RingCentral (RNG) Notes Payables (2020 - 2023)

RingCentral (RNG) posted quarterly Notes Payables of $20.0 million for Q4 2023, down 46.02% quarter-over-quarter from $37.1 million in Q1 2021.

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.

  • In Q4 2023, Notes Payables changed N/A year-over-year to $20.0 million; the TTM figure through Dec 2023 stood at $20.0 million (changed N/A YoY), while the FY2023 annual figure was $20.0 million, changed N/A from the prior year.
  • Notes Payables retreated to $20.0 million in Q4 2023 per RNG's latest filing, from $37.1 million in the prior quarter.
  • Across five years, Notes Payables topped out at $44.4 million in Q2 2020 and bottomed at $14.2 million in Q3 2020.
  • Historically, Notes Payables has averaged $29.4 million across 3 years, with a median of $31.1 million in 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
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
10 RingCentral 5.40 Bn 5.29 Bn 472.31 Mn

Historic Data

Download Data
DateValue
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