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RNG (RingCentral) Total Current Liabilities : $749 Mil (As of Dec. 2024)


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What is RingCentral Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. RingCentral's total current liabilities for the quarter that ended in Dec. 2024 was $749

RingCentral Total Current Liabilities Historical Data

The historical data trend for RingCentral's Total Current Liabilities 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 Total Current Liabilities Chart

RingCentral Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.07 526.27 652.56 632.55 748.80

RingCentral Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Current Liabilities Get a 7-Day Free Trial 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 632.55 764.05 761.44 764.75 748.80

RingCentral Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

RingCentral's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=237.805+201.697
+Other Current Liabilities+Current Deferred Liabilities
=47.415+261.882
=749

RingCentral's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=237.805+201.697
+Other Current Liabilities+Current Deferred Liabilities
=47.415+261.882
=749

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

RingCentral Total Current Liabilities Related Terms

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RingCentral Business Description

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Address
20 Davis Drive, Belmont, CA, USA, 94002
Website
https://www.ringcentral.com
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.
Executives
Vladimir Shmunis director, 10 percent owner, officer: CEO and Chairman C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow officer: SVP & General Counsel C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Robert I Theis director
Vaibhav Agarwal officer: Chief Accounting Officer 20 DAVIS DRIVE, BELMONT CA 94002
Sonalee Elizabeth Parekh officer: Chief Financial Officer 767 FIFTH AVENUE, NEW YORK NY 10153
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Mohammed Katibeh officer: Chief Operating Officer 20 DAVIS DRIVE, BELMONT CA 94002
Sri Srinivasan director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Tarek Robbiati director 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Mitesh Dhruv officer: CFO 34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran officer: President & COO 20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah officer: SVP, Strategy C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan director 182 N. UNION AVENUE, FARMINGTON UT 84025