RingCentral (RNG) Deferred Taxes (2013 - 2020)
RingCentral (RNG) posted quarterly Deferred Taxes of -$393000.0 for Q4 2020, down 274.29% on a QoQ basis 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.
- Quarterly Deferred Taxes changed N/A year-over-year to -$393000.0 in Q4 2020, while the trailing twelve-month figure through Dec 2020 was -$660000.0 (down 120.56% YoY) and the FY2020 annual result came in at -$660000.0, down 120.56% from the prior year.
- Deferred Taxes slipped to -$393000.0 in Q4 2020 per RNG's latest filing, from -$105000.0 in the prior quarter.
- Over the last five years, Deferred Taxes for RNG reached as high as $3.2 million in Q1 2019 and fell as low as -$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.
- Annual changes were most pronounced in 2018 — Deferred Taxes sank 996.55% — and 2019, when it jumped 54183.33%.
- Year by year, Deferred Taxes stood at -$32000.0 in 2016, then advanced by 9.38% to -$29000.0 in 2017, then plunged by 996.55% to -$318000.0 in 2018, then surged by 88.99% to -$35000.0 in 2019, then sank by 1022.86% to -$393000.0 in 2020.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$393000.0, -$105000.0, and -$129000.0 for Q4 2020, Q3 2020, and Q2 2020 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 139.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 106.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | -36.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 54.30 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -6.56 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 73.13 Mn |
| 10 | RingCentral | 3.27 Bn | 3.15 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 |