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| 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 |