>
Switch to:

RingCentral LT-Debt-to-Total-Asset

: 0.72 (As of Sep. 2021)
View and export this data going back to 2013. Start your Free Trial

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. RingCentral's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.72.

RingCentral's long-term debt to total assets ratio increased from Sep. 2020 (0.68) to Sep. 2021 (0.72). It may suggest that RingCentral is progressively becoming more dependent on debt to grow their business.


RingCentral LT-Debt-to-Total-Asset Historical Data

The historical data trend for RingCentral's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RingCentral Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.41 0.29 0.65

RingCentral Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.65 0.67 0.71 0.72

RingCentral LT-Debt-to-Total-Asset Calculation

RingCentral's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=1414.042/2184.597
=0.65

RingCentral's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=1416.582/1965.503
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RingCentral  (NYSE:RNG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


RingCentral LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of RingCentral's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


RingCentral Business Description

RingCentral logo
Industry
Technology » Software NAICS : 541519 SIC : 7379
Traded in Other Exchanges
Address
20 Davis Drive, Belmont, CA, USA, 94002
RingCentral is a unified-communication-as-a-service, or UCaaS, provider. RingCentral's software provides an easy-to-use, integrated communication application that allows for a single user experience across mobile and desktop applications. The software lets businesses communicate and collaborate using voice, video, text, Internet messaging, and conference calls on a single platform. Ninety percent of RingCentral's revenue comes from its RingCentral Office application, which is available in four tiers based on integration needs and the number of employees. The company was founded in 1999 and its headquarters are in Belmont, California.
Executives
Agarwal Vaibhav officer: Chief Accounting Officer 20 DAVIS DRIVE BELMONT CA 94002
Shah Praful officer: Chief Strategy Officer C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Marlow John H officer: SVP, CAO & General Counsel C/O RINGCENTRAL, INC 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Elca Fund Iii, Lp other: Controlled by Reporting Person C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Elca Fund Ii, Lp other: Controlled by Reporting Person C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Elca Fund I, Lp other: Controlled by Reporting Person C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Elca, Llc other: Controlled by Reporting Person C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Shmunis Sandra other: Wife of Reporting Person C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Shmunis Vladimir director, officer: CEO & Chairman C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Williams R Neil director C/O INTUIT INC. 2700 COAST AVENUE MOUNTAIN VIEW CA 94043
Dhruv Mitesh officer: Chief Financial Officer 34601 CASCADES CIRCLE UNION CITY CA 94587
Sullivan Godfrey director SPLUNK INC. 250 BRANNAN STREET SAN FRANCISCO CA 94107
Theis Robert I director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: THEIS ROBERT I a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Eswaran Anand officer: President & COO 20 DAVIS DRIVE BELMONT CA 94002
Goldman Kenneth A director C/O YAHOO! INC. 701 FIRST AVENUE SUNNYVALE CA 94089

RingCentral Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)