RingCentral (RNG) - Net assets

Net assets on the balance sheet as of September 2024 : -$0.55 Billion USD

According to RingCentral 's latest financial reports the company has -$0.55 Billion USD 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	$-$0.51 Billion	4.1%
2022-12-31	$-$0.49 Billion	-242.43%
2021-12-31	$$0.33 B	8.56%
2020-12-31	$$0.31 B	-58.13%
2019-12-31	$$0.74 B	134.79%
2018-12-31	$$0.31 B	39.09%
2017-12-31	$$0.22 B	75.6%
2016-12-31	$$0.13 B	18.08%
2015-12-31	$$0.11 B	14.12%
2014-12-31	$$96.5 M	51.94%
2013-12-31	$$63.51 M	89357.75%
2012-12-31	$$0.07 M	-95.11%
2011-12-31	$$1.45 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	$0.10 B	-120.14%	🇺🇸 USA
Amazon AMZN	$259.15 B	-47,620.12%	🇺🇸 USA
Akamai AKAM	$4.79 B	-979.09%	🇺🇸 USA
AT&T T	$118.26 B	-21,785.16%	🇺🇸 USA
Microsoft MSFT	$287.72 B	-52,859.33%	🇺🇸 USA
Cisco CSCO	$45.27 B	-8,402.37%	🇺🇸 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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