RingCentral (RNG) Current Taxes (2012 - 2018)

RingCentral (RNG) posted quarterly Current Taxes of $19.6 million for Q4 2018, up 65.78% year-on-year from $11.8 million in Q4 2017, and up 15.61% on a QoQ basis from $17.0 million in Q3 2018.

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

RingCentral (RNG) has reported Current Taxes for 7 consecutive years, with $19.6 million the latest figure, recorded in Q4 2018.

  • Quarterly Current Taxes rose 65.78% year-over-year to $19.6 million in Q4 2018, while the trailing twelve-month figure through Dec 2018 was $19.6 million (up 65.78% YoY) and the FY2018 annual result came in at $19.6 million, up 65.78% from the prior year.
  • Current Taxes advanced to $19.6 million in Q4 2018 per RNG's latest filing, from $17.0 million in the prior quarter.
  • Over the last five years, Current Taxes for RNG reached as high as $19.6 million in Q4 2018 and fell as low as $4.6 million in Q1 2014.
  • A 5-year average of $8.8 million and a median of $7.2 million in 2016 frame the typical range for Current Taxes.
  • Annual changes were most pronounced in 2015 — Current Taxes dropped 1.68% — and 2018, when it surged 103.77%.
  • Year by year, Current Taxes stood at $5.3 million in 2014, then dropped by 0.64% to $5.2 million in 2015, then surged by 37.71% to $7.2 million in 2016, then surged by 63.82% to $11.8 million in 2017, then jumped by 65.78% to $19.6 million in 2018.
  • According to Business Quant data, Current Taxes over the past three periods registered $19.6 million, $17.0 million, and $16.1 million for Q4 2018, Q3 2018, and Q2 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 1.50 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 70.96 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 372.20 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 RingCentral 3.27 Bn 3.15 Bn 472.31 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2018 19.61 Mn
Sep 30, 2018 16.96 Mn
Jun 30, 2018 16.09 Mn
Mar 31, 2018 13.37 Mn
Dec 31, 2017 11.83 Mn
Sep 30, 2017 8.70 Mn
Jun 30, 2017 7.90 Mn
Mar 31, 2017 9.44 Mn
Dec 31, 2016 7.22 Mn
Sep 30, 2016 7.24 Mn
Jun 30, 2016 7.09 Mn
Mar 31, 2016 5.77 Mn
Dec 31, 2015 5.24 Mn
Sep 30, 2015 5.86 Mn
Jun 30, 2015 5.91 Mn
Mar 31, 2015 5.73 Mn
Dec 31, 2014 5.28 Mn
Sep 30, 2014 5.96 Mn
Jun 30, 2014 5.58 Mn
Mar 31, 2014 4.64 Mn