RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -S$0.72 Billion

According to RingCentral 's latest financial reports the company has -S$0.72 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	$-S$0.67 Billion	2.55%
2022-12-31	$-S$0.65 Billion	-241.24%
2021-12-31	$S$0.45 B	10.93%
2020-12-31	$S$0.41 B	-58.91%
2019-12-31	$S$1.00 B	131.7%
2018-12-31	$S$0.43 B	42.07%
2017-12-31	$S$0.30 B	62.27%
2016-12-31	$S$0.18 B	20.81%
2015-12-31	$S$0.15 B	22.17%
2014-12-31	$S$0.12 B	58.46%
2013-12-31	$S$80.47 M	92582.29%
2012-12-31	$S$0.08 M	-95.38%
2011-12-31	$S$1.88 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	S$0.14 B	-120.79%	🇺🇸 USA
Amazon AMZN	S$348.60 B	-49,157.94%	🇺🇸 USA
Akamai AKAM	S$6.39 B	-1,000.07%	🇺🇸 USA
AT&T T	S$159.08 B	-22,486.92%	🇺🇸 USA
Microsoft MSFT	S$387.04 B	-54,566.69%	🇺🇸 USA
Cisco CSCO	S$61.14 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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