RingCentral (RNG) Convertible Debt (2018 - 2023)
RingCentral (RNG) reported Convertible Debt of $387.1 million for Q4 2023, down 76.4% from $1.64 billion a year earlier.
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Analysis
RingCentral (RNG) Convertible Debt (2018 - 2023) Analysis & Trends
Dating back to Q1 2018, RingCentral's Convertible Debt record includes 22 quarters.
- Convertible Debt has a five-year compound annual growth rate of 1.1% (FY2018 to FY2023).
- By year, Convertible Debt came in at $1.64 billion in FY2022 (+17.2%), $1.4 billion in FY2021 (+1.7%), $1.38 billion in FY2020 (+255.5%) and $386.89 million in FY2019 (+5.5%).
- The Q4 2023 figure ranks as the lowest quarterly Convertible Debt since Q4 2019.
- Year over year, Convertible Debt gained in five of the last six quarters, with an average year-over-year change of 0.0%.
- The high point for year-over-year Convertible Debt in five years was Q3 2020 (growth of 265.4%); the low point was Q4 2023 (a decline of 76.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Open Text | 5.43 Bn | 861.81 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 387.10 Mn |
| Mar 31, 2023 | 1.64 Bn |
| Dec 31, 2022 | 1.64 Bn |
| Sep 30, 2022 | 1.64 Bn |
| Jun 30, 2022 | 1.64 Bn |
| Mar 31, 2022 | 1.64 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.38 Bn |
| Jun 30, 2021 | 1.37 Bn |
| Mar 31, 2021 | 1.35 Bn |
| Dec 31, 2020 | 1.38 Bn |
| Sep 30, 2020 | 1.39 Bn |
| Jun 30, 2020 | 1.01 Bn |
| Mar 31, 2020 | 1.04 Bn |
| Dec 31, 2019 | 386.89 Mn |
| Sep 30, 2019 | 381.70 Mn |
| Jun 30, 2019 | 376.58 Mn |
| Mar 31, 2019 | 371.53 Mn |
| Dec 31, 2018 | 366.55 Mn |
| Sep 30, 2018 | 361.64 Mn |
API Access
RingCentral Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "RNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();