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.

• On a quarterly basis, Convertible Debt fell 76.37% year-over-year to $387.1 million in Q4 2023; TTM through Dec 2023 was $387.1 million, a 76.37% decrease from a year earlier, with the FY2023 full-year figure at $387.1 million, down 76.37% from the prior year.
• Convertible Debt was $387.1 million for Q4 2023 at RingCentral, down from $1.6 billion in the prior quarter.
• Over five years, Convertible Debt peaked at $1.6 billion in Q1 2023 and troughed at $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.
• Across the five-year window, Convertible Debt surged 265.44% in 2020 and slumped 76.37% in 2023, its largest moves.
• Over 5 years, Convertible Debt stood at $386.9 million in 2019, then surged by 255.48% to $1.4 billion in 2020, then grew by 1.68% to $1.4 billion in 2021, then gained by 17.16% to $1.6 billion in 2022, then tumbled by 76.37% to $387.1 million in 2023.
• The last three Convertible Debt figures came in at $387.1 million (Q4 2023), $1.6 billion (Q1 2023), and $1.6 billion (Q4 2022), per Business Quant data.