Growth Metrics

RingCentral (RNG) Convertible Debt (2018 - 2023)

RingCentral (RNG) has disclosed Convertible Debt for 6 consecutive years, with $387.1 million as the latest value for Q4 2023.

  • For Q4 2023, Convertible Debt fell 76.37% year-over-year to $387.1 million; the TTM value through Dec 2023 reached $387.1 million, down 76.37%, while the annual FY2023 figure was $387.1 million, 76.37% down from the prior year.
  • Convertible Debt hit $387.1 million in Q4 2023 for RingCentral, down 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.
  • Average Convertible Debt over 5 years is $1.1 billion, with a median of $1.4 billion recorded in 2020.
  • Year-over-year, Convertible Debt surged 265.44% in 2020 and then tumbled 76.37% in 2023.
  • RingCentral's Convertible Debt stood at $386.9 million in 2019, then soared by 255.48% to $1.4 billion in 2020, then increased by 1.68% to $1.4 billion in 2021, then increased by 17.16% to $1.6 billion in 2022, then crashed by 76.37% to $387.1 million in 2023.
  • According to Business Quant data, Convertible Debt over the past three periods came in at $387.1 million, $1.6 billion, and $1.6 billion for Q4 2023, Q1 2023, and Q4 2022 respectively.