Ringcentral Net Worth
Ringcentral Net Worth Breakdown | RNG |
Ringcentral Net Worth Analysis
Ringcentral's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Ringcentral's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Ringcentral's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Ringcentral's net worth analysis. One common approach is to calculate Ringcentral's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Ringcentral's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Ringcentral's net worth. This approach calculates the present value of Ringcentral's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Ringcentral's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Ringcentral's net worth. This involves comparing Ringcentral's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Ringcentral's net worth relative to its peers.
Enterprise Value |
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To determine if Ringcentral is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ringcentral's net worth research are outlined below:
| The company reported the last year's revenue of 2.2 B. Reported Net Loss for the year was (165.24 M) with profit before taxes, overhead, and interest of 1.66 B. | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Fortune 500 Giants Switch to RingCentrals New AI-Enhanced Events Platform - StockTitan |
Ringcentral uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ringcentral. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ringcentral's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Ringcentral's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ringcentral is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ringcentral backward and forwards among themselves. Ringcentral's institutional investor refers to the entity that pools money to purchase Ringcentral's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Renaissance Technologies Corp | 2024-09-30 | 1.6 M | First Trust Advisors L.p. | 2024-09-30 | 1.5 M | Fmr Inc | 2024-09-30 | 1.4 M | Aqr Capital Management Llc | 2024-09-30 | 1.3 M | Geode Capital Management, Llc | 2024-09-30 | 1.3 M | Norges Bank | 2024-06-30 | 1 M | Jupiter Asset Management Limited | 2024-09-30 | 1 M | Maple Rock Capital Partners, Inc. | 2024-09-30 | 996 K | Charles Schwab Investment Management Inc | 2024-09-30 | 822.1 K | Vanguard Group Inc | 2024-09-30 | 11.7 M | Capital World Investors | 2024-09-30 | 10.1 M |
Follow Ringcentral's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.2 B.Market Cap |
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Project Ringcentral's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.11) | |
| Return On Capital Employed | (0.15) | (0.14) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | 0.30 | 0.31 |
When accessing Ringcentral's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Ringcentral's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ringcentral's profitability and make more informed investment decisions.
Evaluate Ringcentral's management efficiency
Ringcentral has Return on Asset of (0.0114) % which means that on every $100 spent on assets, it lost $0.0114. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.8933) %, meaning that it generated no profit with money invested by stockholders. Ringcentral's management efficiency ratios could be used to measure how well Ringcentral manages its routine affairs as well as how well it operates its assets and liabilities. The Ringcentral's current Return On Equity is estimated to increase to 0.31, while Return On Tangible Assets are projected to decrease to (0.11). At this time, Ringcentral's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Ringcentral's current Other Current Assets is estimated to increase to about 314.6 M, while Net Tangible Assets are forecasted to increase to (242.3 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (6.09) | (5.78) | |
| Tangible Book Value Per Share | (11.68) | (11.09) | |
| Enterprise Value Over EBITDA | 30.93 | 29.39 | |
| Price Book Value Ratio | (7.37) | (7.00) | |
| Enterprise Value Multiple | 30.93 | 29.39 | |
| Price Fair Value | (7.37) | (7.00) | |
| Enterprise Value | 12.7 B | 13.3 B |
Leadership effectiveness at Ringcentral is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 1.932 | Revenue | Quarterly Revenue Growth 0.091 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ringcentral insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ringcentral's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ringcentral insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ringcentral Corporate Filings
F3 | 3rd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 17th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 9th of December 2024 Other Reports | ViewVerify | |
13A | 21st of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Ringcentral Earnings per Share Projection vs Actual
Ringcentral Corporate Directors
| Michelle McKenna | Independent Directors | Profile | |
| Robert Theis | Lead Independent Director | Profile | |
| Godfrey Sullivan | Independent Director | Profile | |
| Arne Duncan | Independent Director | Profile |
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 | Quarterly Revenue Growth 0.091 | Return On Assets | Return On Equity |
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.