RingCentral (RNG) Current Taxes (2012 - 2018)
RingCentral (RNG) reported Current Taxes of $19.61 million for Q4 2018, up 65.8% from $11.83 million a year earlier and up 15.6% from the prior quarter.
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Analysis
RingCentral (RNG) Current Taxes (2012 - 2018) Analysis & Trends
Dating back to Q4 2012, RingCentral's Current Taxes record includes 23 quarters.
- Current Taxes has increased for three consecutive years, with a five-year compound annual growth rate of 37.7% (FY2013 to FY2018).
- By year, Current Taxes came in at $11.83 million in FY2017 (+63.8%), $7.22 million in FY2016 (+37.7%), $5.24 million in FY2015 (-0.6%) and $5.28 million in FY2014 (+33.0%).
- The Q4 2018 figure ranks as the highest quarterly Current Taxes in data going back to Q4 2012.
- Year over year, Current Taxes has now increased in each of the last 12 quarters, with growth averaging 58.1% over the last eight quarters.
- The high point for year-over-year Current Taxes in five years was Q2 2018 (growth of 103.8%); the low point was Q3 2015 (a decline of 1.7%).
- Per Business Quant data, the three quarters before Q4 2018 came in at $16.96 million (Q3 2018), $16.09 million (Q2 2018) and $13.37 million (Q1 2018).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 100.80 Bn | 76.05 Bn | 6.00 Bn | 63.00 Mn |
| 2 | Atlassian | 57.55 Bn | 50.83 Bn | 1.53 Bn | - |
| 3 | Autodesk | 51.25 Bn | 39.29 Bn | 1.87 Bn | 63.00 Mn |
| 4 | Twilio | 39.57 Bn | 29.64 Bn | 725.87 Mn | - |
| 5 | Zoom Communications | 28.78 Bn | -2.01 Bn | 985.50 Mn | - |
| 6 | Figma | 12.13 Bn | 5.63 Bn | 309.61 Mn | - |
| 7 | Dropbox | 8.20 Bn | 3.83 Bn | 506.50 Mn | - |
| 8 | Nice | 7.25 Bn | 5.72 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.89 Bn | 6.39 Bn | 472.31 Mn | - |
| 10 | Open Text | 6.62 Bn | 2.05 Bn | 1.01 Bn | 71.55 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 |
API Access
RingCentral Current Taxes 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=current-taxes&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "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=current-taxes&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();