RingCentral (RNG) Current Leases (2012 - 2018)

RingCentral (RNG) posted quarterly Current Leases of $943000.0 for Q3 2018, little changed quarter-over-quarter from $943000.0 in Q2 2018.

RingCentral (RNG) Current Leases (2012 - 2018) Analysis & Trends

RingCentral (RNG) has reported Current Leases for 6 consecutive years, with $943000.0 the latest figure, recorded in Q3 2018.

  • In Q3 2018, Current Leases changed N/A year-over-year to $943000.0; the TTM figure through Sep 2018 stood at $943000.0 (changed N/A YoY), while the FY2016 annual figure was $181000.0, down 32.71% from the prior year.
  • Current Leases steadied at $943000.0 in Q3 2018 per RNG's latest filing, from $943000.0 in the prior quarter.
  • Across five years, Current Leases topped out at $1.3 million in Q1 2018 and bottomed at $181000.0 in Q3 2016.
  • Historically, Current Leases has averaged $507466.7 across 4 years, with a median of $356000.0 in 2014.
  • Annual changes were most pronounced in 2014 — Current Leases jumped 81.95% — and 2015, when it plunged 72.28%.
  • RingCentral's Current Leases stood at $509000.0 in 2014, then tumbled by 47.15% to $269000.0 in 2015, then tumbled by 32.71% to $181000.0 in 2016, then jumped by 420.99% to $943000.0 in 2018.
  • Business Quant data shows RNG's Current Leases at $943000.0 in Q3 2018, $943000.0 in Q2 2018, and $1.3 million in Q1 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 10.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 557.00 Mn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 178.00 Mn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 114.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 55.78 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 91.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn -
10 RingCentral 5.40 Bn 5.29 Bn 472.31 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2018 943,000.00
Jun 30, 2018 943,000.00
Mar 31, 2018 1.25 Mn
Dec 31, 2016 181,000.00
Sep 30, 2016 181,000.00
Jun 30, 2016 273,000.00
Mar 31, 2016 276,000.00
Dec 31, 2015 269,000.00
Sep 30, 2015 262,000.00
Jun 30, 2015 255,000.00
Mar 31, 2015 377,000.00
Dec 31, 2014 509,000.00
Sep 30, 2014 615,000.00
Jun 30, 2014 920,000.00
Mar 31, 2014 356,000.00
Dec 31, 2013 347,000.00
Sep 30, 2013 338,000.00
Dec 31, 2012 312,000.00