Ringcentral Other Current Liab from 2010 to 2024

RNG Stock  USD 38.99  2.08  5.64%   
Ringcentral's Other Current Liabilities is increasing over the last several years with slightly volatile swings. Other Current Liabilities is estimated to finish at about 278.4 M this year. During the period from 2010 to 2024 Ringcentral Other Current Liabilities regressed destribution of quarterly values had coefficient of variationof  97.45 and r-value of  0.93. View All Fundamentals
 
Other Current Liabilities  
First Reported
2011-12-31
Previous Quarter
214.8 M
Current Value
229.2 M
Quarterly Volatility
108.4 M
 
Yuan Drop
 
Covid
Check Ringcentral financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ringcentral's main balance sheet or income statement drivers, such as Depreciation And Amortization of 245.6 M, Interest Expense of 37.8 M or Selling General Administrative of 349.7 M, as well as many indicators such as Price To Sales Ratio of 1.39, Dividend Yield of 0.0 or Days Sales Outstanding of 63.42. Ringcentral financial statements analysis is a perfect complement when working with Ringcentral Valuation or Volatility modules.
  
Check out the analysis of Ringcentral Correlation against competitors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.

Latest Ringcentral's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Ringcentral over the last few years. It is Ringcentral's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ringcentral's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Ringcentral Other Current Liab Regression Statistics

Arithmetic Mean113,897,563
Geometric Mean60,125,573
Coefficient Of Variation97.45
Mean Deviation93,746,409
Median54,977,000
Standard Deviation110,993,084
Sample Variance12319.5T
Range318.8M
R-Value0.93
Mean Square Error1832.2T
R-Squared0.86
Slope23,041,404
Total Sum of Squares172472.5T

Ringcentral Other Current Liab History

2024278.4 M
2023265.1 M
2022324.8 M
2021230.6 M
2020163.1 M
2019124.5 M
2018100.7 M

About Ringcentral Financial Statements

Ringcentral stakeholders use historical fundamental indicators, such as Ringcentral's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Ringcentral investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ringcentral's assets and liabilities are reflected in the revenues and expenses on Ringcentral's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ringcentral. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities265.1 M278.4 M

Currently Active Assets on Macroaxis

When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:
Check out the analysis of Ringcentral Correlation against competitors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.05)
Revenue Per Share
25.361
Quarterly Revenue Growth
0.091
Return On Assets
(0.01)
Return On Equity
(6.89)
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.