RingCentral
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has RingCentral's balance sheet done over the years? Its assets were worth $1,944,913,000 last year, which is less than in the previous period. 126% of RingCentral’s total assets is currently financed by debt. Its liabilities reached the amount of $2,447,482,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2014 | 188337000 | 91.83M | 48.76% |
|---|---|---|---|
| 2015 | 214813000 | 104.68M | 48.73% |
| 2016 | 252629000 | 122.58M | 48.52% |
| 2017 | 305168000 | 132.96M | 43.57% |
| 2018 | 894326000 | 576.71M | 64.49% |
| 2019 | 1450747000 | 705.04M | 48.6% |
| 2020 | 2184597000 | 1.87B | 85.71% |
| 2021 | 2579039000 | 2.04B | 79.12% |
| 2022 | 2073662000 | 2.55B | 123.28% |
| 2023 | 1944913000 | 2.44B | 125.84% |
RNG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 222.19M | 269.98M | 267.16M | 639.85M | 343.60M | 566.32M | 181.19M | 160.35M | 137.58M | 113.18M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.47M |
Net receivables | 364.43M | 311.31M | 232.84M | 176.03M | 129.99M | 94.37M | 46.69M | 30.24M | 19.16M | 7.65M |
Inventory | 1.49M | 1.20M | 5.65M | 551K | 401K | 199K | 198K | 63K | 2.31M | 1.71M |
Other current assets | 260.52M | 55.84M | 48.16M | 46.51M | 25.35M | 23.77M | 36.73M | 15.25M | 23.95M | 17.53M |
Total current assets | 848.64M | 796.01M | 650.74M | 926.12M | 535.53M | 707.51M | 248.04M | 205.91M | 171.04M | 159.78M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 227.37M | 220.83M | 214.20M | 193.32M | 128.49M | 70.20M | 43.29M | 31.99M | 28.16M | 25.52M |
Goodwill | 67.37M | 54.33M | 55.49M | 57.31M | 55.27M | 31.23M | 9.39M | 9.39M | 9.39M | 0 |
Intangible assets | 393.76M | 528.05M | 716.60M | 118.31M | 127.33M | 19.48M | 1.46M | 2.24M | 3.26M | 1.7M |
Long term investments | 0 | 4.55M | 210.44M | 213.17M | 132.18M | 0 | 0 | 0 | 530K | 630K |
Other non-current assets | 407.74M | 469.86M | 8.10M | 8.56M | 9.56M | 65.88M | 2.97M | 3.08M | 2.94M | 3.02M |
Total non-current assets | 1.09B | 1.27B | 1.92B | 1.25B | 915.20M | 186.81M | 57.12M | 46.71M | 43.76M | 28.54M |
Total assets | 1.94B | 2.07B | 2.57B | 2.18B | 1.45B | 894.32M | 305.16M | 252.62M | 214.81M | 188.33M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 233.61M | 209.72M | 176.45M | 142.22M | 107.37M | 88.52M | 64.41M | 45.15M | 36.65M | 25.58M |
Short term debt | 36.70M | 17.51M | 18.68M | 31.14M | 14.24M | 0 | 0 | 14.70M | 4.28M | 17.78M |
Total current liabilities | 632.54M | 652.55M | 526.27M | 438.06M | 280.71M | 199.35M | 126.71M | 116M | 80.57M | 76.27M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.55B | 1.65B | 1.43B | 1.41B | 415.40M | 366.55M | 0 | 312K | 15.02M | 8.34M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 255.25M | 245.29M | 84.05M | 20.24M | 8.92M | 10.80M | 6.25M | 6.27M | 9.08M | 7.20M |
Total non-current liabilities | 1.81B | 1.90B | 1.51B | 1.43B | 424.33M | 377.35M | 6.25M | 6.58M | 24.10M | 15.55M |
Total liabilities | 2.44B | 2.55B | 2.04B | 1.87B | 705.04M | 576.71M | 132.96M | 122.58M | 104.68M | 91.83M |
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