RingCentral Inc (RNG)
34.87
-0.17
(-0.49%)
USD |
NYSE |
Nov 21, 16:00
34.86
0.00 (0.00%)
Pre-Market: 20:00
RingCentral Debt to Equity Ratio: -2.811 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -2.811 |
| June 30, 2024 | -2.910 |
| March 31, 2024 | -2.951 |
| December 31, 2023 | -3.075 |
| September 30, 2023 | -6.32 |
| June 30, 2023 | -5.796 |
| March 31, 2023 | -6.016 |
| December 31, 2022 | -3.394 |
| September 30, 2022 | -36.04 |
| June 30, 2022 | 10.11 |
| March 31, 2022 | 33.52 |
| December 31, 2021 | 4.126 |
| September 30, 2021 | 30.54 |
| June 30, 2021 | 14.81 |
| March 31, 2021 | 6.390 |
| December 31, 2020 | 4.504 |
| September 30, 2020 | 4.702 |
| June 30, 2020 | 1.920 |
| March 31, 2020 | 2.125 |
| December 31, 2019 | 0.5188 |
| September 30, 2019 | 1.033 |
| June 30, 2019 | 1.059 |
| March 31, 2019 | 1.122 |
| December 31, 2018 | 1.154 |
| Date | Value |
|---|---|
| September 30, 2018 | 1.208 |
| June 30, 2018 | 1.226 |
| March 31, 2018 | 1.276 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.1141 |
| September 30, 2016 | 0.1292 |
| June 30, 2016 | 0.1418 |
| March 31, 2016 | 0.1589 |
| December 31, 2015 | 0.1688 |
| September 30, 2015 | 0.1898 |
| June 30, 2015 | 0.204 |
| March 31, 2015 | 0.2306 |
| December 31, 2014 | 0.2547 |
| September 30, 2014 | 0.2726 |
| June 30, 2014 | 0.2797 |
| March 31, 2014 | 0.2861 |
| December 31, 2013 | 0.5389 |
| September 30, 2013 | -1.477 |
| June 30, 2013 | -0.961 |
| March 31, 2013 | |
| December 31, 2012 | 282.59 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-36.04
Minimum
Sep 2022
33.52
Maximum
Mar 2022
2.198
Average
1.220
Median
Debt to Equity Ratio Benchmarks
| Amdocs Ltd | 0.187 |
| AppFolio Inc | 0.00 |
| Twilio Inc | 0.1203 |
| Paymentus Holdings Inc | 0.00 |
| WidePoint Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.818B |
| Total Liabilities (Quarterly) | 2.364B |
| Shareholders Equity (Quarterly) | -545.35M |
| Current Ratio | 1.123 |
| Net Debt Paydown Yield | 0.32% |