RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -£0.42 Billion

According to RingCentral 's latest financial reports the company has -£0.42 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	$-£0.4 Billion	-1.15%
2022-12-31	$-£0.4 Billion	-258.92%
2021-12-31	$£0.25 B	9.62%
2020-12-31	$£0.22 B	-59.72%
2019-12-31	$£0.56 B	127.28%
2018-12-31	$£0.25 B	48.09%
2017-12-31	$£0.16 B	60.32%
2016-12-31	$£0.10 B	41.81%
2015-12-31	$£74.31 M	19.89%
2014-12-31	$£61.98 M	60.98%
2013-12-31	$£38.5 M	87556.16%
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	£87.21 M	-120.79%	🇺🇸 USA
Amazon AMZN	£205.83 B	-49,157.94%	🇺🇸 USA
Akamai AKAM	£3.77 B	-1,000.07%	🇺🇸 USA
AT&T T	£93.92 B	-22,486.92%	🇺🇸 USA
Microsoft MSFT	£228.52 B	-54,566.69%	🇺🇸 USA
Cisco CSCO	£36.10 B	-8,705.12%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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