RingCentral (RNG) - Net assets

Net assets on the balance sheet as of December 2024 : -NZ$0.97 Billion

According to RingCentral 's latest financial reports the company has -NZ$0.97 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	$-NZ$0.98 Billion	22.92%
2023-12-31	$-NZ$0.8 Billion	4.51%
2022-12-31	$-NZ$0.77 Billion	-253.23%
2021-12-31	$NZ$0.49 B	14.68%
2020-12-31	$NZ$0.43 B	-60.92%
2019-12-31	$NZ$1.10 B	133.84%
2018-12-31	$NZ$0.47 B	47.27%
2017-12-31	$NZ$0.32 B	71.27%
2016-12-31	$NZ$0.18 B	16.67%
2015-12-31	$NZ$0.16 B	30.64%
2014-12-31	$NZ$0.12 B	59.36%
2013-12-31	$NZ$77.29 M	89453.42%
2012-12-31	$NZ$0.08 M	-95.36%
2011-12-31	$NZ$1.86 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
8x8 EGHT	NZ$0.19 B	-120.51%	🇺🇸 USA
Amazon AMZN	NZ$499.53 B	-52,007.81%	🇺🇸 USA
Akamai AKAM	NZ$8.52 B	-985.49%	🇺🇸 USA
AT&T T	NZ$210.00 B	-21,922.63%	🇺🇸 USA
Microsoft MSFT	NZ$528.74 B	-55,043.65%	🇺🇸 USA
Cisco CSCO	NZ$79.53 B	-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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