RingCentral (RNG) Gains from Investment Securities (2019 - 2023)
RingCentral's Gains from Investment Securities was -$140,000 in Q4 2023, compared with $27.27 million a year earlier.
Analysis
RingCentral (RNG) Gains from Investment Securities (2019 - 2023) Analysis & Trends
For FY2023, Gains from Investment Securities at RingCentral came in at $1.51 million, down 99.3% from FY2022.
- Gains from Investment Securities shows a four-year compound annual growth rate of -18.2% (FY2019 to FY2023).
- In earlier years, Gains from Investment Securities was $203.48 million in FY2022, $14.61 million in FY2021, -$80.99 million in FY2020 and $3.37 million in FY2019.
- The Q4 2023 figure marks the lowest quarterly Gains from Investment Securities since Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 92.94 Bn | 68.19 Bn | 6.00 Bn |
| 2 | Atlassian | 48.88 Bn | 42.16 Bn | 1.53 Bn |
| 3 | Twilio | 45.24 Bn | 35.23 Bn | 725.87 Mn |
| 4 | Autodesk | 44.31 Bn | 32.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 27.15 Bn | -3.64 Bn | 985.50 Mn |
| 6 | Figma | 11.33 Bn | 4.84 Bn | 309.61 Mn |
| 7 | Dropbox | 7.45 Bn | 3.08 Bn | 506.50 Mn |
| 8 | Nice | 6.88 Bn | 5.35 Bn | 995.81 Mn |
| 9 | RingCentral | 6.55 Bn | 6.05 Bn | 472.31 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn |
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 |
API Access
RingCentral Gains from Investment Securities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-investment-securities&ticker=RNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-investment-securities", "ticker": "RNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-investment-securities&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();