RingCentral (RNG) Notes Payables (2020 - 2023)
RingCentral's (RNG) quarterly Notes Payables came in at $20.0 million in Q4 2023, down 46.02% quarter-over-quarter from $37.1 million in Q1 2021.
Analysis
RingCentral (RNG) Notes Payables (2020 - 2023) Analysis & Trends
RingCentral (RNG) has reported Notes Payables for 3 consecutive years, with $20.0 million the latest figure, recorded in Q4 2023.
- On a quarterly basis, Notes Payables changed N/A year-over-year to $20.0 million in Q4 2023; TTM through Dec 2023 was $20.0 million, a N/A change from a year earlier, with the FY2023 full-year figure at $20.0 million, changed N/A from the prior year.
- Notes Payables was $20.0 million for Q4 2023 at RingCentral, down from $37.1 million in the prior quarter.
- Over five years, Notes Payables peaked at $44.4 million in Q2 2020 and troughed at $14.2 million in Q3 2020.
- A 3-year average of $29.4 million and a median of $31.1 million in 2020 frame the typical range for Notes Payables.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 20.00 Mn |
| Mar 31, 2021 | 37.05 Mn |
| Dec 31, 2020 | 31.15 Mn |
| Sep 30, 2020 | 14.16 Mn |
| Jun 30, 2020 | 44.42 Mn |