RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -€0.51 Billion

According to RingCentral 's latest financial reports the company has -€0.51 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	$-€0.46 Billion	1.01%
2022-12-31	$-€0.46 Billion	-250.37%
2021-12-31	$€0.29 B	17.9%
2020-12-31	$€0.25 B	-61.86%
2019-12-31	$€0.66 B	139.77%
2018-12-31	$€0.27 B	45.88%
2017-12-31	$€0.19 B	53.94%
2016-12-31	$€0.12 B	22.74%
2015-12-31	$€0.10 B	26.94%
2014-12-31	$€79.34 M	72.53%
2013-12-31	$€45.99 M	85585.32%
2012-12-31	$€0.05 M	-95.2%
2011-12-31	$€1.11 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	€0.10 B	-120.79%	🇺🇸 USA
Amazon AMZN	€245.67 B	-49,157.94%	🇺🇸 USA
Akamai AKAM	€4.50 B	-1,000.07%	🇺🇸 USA
AT&T T	€112.11 B	-22,486.92%	🇺🇸 USA
Microsoft MSFT	€272.76 B	-54,566.69%	🇺🇸 USA
Cisco CSCO	€43.09 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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