RingCentral, Inc. (RNG)

RingCentral Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	199.33	222.2	269.98	267.16	639.85	343.61
Cash & Short-Term Investments	199.33	222.2	269.98	267.16	639.85	343.61
Cash Growth	-11.55%	-17.70%	1.06%	-58.25%	86.22%	-39.33%
Receivables	370	364.44	311.32	232.84	176.03	129.99
Inventory	1.91	1.49	1.21	5.66	0.55	0.4
Prepaid Expenses	40.41	32.44	23.31	26.25	18.5	16.25
Other Current Assets	216.27	228.08	190.2	118.83	91.19	45.29
Total Current Assets	827.91	848.65	796.02	650.74	926.13	535.54
Property, Plant & Equipment	227.49	227.38	220.83	214.2	193.32	92.9
Long-Term Investments	4.71	3.51	1.65	210.45	213.18	132.19
Goodwill	74.41	67.37	54.34	55.49	57.31	55.28
Other Intangible Assets	322.94	393.77	528.05	716.61	118.31	162.94
Long-Term Deferred Charges	366.91	395.72	438.58	723.45	667.78	462.34
Other Long-Term Assets	7.44	8.52	34.2	8.11	8.56	9.56
Total Assets	1,832	1,945	2,074	2,579	2,185	1,451
Accounts Payable	38.95	53.3	62.72	70.02	54.04	34.61
Accrued Expenses	261.7	308.93	362.6	261.11	194.39	124.48
Current Portion of Long-Term Debt	181.03	20	-	-	31.15	-
Current Portion of Leases	17.66	16.71	17.51	18.69	16.27	14.25
Current Unearned Revenue	262.11	233.62	209.73	176.45	142.22	107.37
Total Current Liabilities	761.44	632.55	652.56	526.27	438.07	280.71
Long-Term Debt	1,356	1,531	1,638	1,398	1,375	386.89
Long-Term Leases	30.51	28.18	20.18	31.81	38.72	28.52
Other Long-Term Liabilities	12.42	55.81	45.85	84.05	24.03	8.93
Total Liabilities	2,161	2,248	2,357	2,041	1,876	705.05
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,219	1,205	1,060	1,087	673.95	1,033
Retained Earnings	-1,742	-1,699	-1,534	-748.56	-372.31	-289.31
Comprehensive Income & Other	-5.05	-8.22	-8.78	0.64	6.81	1.95
Total Common Equity	-528.26	-502.57	-482.79	338.97	308.46	745.7
Shareholders' Equity	-328.81	-303.12	-283.34	538.42	308.46	745.7
Total Liabilities & Equity	1,832	1,945	2,074	2,579	2,185	1,451
Total Debt	1,585	1,596	1,676	1,449	1,461	429.65
Net Cash (Debt)	-1,386	-1,374	-1,406	-1,182	-821.6	-86.05
Net Cash Per Share	-14.81	-14.48	-14.76	-12.88	-9.26	-1.04
Filing Date Shares Outstanding	91.82	92.32	95.47	94.44	90.49	87.1
Total Common Shares Outstanding	92.53	93.47	95.39	94.31	90.43	86.94
Working Capital	66.47	216.1	143.46	124.47	488.06	254.83
Book Value Per Share	-5.71	-5.38	-5.06	3.59	3.41	8.58
Tangible Book Value	-925.61	-963.71	-1,065	-433.13	132.83	527.48
Tangible Book Value Per Share	-10.00	-10.31	-11.17	-4.59	1.47	6.07
Machinery	255.02	247.77	230.66	206.06	177.31	128.53
Leasehold Improvements	14.28	14.37	13.89	13.53	12.91	11.33

Source: S&P Capital IQ. Standard template. Financial Sources.