RingCentral (RNG) Current Taxes (2012 - 2018)
RingCentral's (RNG) quarterly Current Taxes came in at $19.6 million in Q4 2018, up 65.78% year-over-year from $11.8 million in Q4 2017, and up 15.61% quarter-over-quarter from $17.0 million in Q3 2018.
Analysis
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.
- On a quarterly basis, Current Taxes rose 65.78% year-over-year to $19.6 million in Q4 2018; TTM through Dec 2018 was $19.6 million, a 65.78% increase from a year earlier, with the FY2018 full-year figure at $19.6 million, up 65.78% from the prior year.
- Current Taxes was $19.6 million for Q4 2018 at RingCentral, up from $17.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $19.6 million in Q4 2018 and troughed at $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.
- Across the five-year window, Current Taxes retreated 1.68% in 2015 and surged 103.77% in 2018, its largest moves.
- Over 5 years, Current Taxes stood at $5.3 million in 2014, then declined by 0.64% to $5.2 million in 2015, then soared by 37.71% to $7.2 million in 2016, then soared by 63.82% to $11.8 million in 2017, then surged by 65.78% to $19.6 million in 2018.
- The last three Current Taxes figures came in at $19.6 million (Q4 2018), $17.0 million (Q3 2018), and $16.1 million (Q2 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | - |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | - |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | - |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | - |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | - |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 3.03 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | - |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 798,000.00 |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |