RingCentral (RNG) - Net Assets

Net assets on the balance sheet as of June 2024 : -£0.41 B

According to RingCentral 's latest financial reports the company has -£0.41 B 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	$-£0.4 B	-1.15%
2022-12-31	$-£0.4 B	-259.33%
2021-12-31	$£0.25 B	9.5%
2020-12-31	$£0.22 B	-59.3%
2019-12-31	$£0.56 B	125.74%
2018-12-31	$£0.24 B	47.33%
2017-12-31	$£0.16 B	60.32%
2016-12-31	$£0.10 B	41.96%
2015-12-31	$£74.23 M	19.76%
2014-12-31	$£61.99 M	61.19%
2013-12-31	$£38.45 M	87491.66%
2012-12-31	$£0.04 M	-95.3%
2011-12-31	$£0.93 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	£79.69 M	-119.80%	🇺🇸 USA
Amazon AMZN	£180.16 B	-44,860.01%	🇺🇸 USA
Akamai AKAM	£3.62 B	-1,000.07%	🇺🇸 USA
AT&T T	£92.44 B	-23,066.94%	🇺🇸 USA
Microsoft MSFT	£204.56 B	-50,923.37%	🇺🇸 USA
Cisco CSCO	£34.63 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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RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -£0.41 B