Ringcentral Debt to Equity Ratio 2011-2024 | RNG
Current and historical debt to equity ratio values for Ringcentral (RNG) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Ringcentral debt/equity for the three months ending June 30, 2024 was 0.00.
| Ringcentral Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2024-06-30 |
$2.36B |
$-0.53B |
-4.47 |
| 2024-03-31 |
$2.40B |
$-0.52B |
-4.59 |
| 2023-12-31 |
$2.45B |
$-0.50B |
-4.87 |
| 2023-09-30 |
$2.67B |
$-0.48B |
-5.51 |
| 2023-06-30 |
$2.43B |
$-0.47B |
-5.16 |
| 2023-03-31 |
$2.52B |
$-0.47B |
-5.34 |
| 2022-12-31 |
$2.56B |
$-0.48B |
-5.30 |
| 2022-09-30 |
$2.56B |
$-0.25B |
-10.46 |
| 2022-06-30 |
$2.56B |
$-0.04B |
-67.85 |
| 2022-03-31 |
$2.52B |
$0.05B |
51.64 |
| 2021-12-31 |
$2.24B |
$0.34B |
6.61 |
| 2021-09-30 |
$1.92B |
$0.05B |
42.43 |
| 2021-06-30 |
$1.88B |
$0.09B |
20.33 |
| 2021-03-31 |
$1.86B |
$0.21B |
8.71 |
| 2020-12-31 |
$1.88B |
$0.31B |
6.08 |
| 2020-09-30 |
$1.82B |
$0.30B |
6.11 |
| 2020-06-30 |
$1.42B |
$0.54B |
2.63 |
| 2020-03-31 |
$1.38B |
$0.49B |
2.82 |
| 2019-12-31 |
$0.71B |
$0.75B |
0.95 |
| 2019-09-30 |
$0.69B |
$0.37B |
1.87 |
| 2019-06-30 |
$0.66B |
$0.36B |
1.85 |
| 2019-03-31 |
$0.63B |
$0.33B |
1.92 |
| 2018-12-31 |
$0.58B |
$0.32B |
1.82 |
| 2018-09-30 |
$0.54B |
$0.30B |
1.81 |
| 2018-06-30 |
$0.52B |
$0.29B |
1.80 |
| 2018-03-31 |
$0.50B |
$0.28B |
1.81 |
| 2017-12-31 |
$0.13B |
$0.23B |
0.58 |
| 2017-09-30 |
$0.13B |
$0.16B |
0.79 |
| 2017-06-30 |
$0.12B |
$0.15B |
0.75 |
| 2017-03-31 |
$0.11B |
$0.13B |
0.84 |
| 2016-12-31 |
$0.12B |
$0.13B |
0.94 |
| 2016-09-30 |
$0.12B |
$0.12B |
0.96 |
| 2016-06-30 |
$0.11B |
$0.12B |
0.96 |
| 2016-03-31 |
$0.11B |
$0.11B |
0.99 |
| 2015-12-31 |
$0.11B |
$0.11B |
0.95 |
| 2015-09-30 |
$0.10B |
$0.10B |
1.01 |
| 2015-06-30 |
$0.10B |
$0.10B |
1.03 |
| 2015-03-31 |
$0.10B |
$0.09B |
1.04 |
| 2014-12-31 |
$0.09B |
$0.10B |
0.95 |
| 2014-09-30 |
$0.10B |
$0.10B |
0.96 |
| 2014-06-30 |
$0.09B |
$0.11B |
0.84 |
| 2014-03-31 |
$0.09B |
$0.11B |
0.80 |
| 2013-12-31 |
$0.08B |
$0.06B |
1.29 |
| 2013-09-30 |
$0.09B |
$-0.03B |
-3.40 |
| 2013-06-30 |
$0.00B |
$0.00B |
0.00 |
| 2013-03-31 |
$0.00B |
$0.00B |
0.00 |
| 2012-12-31 |
$0.00B |
|
0.00 |
| 2012-09-30 |
$0.00B |
$0.00B |
0.00 |
| 2011-12-31 |
$0.03B |
$0.00B |
17.84 |
| 2010-12-31 |
$0.00B |
$0.00B |
0.00 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Software & Services |
$3.443B |
$2.202B |
|
RingCentral is a leading provider of Unified Communications as a Service solutions including global enterprise cloud communications, collaboration, and customer engagement solutions that enable businesses to communicate, collaborate, and connect. The company's cloud-based business communications and collaboration solutions are designed to provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones. This makes remote-working and collaboration easy. RingCentral's solutions include unified voice, video, on-line meetings, team messaging, digital customer engagement, and contact center solutions. Undoubtedly, the company has been benefiting from the work-from-home wave following the coronavirus pandemic that has forced more and more people to stay home.
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