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.

• 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.
• Over the last five years, Long-Term Investments for RNG reached as high as $270.7 million in Q1 2021 and fell as low as $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.
• Annual changes were most pronounced in 2021 — Long-Term Investments surged 146.22% — and 2022, when it plunged 97.83%.
• Year by year, Long-Term Investments 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.
• According to Business Quant data, Long-Term Investments over the past three periods registered $4.6 million, $31.8 million, and $113.2 million for Q4 2022, Q3 2022, and Q2 2022 respectively.