RingCentral (RNG) Notes Payables (2020 - 2023)
RingCentral (RNG) posted quarterly Notes Payables of $20.0 million for Q4 2023, down 46.02% on a QoQ basis 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.
- Quarterly Notes Payables changed N/A year-over-year to $20.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $20.0 million (changed N/A YoY) and the FY2023 annual result came in at $20.0 million, changed N/A from the prior year.
- Notes Payables declined to $20.0 million in Q4 2023 per RNG's latest filing, from $37.1 million in the prior quarter.
- Over the last five years, Notes Payables for RNG reached as high as $44.4 million in Q2 2020 and fell as low as $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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | RingCentral | 3.27 Bn | 3.15 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 |