Mitesh Dhruv - Ringcentral Senior Vice President CFO

RNG Stock  USD 29.36  0.11  0.38%   

President

Mr. Mitesh Dhruv is Chief Financial Officer of the Company. He has served as our Chief Financial Officer since May 2017. Mr. Dhruv served as Senior Vice President, Finance and Strategy from October 2015 to May 2017, as Vice President, Finance and Corporationrationrate Controller from September 2014 to October 2015 and as Vice President, Finance from April 2012 to September 2014. Prior to joining us, Mr. Dhruv worked at Bank of AmericaMerrill Lynch from December 2005 to March 2012 as an equity analyst, covering software and cloud companies. Prior to that, Mr. Dhruv worked in various accounting firms from February 2000 to December 2005, including PricewaterhouseCoopers, and has more than 15 years of experience in accounting and finance since 2017.
Age 42
Tenure 7 years
Professional MarksCFA
Address 20 Davis Drive, Belmont, CA, United States, 94002
Phone650 472 4100
Webhttps://www.ringcentral.com
Dhruv is a Chartered Accountant and a CFA Charterholder, and holds an undergraduate degree in Accounting from the University of Mumbai, India.

Ringcentral Management Efficiency

The company has Return on Asset of (0.0558) % which means that on every $100 spent on assets, it lost $0.0558. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.8933) %, meaning that it generated no profit with money invested by stockholders. Ringcentral's management efficiency ratios could be used to measure how well Ringcentral manages its routine affairs as well as how well it operates its assets and liabilities. The Ringcentral's current Return On Equity is estimated to increase to 0.35, while Return On Tangible Assets are projected to decrease to (0.12). At this time, Ringcentral's Other Current Assets are most likely to increase significantly in the upcoming years. The Ringcentral's current Intangible Assets is estimated to increase to about 413.5 M, while Other Assets are projected to decrease to roughly 243.5 M.
The company has 1.79 B in debt. Ringcentral has a current ratio of 1.17, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Ringcentral until it has trouble settling it off, either with new capital or with free cash flow. So, Ringcentral's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ringcentral sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ringcentral to invest in growth at high rates of return. When we think about Ringcentral's use of debt, we should always consider it together with cash and equity.

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RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. Ringcentral operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 19 people. Ringcentral (RNG) is traded on New York Stock Exchange in USA. It is located in 20 Davis Drive, Belmont, CA, United States, 94002 and employs 4,084 people. Ringcentral is listed under Application Software category by Fama And French industry classification.

Management Performance

Ringcentral Leadership Team

Elected by the shareholders, the Ringcentral's board of directors comprises two types of representatives: Ringcentral inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ringcentral. The board's role is to monitor Ringcentral's management team and ensure that shareholders' interests are well served. Ringcentral's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ringcentral's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michelle McKennaDoyle, Independent Director
Ben Schechter, Chief Officer
Michelle McKenna, Independent Directors
Vlad Vendrow, CoFounder CTO
Phil Sorgen, Chief Revenue Officer
Al Campa, Chief Marketing Officer
Robert Theis, Lead Independent Director
John Marlow, Senior Vice President - Corporate Development, Chief Administrative Officer, General Counsel, Secretary
Godfrey Sullivan, Independent Director
Arne Duncan, Independent Director
Vaibhav Agarwal, Interim Chief Financial Officer, Chief Accounting Officer
Riadh Dridi, Senior Vice President Chief Marketing Officer
Jaya Kumar, Chief Marketing Officer
McKennaDoyle Michelle, Independent Director
Vladimir Shmunis, Chairman of the Board, Chief Executive Officer, Co-Founder
David Sipes, Executive VP of Corporate Devel.
Kenneth Goldman, Independent Director
Praful Shah, Chief Strategy Officer
Anil Goel, Vice President - Engineering and India General Manager
Ryan Goodman, Director Relations
Richard Borenstein, Chief Officer
Ryan CFA, Director Relations
Allan Thygesen, Independent Director
Anand Eswaran, President, Chief Operating Officer
Carson Hostetter, Chief Officer
Homayoun Razavi, Chief Officer
Neil Williams, Independent Director
Mo Katibeh, Pres COO
Gunjan Aggarwal, Chief Human Resource Officer
Bobbie Grafeld, Chief Officer
Mitesh Dhruv, Senior Vice President CFO
Kira Makagon, Executive Vice President - Innovation
Zane Long, Vice President - Channel Sales
Clyde Hosein, CFO and Executive VP
Matthew Bishop, Chief Digital Officer
Michael Kourey, Independent Director
Mignon Clyburn, Independent Director
Sonalee Parekh, Chief Officer
Chuck Emmette, Director Services
Heather Hinton, Chief Information Security Officer

Ringcentral Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ringcentral a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Ringcentral Investors Sentiment

The influence of Ringcentral's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ringcentral. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ringcentral's public news can be used to forecast risks associated with an investment in Ringcentral. The trend in average sentiment can be used to explain how an investor holding Ringcentral can time the market purely based on public headlines and social activities around Ringcentral. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ringcentral's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ringcentral's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ringcentral's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ringcentral.

Ringcentral Implied Volatility

    
  114.11  
Ringcentral's implied volatility exposes the market's sentiment of Ringcentral stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ringcentral's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ringcentral stock will not fluctuate a lot when Ringcentral's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ringcentral in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ringcentral's short interest history, or implied volatility extrapolated from Ringcentral options trading.

Currently Active Assets on Macroaxis

When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Ringcentral's price analysis, check to measure Ringcentral's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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Is Ringcentral's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ringcentral. If investors know Ringcentral will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.74)
Revenue Per Share
23.205
Quarterly Revenue Growth
0.089
Return On Assets
(0.06)
Return On Equity
(6.89)
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.