RingCentral (RNG) Deferred Taxes (2013 - 2020)
RingCentral (RNG) posted quarterly Deferred Taxes of -$393000.0 for Q4 2020, down 274.29% quarter-over-quarter from -$105000.0 in Q3 2020.
RingCentral (RNG) Deferred Taxes (2013 - 2020) Analysis & Trends
RingCentral (RNG) has reported Deferred Taxes for 8 consecutive years, with -$393000.0 the latest figure, recorded in Q4 2020.
- In Q4 2020, Deferred Taxes changed N/A year-over-year to -$393000.0; the TTM figure through Dec 2020 stood at -$660000.0 (down 120.56% YoY), while the FY2020 annual figure was -$660000.0, down 120.56% from the prior year.
- Deferred Taxes declined to -$393000.0 in Q4 2020 per RNG's latest filing, from -$105000.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $3.2 million in Q1 2019 and bottomed at -$393000.0 in Q4 2020.
- Historically, Deferred Taxes has averaged $135250.0 across 5 years, with a median of -$19500.0 in 2017.
- Annual changes were most pronounced in 2018 — Deferred Taxes sank 996.55% — and 2019, when it surged 54183.33%.
- RingCentral's Deferred Taxes stood at -$32000.0 in 2016, then increased by 9.38% to -$29000.0 in 2017, then tumbled by 996.55% to -$318000.0 in 2018, then surged by 88.99% to -$35000.0 in 2019, then plunged by 1022.86% to -$393000.0 in 2020.
- Business Quant data shows RNG's Deferred Taxes at -$393000.0 in Q4 2020, -$105000.0 in Q3 2020, and -$129000.0 in Q2 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | -165.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 665.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | -36.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.56 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -17.00 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 47.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.01 Bn |
| 10 | RingCentral | 5.40 Bn | 5.29 Bn | 472.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -393,000.00 |
| Sep 30, 2020 | -105,000.00 |
| Jun 30, 2020 | -129,000.00 |
| Mar 31, 2020 | -33,000.00 |
| Jun 30, 2019 | -35,000.00 |
| Mar 31, 2019 | 3.25 Mn |
| Dec 31, 2018 | -318,000.00 |
| Sep 30, 2018 | 4,000.00 |
| Jun 30, 2018 | 17,000.00 |
| Mar 31, 2018 | -6,000.00 |
| Dec 31, 2017 | -29,000.00 |
| Sep 30, 2017 | -6,000.00 |
| Jun 30, 2017 | -10,000.00 |
| Mar 31, 2017 | -2,000.00 |
| Dec 31, 2016 | -32,000.00 |
| Mar 31, 2016 | -4,000.00 |
| Dec 31, 2015 | -13,000.00 |
| Sep 30, 2015 | -7,000.00 |
| Jun 30, 2015 | -2,000.00 |
| Mar 31, 2015 | 14,000.00 |