RingCentral (RNG) Long-Term Investments (2019 - 2022)

RingCentral (RNG) has reported Long-Term Investments for 4 consecutive years, with $4.6 million the latest figure, recorded in Q4 2022.

• On a quarterly basis, Long-Term Investments fell 97.83% year-over-year to $4.6 million in Q4 2022; TTM through Dec 2022 was $4.6 million, a 97.83% decrease from a year earlier, with the FY2022 full-year figure at $4.6 million, down 97.83% from the prior year.
• Long-Term Investments was $4.6 million for Q4 2022 at RingCentral, down from $31.8 million in the prior quarter.
• Over five years, Long-Term Investments peaked at $270.7 million in Q1 2021 and troughed at $4.6 million in Q4 2022.
• A 4-year average of $155.4 million and a median of $163.8 million in 2022 frame the typical range for Long-Term Investments.
• Across the five-year window, Long-Term Investments surged 146.22% in 2021 and sank 97.83% in 2022, its largest moves.
• Over 4 years, Long-Term Investments stood at $132.2 million in 2019, then surged by 61.27% to $213.2 million in 2020, then slipped by 1.28% to $210.4 million in 2021, then slumped by 97.83% to $4.6 million in 2022.
• The last three Long-Term Investments figures came in at $4.6 million (Q4 2022), $31.8 million (Q3 2022), and $113.2 million (Q2 2022), per Business Quant data.