RingCentral (RNG) Gains from Investment Securities (2015 - 2023)

RingCentral (RNG) posted quarterly Gains from Investment Securities of -$140000.0 for Q4 2023, down 100.51% year-on-year from $27.3 million in Q4 2022, and down 108.51% on a QoQ basis from $1.6 million in Q1 2023.

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.

  • Quarterly Gains from Investment Securities fell 100.51% year-over-year to -$140000.0 in Q4 2023, while the trailing twelve-month figure through Sep 2024 was -$140000.0 (down 100.48% YoY) and the FY2023 annual result came in at $1.5 million, down 99.26% from the prior year.
  • Gains from Investment Securities declined to -$140000.0 in Q4 2023 per RNG's latest filing, from $1.6 million in the prior quarter.
  • Over the last five years, Gains from Investment Securities for RNG reached as high as $78.2 million in Q3 2022 and fell as low as -$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.
  • Annual changes were most pronounced in 2020 — Gains from Investment Securities plunged 1273.49% — and 2022, when it surged 10188.68%.
  • Year by year, Gains from Investment Securities stood at $3.4 million in 2019, then tumbled by 1273.49% to -$39.5 million in 2020, then jumped by 100.67% to $265000.0 in 2021, then jumped by 10188.68% to $27.3 million in 2022, then slumped by 100.51% to -$140000.0 in 2023.
  • According to Business Quant data, Gains from Investment Securities over the past three periods registered -$140000.0, $1.6 million, and $27.3 million for Q4 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn
10 RingCentral 4.51 Bn 4.40 Bn 472.31 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 -140,000.00
Dec 31, 2023 -140,000.00
Mar 31, 2023 1.65 Mn
Mar 31, 2023 1.65 Mn
Dec 31, 2022 27.27 Mn
Dec 31, 2022 27.27 Mn
Sep 30, 2022 78.17 Mn
Sep 30, 2022 78.17 Mn
Jun 30, 2022 50.66 Mn
Jun 30, 2022 50.66 Mn
Mar 31, 2022 47.38 Mn
Mar 31, 2022 47.38 Mn
Dec 31, 2021 265,000.00
Dec 31, 2021 265,000.00
Sep 30, 2021 48.71 Mn
Sep 30, 2021 48.71 Mn
Jun 30, 2021 23.16 Mn
Jun 30, 2021 23.16 Mn
Mar 31, 2021 -57.52 Mn
Mar 31, 2021 -57.52 Mn