Ringcentral Inc
RingCentral, Inc., together with its subsidiaries, provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally. The company's products include RingEX, a unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers omni-channel… Read more
Ringcentral Inc (RNG) - Total Assets
Latest total assets as of September 2025: $1.53 Billion USD
Based on the latest financial reports, Ringcentral Inc (RNG) holds total assets worth $1.53 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ringcentral Inc - Total Assets Trend (2011–2024)
This chart illustrates how Ringcentral Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ringcentral Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ringcentral Inc's total assets of $1.53 Billion consist of 48.9% current assets and 51.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $114.50 Million | 13.6% |
| Accounts Receivable | $386.25 Million | 21.7% |
| Inventory | $1.24 Million | 0.1% |
| Property, Plant & Equipment | $227.11 Million | 12.8% |
| Intangible Assets | $258.53 Million | 14.5% |
| Goodwill | $82.99 Million | 4.7% |
Asset Composition Trend (2011–2024)
This chart illustrates how Ringcentral Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ringcentral Inc's current assets represent 48.9% of total assets in 2024, a decrease from 61.6% in 2011.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, down from 49.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% of total assets.
Ringcentral Inc Competitors by Total Assets
Key competitors of Ringcentral Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Ringcentral Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Ringcentral Inc generates 1.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ringcentral Inc is currently not profitable relative to its asset base.
Ringcentral Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.63 | 1.12 | 2.11 |
| Quick Ratio | 0.63 | 1.12 | 2.11 |
| Cash Ratio | 0.00 | 0.15 | 0.00 |
| Working Capital | $-442.86 Million | $ 94.23 Million | $ 488.06 Million |
Ringcentral Inc - Advanced Valuation Insights
This section examines the relationship between Ringcentral Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 102.83 |
| Latest Market Cap to Assets Ratio | 1.31 |
| Asset Growth Rate (YoY) | -8.5% |
| Total Assets | $1.78 Billion |
| Market Capitalization | $2.34 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Ringcentral Inc's assets above their book value (1.31 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Ringcentral Inc's assets decreased by 8.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ringcentral Inc (2011–2024)
The table below shows the annual total assets of Ringcentral Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.78 Billion | -8.49% |
| 2023-12-31 | $1.94 Billion | -6.21% |
| 2022-12-31 | $2.07 Billion | -19.60% |
| 2021-12-31 | $2.58 Billion | +18.06% |
| 2020-12-31 | $2.18 Billion | +50.58% |
| 2019-12-31 | $1.45 Billion | +62.22% |
| 2018-12-31 | $894.33 Million | +193.06% |
| 2017-12-31 | $305.17 Million | +20.80% |
| 2016-12-31 | $252.63 Million | +17.60% |
| 2015-12-31 | $214.81 Million | +14.06% |
| 2014-12-31 | $188.34 Million | +29.72% |
| 2013-12-31 | $145.19 Million | +129.16% |
| 2012-12-31 | $63.35 Million | +131.54% |
| 2011-12-31 | $27.36 Million | -- |