RingCentral (RNG) - Net assets

Net assets on the balance sheet as of December 2024 : -₹47.9 Billion

According to RingCentral 's latest financial reports the company has -₹47.9 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
2024-12-31	$-₹47.27 Billion	12.96%
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	₹9.82 B	-120.51%	🇺🇸 USA
Amazon AMZN	₹24.861 T	-52,007.81%	🇺🇸 USA
Akamai AKAM	₹424.11 B	-985.49%	🇺🇸 USA
AT&T T	₹10.452 T	-21,922.63%	🇺🇸 USA
Microsoft MSFT	₹26.316 T	-55,043.65%	🇺🇸 USA
Cisco CSCO	₹3.958 T	-8,364.37%	🇺🇸 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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