What is RingCentral's debt-to-equity?

RingCentral (RNG) reported debt-to-equity of 1× in Q1 2022.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

RingCentral RNG Debt-to-equity

Discontinued — last reported Q1 '22

Debt-to-equity at other companies

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Other financials

Income statement

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Revenue$644.2M+5.3%

Gross profit$464.8M+7.7%

Operating income$50.0M+384%

Net income$30.6M+396%

EPS (diluted)$0.35+418%

Balance sheet

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Cash & equivalents$111.1M-25.5%

Total debt$1.3B-11.0%

Total equity-$609.3M-12.6%

Total assets$1.4B-12.9%

Cash flow

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Operating cash flow$164.0M+9.6%

CapEx$6.5M+17.1%

Free cash flow$157.5M+9.3%

Valuation

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Market cap$2.97B+39.2%

Enterprise value$4.11B+21.8%

P/E35.2×—

P/S1.2×+0.3×

Profitability

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Gross margin71.6%+1.1pp

Operating margin6.3%+5.3pp

Net margin3.3%+2.5pp

FCF margin23.6%+2.5pp

Returns & leverage

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Return on equity-402.5%—

Current ratio1.1×+0.5×

Where this comes from

Calculated from RingCentral’s reported figures.

total debt/total stockholders equity=1×

Based on the most recent quarter.

The official record: RingCentral’s 10-Q, filed May 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is RingCentral's debt-to-equity?: RingCentral (RNG) reported debt-to-equity of 1× in Q1 2022.
What does debt-to-equity mean?: Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.