Ringcentral, Inc. Current Ratio

Current Ratio of RNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending March 31, 2023 was 1.44 (a 18.01% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 21.1%
  • Annual Current Ratio for 2022 was 1.22 (a -1.35% decrease from previous year)
  • Annual Current Ratio for 2021 was 1.24 (a -41.51% decrease from previous year)
  • Annual Current Ratio for 2020 was 2.11 (a 10.81% increase from previous year)
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Historical Current Ratio of Ringcentral, Inc.

Most recent Current Ratioof RNG including historical data for past 10 years.

Interactive Chart of Current Ratio of Ringcentral, Inc.

Ringcentral, Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 1.44 – – – –
2022 1.22 1.21 1.19 1.25 1.22
2021 1.24 1.46 1.45 1.67 1.24
2020 2.11 2.69 2.7 3.16 2.11
2019 1.91 2.85 2.99 3.08 1.91
2018 3.55 4.07 4.32 4.71 3.55
2017 2.11 1.93 2.01 1.87 2.11
2016 1.78 1.78 2.01 2.04 1.78
2015 2.12 2.04 1.81 1.96 2.12
2014 2.09 2.09 2.79 2.95 2.09
2013 – – 2.45 0.79 2.45
2012 – – – – 0.99

Business Profile of Ringcentral, Inc.

Sector: Technology
Industry: Software Application
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