Growth Metrics

RingCentral (RNG) Current Leases (2016 - 2018)

RingCentral (RNG) has disclosed Current Leases for 6 consecutive years, with $943000.0 as the latest value for Q3 2018.

  • Quarterly Current Leases changed N/A to $943000.0 in Q3 2018 from the year-ago period, while the trailing twelve-month figure was $943000.0 through Sep 2018, changed N/A year-over-year, with the annual reading at $181000.0 for FY2016, 32.71% down from the prior year.
  • Current Leases for Q3 2018 was $943000.0 at RingCentral, roughly flat from $943000.0 in the prior quarter.
  • The five-year high for Current Leases was $1.3 million in Q1 2018, with the low at $181000.0 in Q3 2016.
  • Average Current Leases over 4 years is $507466.7, with a median of $356000.0 recorded in 2014.
  • The sharpest move saw Current Leases surged 81.95% in 2014, then crashed 72.28% in 2015.
  • Over 4 years, Current Leases stood at $509000.0 in 2014, then plummeted by 47.15% to $269000.0 in 2015, then tumbled by 32.71% to $181000.0 in 2016, then surged by 420.99% to $943000.0 in 2018.
  • According to Business Quant data, Current Leases over the past three periods came in at $943000.0, $943000.0, and $1.3 million for Q3 2018, Q2 2018, and Q1 2018 respectively.