RingCentral (RNG) - Net assets

Net assets on the balance sheet as of June 2024 : -€0.48 B

According to RingCentral 's latest financial reports the company has -€0.48 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	$-€0.46 B	1.01%
2022-12-31	$-€0.46 B	-251.06%
2021-12-31	$€0.29 B	16.64%
2020-12-31	$€0.25 B	-61.54%
2019-12-31	$€0.66 B	139.54%
2018-12-31	$€0.27 B	45.69%
2017-12-31	$€0.19 B	53.94%
2016-12-31	$€0.12 B	22.55%
2015-12-31	$€0.10 B	27.25%
2014-12-31	$€79.27 M	72.44%
2013-12-31	$€45.97 M	85485.5%
2012-12-31	$€0.05 M	-95.2%
2011-12-31	$€1.11 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	€94.38 M	-119.80%	🇺🇸 USA
Amazon AMZN	€213.36 B	-44,860.01%	🇺🇸 USA
Akamai AKAM	€4.29 B	-1,000.07%	🇺🇸 USA
AT&T T	€109.48 B	-23,066.94%	🇺🇸 USA
Microsoft MSFT	€242.27 B	-50,923.37%	🇺🇸 USA
Cisco CSCO	€41.02 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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