RingCentral (RNG) Current Taxes (2012 - 2018)
RingCentral (RNG) reported Current Taxes of $19.6 million for Q4 2018, up 65.78% year-over-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) has 7 years of Current Taxes data on file, last reported at $19.6 million 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.
- Across five years, Current Taxes topped out at $19.6 million in Q4 2018 and bottomed at $4.6 million in Q1 2014.
- The 5-year median for Current Taxes is $7.2 million (2016), against an average of $8.8 million.
- The widest annual swing landed in 2015, when Current Taxes fell 1.68%; it then jumped 103.77% in 2018.
- Tracing RNG's Current Taxes over 5 years: 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.
- Per Business Quant, the three latest RNG Current Taxes figures stand at $19.6 million (Q4 2018), $17.0 million (Q3 2018), and $16.1 million (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 1.50 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 506.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 372.20 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | RingCentral | 3.69 Bn | 3.57 Bn | 464.77 Mn | - |
Historic Data
Download 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 |
| Dec 31, 2013 | 3.97 Mn |
| Sep 30, 2013 | 4.40 Mn |
| Dec 31, 2012 | 4.58 Mn |