Ringcentral Inc Tangible Net Worth Ratio
Ringcentral Inc tangible net worth ratio. Ringcentral Inc (RNG) has a Tangible Net Worth Ratio of -288.6% as of June 2022. This metric is calculated by deducting intangible assets ($628.56 Million) from net assets ($161.76 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Ringcentral Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Ringcentral Inc (2011–2021)
Tangible net worth ratio of Ringcentral Inc from 2011 to 2021. This chart shows how Ringcentral Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2021. As of June 2022, the ratio stands at -288.6%, reflecting net assets of $161.76 Million with intangible assets of $628.56 Million USD. See RNG working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Ringcentral Inc Tangible Net Worth Ratio by Year (2011–2021)
Ringcentral Inc tangible net worth ratio by year from 2011 to 2021. The table below presents the year-by-year Tangible Net Worth Ratio for Ringcentral Inc from 2011 to 2021, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see RNG stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -111.4% | $338.97 Million | $716.61 Million | $2.58 Billion | ▼ -173.5 pp |
| 2020 | 62.1% | $312.25 Million | $118.31 Million | $2.18 Billion | ▼ -20.8 pp |
| 2019 | 82.9% | $745.70 Million | $127.34 Million | $1.45 Billion | ▼ -10.9 pp |
| 2018 | 93.9% | $317.61 Million | $19.48 Million | $894.33 Million | ▼ -5.3 pp |
| 2017 | 99.2% | $172.20 Million | $1.46 Million | $305.17 Million | ▲ +0.9 pp |
| 2016 | 98.3% | $130.04 Million | $2.24 Million | $252.63 Million | ▲ +1.2 pp |
| 2015 | 97.0% | $110.13 Million | $3.27 Million | $214.81 Million | ▼ -1.2 pp |
| 2014 | 98.2% | $96.50 Million | $1.70 Million | $188.34 Million | ▲ +1.9 pp |
| 2013 | 96.4% | $63.52 Million | $2.30 Million | $145.19 Million | ▲ +2954.1 pp |
| 2012 | -2857.7% | $71.00K | $2.10 Million | $63.35 Million | ▼ -2957.7 pp |
| 2011 | 100.0% | $1.45 Million | $0.00 | $27.36 Million | — |