RingCentral (RNG) Deferred Taxes (2013 - 2020)
RingCentral's (RNG) quarterly Deferred Taxes came in at -$393000.0 in Q4 2020, down 274.29% quarter-over-quarter from -$105000.0 in Q3 2020.
Analysis
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.
- On a quarterly basis, Deferred Taxes changed N/A year-over-year to -$393000.0 in Q4 2020; TTM through Dec 2020 was -$660000.0, a 120.56% decrease from a year earlier, with the FY2020 full-year figure at -$660000.0, down 120.56% from the prior year.
- Deferred Taxes was -$393000.0 for Q4 2020 at RingCentral, down from -$105000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $3.2 million in Q1 2019 and troughed at -$393000.0 in Q4 2020.
- A 5-year average of $135250.0 and a median of -$19500.0 in 2017 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes slumped 996.55% in 2018 and jumped 54183.33% in 2019, its largest moves.
- Over 5 years, Deferred Taxes stood at -$32000.0 in 2016, then climbed by 9.38% to -$29000.0 in 2017, then tumbled by 996.55% to -$318000.0 in 2018, then soared by 88.99% to -$35000.0 in 2019, then plunged by 1022.86% to -$393000.0 in 2020.
- The last three Deferred Taxes figures came in at -$393000.0 (Q4 2020), -$105000.0 (Q3 2020), and -$129000.0 (Q2 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred 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 | -67.61 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 | -2.99 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 249,000.00 |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | - |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | - |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic 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 |