RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -₹44.63 Billion

According to RingCentral 's latest financial reports the company has -₹44.63 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	$-₹41.84 Billion	4.72%
2022-12-31	$-₹39.96 Billion	-258.35%
2021-12-31	$₹25.22 B	10.48%
2020-12-31	$₹22.83 B	-57.06%
2019-12-31	$₹53.17 B	139.45%
2018-12-31	$₹22.20 B	52.32%
2017-12-31	$₹14.58 B	64.99%
2016-12-31	$₹8.83 B	20.74%
2015-12-31	$₹7.31 B	19.66%
2014-12-31	$₹6.11 B	55.87%
2013-12-31	$₹3.92 B	100838.76%
2012-12-31	$₹3.88 M	-94.94%
2011-12-31	$₹76.81 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	₹9.27 B	-120.79%	🇺🇸 USA
Amazon AMZN	₹21.893 T	-49,157.94%	🇺🇸 USA
Akamai AKAM	₹401.67 B	-1,000.07%	🇺🇸 USA
AT&T T	₹9.990 T	-22,486.92%	🇺🇸 USA
Microsoft MSFT	₹24.306 T	-54,566.69%	🇺🇸 USA
Cisco CSCO	₹3.840 T	-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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