Ringcentral Inc (RNG) - Net Assets

Latest as of June 2026: $-610.36 Million USD

Based on the latest financial reports, Ringcentral Inc (RNG) has net assets worth $-610.36 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.38 Billion) and total liabilities ($1.99 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Ringcentral Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$-610.36 Million
% of Total Assets	-44.19%
Annual Growth Rate	N/A
5-Year Change	-273.5%
10-Year Change	-552.26%
Growth Volatility	25690.2

Ringcentral Inc - Net Assets Trend (2011–2025)

This chart illustrates how Ringcentral Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ringcentral Inc stock valuation.

Annual Net Assets for Ringcentral Inc (2011–2025)

The table below shows the annual net assets of Ringcentral Inc from 2011 to 2025. Also explore RNG net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	$-588.12 Million	-6.75%
2024-12-31	$-550.92 Million	-9.62%
2023-12-31	$-502.57 Million	-4.10%
2022-12-31	$-482.79 Million	-242.43%
2021-12-31	$338.97 Million	+8.56%
2020-12-31	$312.25 Million	-58.13%
2019-12-31	$745.70 Million	+134.79%
2018-12-31	$317.61 Million	+84.44%
2017-12-31	$172.20 Million	+32.42%
2016-12-31	$130.04 Million	+18.08%
2015-12-31	$110.13 Million	+14.12%
2014-12-31	$96.50 Million	+51.94%
2013-12-31	$63.52 Million	+89357.75%
2012-12-31	$71.00K	-95.11%
2011-12-31	$1.45 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ringcentral Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 166576600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	$9.00K	%
Other Comprehensive Income	$2.46 Million	%
Other Components	$1.12 Billion	%
Total Equity	$-588.12 Million	100.00%

Ringcentral Inc Competitors by Market Cap

The table below lists competitors of Ringcentral Inc ranked by their market capitalization.

Company	Market Cap
Tube Investments of India Limited NSE:TIINDIA	$5.28 Billion
Versant Media Group, Inc. NASDAQ:VSNTV	$5.29 Billion
Shanghai Baosight Software Co Ltd A SHG:600845	$5.29 Billion
Varonis Systems NASDAQ:VRNS	$5.29 Billion
Fertilizers and Chemicals Travancore Limited NSE:FACT	$5.28 Billion
Yantai Moon Co Ltd SHE:000811	$5.28 Billion
LYFT Inc NASDAQ:LYFT	$5.27 Billion
Fomento de Construcciones y Contratas SA MC:FCC	$5.27 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ringcentral Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -550,919,000 to -588,119,000, a change of -37,200,000.
Net income of 43,391,000 contributed positively to equity growth.
Share repurchases of 334,446,000 reduced equity.
Other comprehensive income increased equity by 11,339,000.
Other factors increased equity by 242,516,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$43.39 Million	+7.38%
Share Repurchases	$334.45 Million	-56.87%
Other Comprehensive Income	$11.34 Million	+1.93%
Other Changes	$242.52 Million	+41.24%
Total Change	$-	%

Book Value vs Market Value Analysis

This analysis compares Ringcentral Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	$0.03	$72.43	x
2012-12-31	$0.00	$72.43	x
2013-12-31	$1.03	$72.43	x
2014-12-31	$1.44	$72.43	x
2015-12-31	$1.57	$72.43	x
2016-12-31	$1.78	$72.43	x
2017-12-31	$2.26	$72.43	x
2018-12-31	$4.00	$72.43	x
2019-12-31	$8.97	$72.43	x
2020-12-31	$3.52	$72.43	x
2021-12-31	$3.69	$72.43	x
2022-12-31	$-5.07	$72.43	x
2023-12-31	$-5.30	$72.43	x
2024-12-31	$-5.98	$72.43	x
2025-12-31	$-6.69	$72.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ringcentral Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.73%
• Asset Turnover: 1.70x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-3409.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-957.51%	-17.63%	2.88x	18.84x	$-14.05 Million
2012	-49845.07%	-30.90%	1.81x	892.31x	$-35.40 Million
2013	-72.58%	-28.72%	1.11x	2.29x	$-52.45 Million
2014	-50.09%	-21.98%	1.17x	1.95x	$-57.99 Million
2015	-29.15%	-10.84%	1.38x	1.95x	$-43.11 Million
2016	-22.54%	-7.72%	1.50x	1.94x	$-42.31 Million
2017	-15.18%	-5.21%	1.64x	1.77x	$-43.36 Million
2018	-8.25%	-3.89%	0.75x	2.82x	$-57.96 Million
2019	-7.19%	-5.94%	0.62x	1.95x	$-128.18 Million
2020	-26.58%	-7.01%	0.54x	7.00x	$-114.22 Million
2021	-111.00%	-23.59%	0.62x	7.61x	$-410.15 Million
2022	0.00%	-44.22%	0.96x	0.00x	$-830.89 Million
2023	0.00%	-7.50%	1.13x	0.00x	$-114.98 Million
2024	0.00%	-2.43%	1.35x	0.00x	$-3.20 Million
2025	0.00%	1.73%	1.70x	0.00x	$102.20 Million

Industry Comparison

This section compares Ringcentral Inc's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $790,622,820
Average return on equity (ROE) among peers: 12.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ringcentral Inc (RNG)	$-610.36 Million	-957.51%	N/A	$5.28 Billion
Adobe Systems Incorporated (ADBE)	$58.80 Million	57.31%	0.60x	$102.46 Billion
ADEIA CORP (ADEA)	$134.98 Million	43.76%	0.03x	$2.75 Billion
Automatic Data Processing Inc (ADP)	$6.67 Billion	22.73%	3.81x	$107.69 Billion
Autodesk Inc (ADSK)	$791.30 Million	41.56%	0.72x	$48.02 Billion
AudioEye Inc (AEYE)	$-2.09 Million	0.00%	0.00x	$71.03 Million
Agilysys Inc (AGYS)	$114.44 Million	-19.91%	0.78x	$2.95 Billion
BlockchAIn Digital Infrastructure, Inc (AIB)	$7.86 Million	-10.63%	1.20x	$43.69 Million
Firefly Neuroscience, Inc. (AIFF)	$-3.01 Million	0.00%	0.00x	$14.92 Million
PowerFleet, Inc. (AIOT)	$140.39 Million	-4.99%	0.55x	$397.31 Million
XIAO-I Corporation American Depositary Shares (AIXI)	$-6.63 Million	0.00%	0.00x	$8.14 Million

About Ringcentral Inc

NYSE:RNG USA Software - Application

Market Cap

$5.37 Billion

Market Cap Rank

#3441 Global

#1212 in USA

Share Price

$72.43

Change (1 day)

+0.15%

52-Week Range

$24.82 - $76.36

All Time High

$443.29