RingCentral (RNG) Long-Term Investments (2019 - 2022)
RingCentral (RNG) posted quarterly 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% quarter-over-quarter from $31.8 million in Q3 2022.
RingCentral (RNG) Long-Term Investments (2019 - 2022) Analysis & Trends
RingCentral (RNG) has reported Long-Term Investments for 4 consecutive years, with $4.6 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Long-Term Investments fell 97.83% year-over-year to $4.6 million; the TTM figure through Dec 2022 stood at $4.6 million (down 97.83% YoY), while the FY2022 annual figure was $4.6 million, down 97.83% from the prior year.
- Long-Term Investments declined 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.
- Historically, Long-Term Investments has averaged $155.4 million across 4 years, with a median of $163.8 million in 2022.
- Annual changes were most pronounced in 2021 — Long-Term Investments soared 146.22% — and 2022, when it plunged 97.83%.
- RingCentral's Long-Term Investments stood at $132.2 million in 2019, then jumped by 61.27% to $213.2 million in 2020, then declined by 1.28% to $210.4 million in 2021, then slumped by 97.83% to $4.6 million in 2022.
- Business Quant data shows RNG's Long-Term Investments at $4.6 million in Q4 2022, $31.8 million in Q3 2022, and $113.2 million in Q2 2022.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 559.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 7.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.77 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.43 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 176.00 Mn |
| 10 | RingCentral | 5.40 Bn | 5.29 Bn | 472.31 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 |