RingCentral Statistics
Total Valuation
RingCentral has a market cap or net worth of $2.71 billion. The enterprise value is $4.06 billion.
| Market Cap | 2.71B |
| Enterprise Value | 4.06B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RingCentral has 92.32 million shares outstanding. The number of shares has decreased by -0.34% in one year.
| Shares Outstanding | 92.32M |
| Shares Change (YoY) | -0.34% |
| Shares Change (QoQ) | -0.62% |
| Owned by Insiders (%) | 1.71% |
| Owned by Institutions (%) | 105.46% |
| Float | 73.49M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 8.20 |
| PS Ratio | 1.23 |
| Forward PS | 1.13 |
| PB Ratio | n/a |
| P/FCF Ratio | 8.37 |
| PEG Ratio | 0.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 35.92, with an EV/FCF ratio of 12.54.
| EV / Earnings | n/a |
| EV / Sales | 1.84 |
| EV / EBITDA | 35.92 |
| EV / EBIT | n/a |
| EV / FCF | 12.54 |
Financial Position
The company has a current ratio of 1.34
| Current Ratio | 1.34 |
| Quick Ratio | 0.93 |
| Debt / Equity | n/a |
| Debt / EBITDA | 13.91 |
| Debt / FCF | 4.86 |
| Interest Coverage | -3.36 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -8.10% |
| Return on Capital (ROIC) | -18.56% |
| Revenue Per Employee | $539,282 |
| Profits Per Employee | -$40,460 |
| Employee Count | 4,084 |
| Asset Turnover | 1.08 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, RingCentral has paid $8.40 million in taxes.
| Income Tax | 8.40M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +0.65% in the last 52 weeks. The beta is 0.91, so RingCentral's price volatility has been similar to the market average.
| Beta (1Y) | 0.91 |
| 52-Week Price Change | +0.65% |
| 50-Day Moving Average | 33.14 |
| 200-Day Moving Average | 32.20 |
| Relative Strength Index (RSI) | 29.70 |
| Average Volume (30 Days) | 1,168,185 |
Short Selling Information
The latest short interest is 3.84 million, so 4.16% of the outstanding shares have been sold short.
| Short Interest | 3.84M |
| Short Previous Month | 4.50M |
| Short % of Shares Out | 4.16% |
| Short % of Float | 5.23% |
| Short Ratio (days to cover) | 3.34 |
Income Statement
In the last 12 months, RingCentral had revenue of $2.20 billion and -$165.24 million in losses. Loss per share was -$1.74.
| Revenue | 2.20B |
| Gross Profit | 1.54B |
| Operating Income | -198.81M |
| Pretax Income | -156.85M |
| Net Income | -165.24M |
| EBITDA | 113.09M |
| EBIT | -120.85M |
| Loss Per Share | -$1.74 |
Balance Sheet
The company has $222.20 million in cash and $1.57 billion in debt, giving a net cash position of -$1.35 billion or -$14.64 per share.
| Cash & Cash Equivalents | 222.20M |
| Total Debt | 1.57B |
| Net Cash | -1.35B |
| Net Cash Per Share | -$14.64 |
| Equity / Book Value | -502.57M |
| Book Value Per Share | -5.44 |
| Working Capital | 216.10M |
Cash Flow
In the last 12 months, operating cash flow was $399.66 million and capital expenditures -$75.74 million, giving a free cash flow of $323.92 million.
| Operating Cash Flow | 399.66M |
| Capital Expenditures | -75.74M |
| Free Cash Flow | 323.92M |
| FCF Per Share | $3.41 |
Margins
Gross margin is 69.84%, with operating and profit margins of -9.03% and -7.50%.
| Gross Margin | 69.84% |
| Operating Margin | -9.03% |
| Pretax Margin | -7.12% |
| Profit Margin | -7.50% |
| EBITDA Margin | 5.13% |
| EBIT Margin | -5.49% |
| FCF Margin | 14.71% |
Dividends & Yields
RingCentral does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.34% |
| Shareholder Yield | 0.34% |
| Earnings Yield | -6.10% |
| FCF Yield | 11.95% |
Analyst Forecast
The average price target for RingCentral is $38.35, which is 30.62% higher than the current price. The consensus rating is "Buy".
| Price Target | $38.35 |
| Price Target Difference | 30.62% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 11.33% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
RingCentral has an Altman Z-Score of 0.56 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.56 |
| Piotroski F-Score | 7 |