RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -C$0.75 Billion

According to RingCentral 's latest financial reports the company has -C$0.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RingCentral - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.67 Billion	1.75%
2022-12-31	$-C$0.66 Billion	-251.65%
2021-12-31	$C$0.43 B	8.5%
2020-12-31	$C$0.39 B	-59.12%
2019-12-31	$C$0.97 B	125.11%
2018-12-31	$C$0.43 B	50.7%
2017-12-31	$C$0.28 B	64.28%
2016-12-31	$C$0.17 B	14.39%
2015-12-31	$C$0.15 B	36.42%
2014-12-31	$C$0.11 B	65.64%
2013-12-31	$C$67.61 M	95664.05%
2012-12-31	$C$0.07 M	-95.22%
2011-12-31	$C$1.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	C$0.15 B	-120.79%	🇺🇸 USA
Amazon AMZN	C$363.09 B	-49,157.94%	🇺🇸 USA
Akamai AKAM	C$6.66 B	-1,000.07%	🇺🇸 USA
AT&T T	C$165.69 B	-22,486.92%	🇺🇸 USA
Microsoft MSFT	C$403.12 B	-54,566.69%	🇺🇸 USA
Cisco CSCO	C$63.68 B	-8,705.12%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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