year to $387.1 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $387.1 million (down 76.37% YoY) and the FY2023 annual result came in at $387.1 million, down 76.37% from the prior year.
• Convertible Debt slipped to $387.1 million in Q4 2023 per RNG's latest filing, from $1.6 billion in the prior quarter.
• Across five years, Convertible Debt topped out at $1.6 billion in Q1 2023 and bottomed at $371.5 million in Q1 2019.
• The 5-year median for Convertible Debt is $1.4 billion (2020), against an average of $1.1 billion.
• The widest annual swing landed in 2020, when Convertible Debt jumped 265.44%; it then tumbled 76.37% in 2023.
• Tracing RNG's Convertible Debt over 5 years: stood at $386.9 million in 2019, then jumped by 255.48% to $1.4 billion in 2020, then climbed by 1.68% to $1.4 billion in 2021, then rose by 17.16% to $1.6 billion in 2022, then plunged by 76.37% to $387.1 million in 2023.
• Per Business Quant, the three latest RNG Convertible Debt figures stand at $387.1 million (Q4 2023), $1.6 billion (Q1 2023), and $1.6 billion (Q4 2022).

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