RingCentral (RNG) Convertible Debt (2018 - 2023)

RingCentral (RNG) has reported Convertible Debt for 6 consecutive years, with $387.1 million the latest figure, recorded 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.
• Over the last five years, Convertible Debt for RNG reached as high as $1.6 billion in Q1 2023 and fell as low as $371.5 million in Q1 2019.
• A 5-year average of $1.1 billion and a median of $1.4 billion in 2020 frame the typical range for Convertible Debt.
• Annual changes were most pronounced in 2020 — Convertible Debt surged 265.44% — and 2023, when it sank 76.37%.
• Year by year, Convertible Debt 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.
• According to Business Quant data, Convertible Debt over the past three periods registered $387.1 million, $1.6 billion, and $1.6 billion for Q4 2023, Q1 2023, and Q4 2022 respectively.