RingCentral (RNG) Gains from Investment Securities (2015 - 2023)
RingCentral's (RNG) quarterly Gains from Investment Securities came in at -$140000.0 in Q4 2023, down 100.51% year-over-year from $27.3 million in Q4 2022, and down 108.51% quarter-over-quarter from $1.6 million in Q1 2023.
Analysis
RingCentral (RNG) Gains from Investment Securities (2015 - 2023) Analysis & Trends
RingCentral (RNG) has reported Gains from Investment Securities for 7 consecutive years, with -$140000.0 the latest figure, recorded in Q4 2023.
- On a quarterly basis, Gains from Investment Securities fell 100.51% year-over-year to -$140000.0 in Q4 2023; TTM through Sep 2024 was -$140000.0, a 100.48% decrease from a year earlier, with the FY2023 full-year figure at $1.5 million, down 99.26% from the prior year.
- Gains from Investment Securities was -$140000.0 for Q4 2023 at RingCentral, down from $1.6 million in the prior quarter.
- Over five years, Gains from Investment Securities peaked at $78.2 million in Q3 2022 and troughed at -$57.5 million in Q1 2021.
- A 5-year average of $9.5 million and a median of $3.4 million in 2019 frame the typical range for Gains from Investment Securities.
- Across the five-year window, Gains from Investment Securities sank 1273.49% in 2020 and surged 10188.68% in 2022, its largest moves.
- Over 5 years, Gains from Investment Securities stood at $3.4 million in 2019, then slumped by 1273.49% to -$39.5 million in 2020, then surged by 100.67% to $265000.0 in 2021, then surged by 10188.68% to $27.3 million in 2022, then sank by 100.51% to -$140000.0 in 2023.
- The last three Gains from Investment Securities figures came in at -$140000.0 (Q4 2023), $1.6 million (Q1 2023), and $27.3 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn |
| 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, 2023 | -140,000.00 |
| Mar 31, 2023 | 1.65 Mn |
| Dec 31, 2022 | 27.27 Mn |
| Sep 30, 2022 | 78.17 Mn |
| Jun 30, 2022 | 50.66 Mn |
| Mar 31, 2022 | 47.38 Mn |
| Dec 31, 2021 | 265,000.00 |
| Sep 30, 2021 | 48.71 Mn |
| Jun 30, 2021 | 23.16 Mn |
| Mar 31, 2021 | -57.52 Mn |
| Dec 31, 2020 | -39.54 Mn |
| Sep 30, 2020 | -24.30 Mn |
| Jun 30, 2020 | -39.40 Mn |
| Mar 31, 2020 | 22.25 Mn |
| Dec 31, 2019 | 3.37 Mn |
| Dec 31, 2016 | 165,000.00 |
| Sep 30, 2016 | 742,000.00 |
| Dec 31, 2015 | 528,000.00 |
| Sep 30, 2015 | 235,000.00 |