RingCentral (RNG) Long-Term Investments (2019 - 2022)
RingCentral (RNG) reported Long-Term Investments of $4.6 million for Q4 2022, down 97.83% year-over-year from $210.4 million in Q4 2021, and down 85.67% on a QoQ basis from $31.8 million in Q3 2022.
RingCentral (RNG) has 4 years of Long-Term Investments data on file, last reported at $4.6 million in Q4 2022.
- Quarterly Long-Term Investments fell 97.83% year-over-year to $4.6 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $4.6 million (down 97.83% YoY) and the FY2022 annual result came in at $4.6 million, down 97.83% from the prior year.
- Long-Term Investments slipped to $4.6 million in Q4 2022 per RNG's latest filing, from $31.8 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $270.7 million in Q1 2021 and bottomed at $4.6 million in Q4 2022.
- The 4-year median for Long-Term Investments is $163.8 million (2022), against an average of $155.4 million.
- The widest annual swing landed in 2021, when Long-Term Investments jumped 146.22%; it then slumped 97.83% in 2022.
- Tracing RNG's Long-Term Investments over 4 years: stood at $132.2 million in 2019, then jumped by 61.27% to $213.2 million in 2020, then decreased by 1.28% to $210.4 million in 2021, then tumbled by 97.83% to $4.6 million in 2022.
- Per Business Quant, the three latest RNG Long-Term Investments figures stand at $4.6 million (Q4 2022), $31.8 million (Q3 2022), and $113.2 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 7.59 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 268.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 708.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.74 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 176.00 Mn |
| 10 | RingCentral | 3.69 Bn | 3.57 Bn | 464.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 4.56 Mn |
| Sep 30, 2022 | 31.82 Mn |
| Jun 30, 2022 | 113.22 Mn |
| Mar 31, 2022 | 163.81 Mn |
| Dec 31, 2021 | 210.45 Mn |
| Sep 30, 2021 | 199.66 Mn |
| Jun 30, 2021 | 247.86 Mn |
| Mar 31, 2021 | 270.70 Mn |
| Dec 31, 2020 | 213.18 Mn |
| Sep 30, 2020 | 173.64 Mn |
| Jun 30, 2020 | 149.34 Mn |
| Mar 31, 2020 | 109.94 Mn |
| Dec 31, 2019 | 132.19 Mn |