Ringcentral Historical Income Statement
| RNG Stock | USD 36.91 2.04 5.85% |
Historical analysis of Ringcentral income statement accounts such as Total Revenue of 2.3 B, Gross Profit of 1.6 B, Other Operating Expenses of 2.5 B or Research Development of 352.6 M can show how well Ringcentral performed in making a profits. Evaluating Ringcentral income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ringcentral's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ringcentral latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ringcentral is a good buy for the upcoming year.
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About Ringcentral Income Statement Analysis
Ringcentral Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ringcentral shareholders. The income statement also shows Ringcentral investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ringcentral Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ringcentral generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ringcentral minus its cost of goods sold. It is profit before Ringcentral operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Ringcentral's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ringcentral current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.At this time, Ringcentral's Selling General Administrative is most likely to increase significantly in the upcoming years. The Ringcentral's current Selling And Marketing Expenses is estimated to increase to about 1.1 B, while EBIT is projected to decrease to (105.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 64.4M | 4.8M | 36.0M | 37.8M | Depreciation And Amortization | 143.3M | 266.5M | 233.9M | 245.6M |
Ringcentral income statement Correlations
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Ringcentral income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 37.9M | 91.3M | 143.3M | 266.5M | 233.9M | 245.6M | |
| Interest Expense | 20.5M | 49.3M | 64.4M | 4.8M | 36.0M | 37.8M | |
| Selling General Administrative | 142.0M | 200.0M | 284.3M | 292.9M | 333.0M | 349.7M | |
| Selling And Marketing Expenses | 439.1M | 583.8M | 854.2M | 1.1B | 1.1B | 1.1B | |
| Total Revenue | 902.9M | 1.2B | 1.6B | 2.0B | 2.2B | 2.3B | |
| Gross Profit | 671.8M | 860.1M | 1.1B | 1.3B | 1.5B | 1.6B | |
| Other Operating Expenses | 948.5M | 1.3B | 1.9B | 2.4B | 2.4B | 2.5B | |
| Operating Income | (36.4M) | (32.8M) | (301.8M) | (365.8M) | (198.8M) | (188.9M) | |
| Ebit | (36.4M) | (32.8M) | (309.3M) | (915.9M) | (100.4M) | (105.4M) | |
| Research Development | 136.4M | 189.5M | 309.7M | 362.3M | 335.9M | 352.6M | |
| Ebitda | 1.4M | 58.5M | (166.0M) | (649.5M) | 133.6M | 140.2M | |
| Cost Of Revenue | 231.0M | 323.6M | 448.4M | 641.7M | 664.3M | 697.5M | |
| Total Operating Expenses | 717.5M | 973.3M | 1.4B | 1.7B | 1.7B | 1.8B | |
| Income Before Tax | (56.9M) | (82.1M) | (373.7M) | (874.1M) | (156.8M) | (164.7M) | |
| Total Other Income Expense Net | (20.5M) | 31.2M | (71.9M) | (224.6M) | 42.0M | 44.1M | |
| Net Income | (53.6M) | (83.0M) | (376.3M) | (879.2M) | (165.2M) | (173.5M) | |
| Income Tax Expense | (3.3M) | 934K | 2.5M | 5.1M | 8.4M | 8.8M | |
| Net Income From Continuing Ops | (53.6M) | (83.0M) | (376.3M) | (879.2M) | (402.1M) | (382.0M) | |
| Non Operating Income Net Other | 9.2M | 80.5M | (7.6M) | (219.8M) | (197.8M) | (187.9M) | |
| Net Income Applicable To Common Shares | (53.6M) | (83.0M) | (376.3M) | (879.2M) | (791.2M) | (751.7M) | |
| Tax Provision | (3.3M) | 934K | 2.5M | 5.1M | 8.5M | 8.9M | |
| Interest Income | 13.9M | 49.3M | 64.4M | 4.8M | 5.5M | 5.3M | |
| Net Interest Income | (20.5M) | (49.3M) | (64.4M) | (4.8M) | (20.7M) | (21.7M) | |
| Reconciled Depreciation | 37.9M | 75.6M | 125.3M | 246.6M | 237.1M | 119.7M |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.