Ringcentral Research Development vs Reconciled Depreciation Analysis

RNG Stock

USD 36.34 0.93 2.63%

Ringcentral financial indicator trend analysis is much more than just breaking down Ringcentral prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ringcentral is a good investment. Please check the relationship between Ringcentral Research Development and its Reconciled Depreciation accounts. 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.

Research Development vs Reconciled Depreciation

Research Development vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ringcentral Research Development account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ringcentral's Research Development and Reconciled Depreciation is 0.91. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Ringcentral, assuming nothing else is changed. The correlation between historical values of Ringcentral's Research Development and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Ringcentral are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Research Development i.e., Ringcentral's Research Development and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Research Development

Reconciled Depreciation

Most indicators from Ringcentral's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ringcentral current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Ringcentral's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Ringcentral's current Enterprise Value is estimated to increase to about 13.3 B, while Enterprise Value Over EBITDA is projected to decrease to 59.90.

	2021	2022	2023	2024 (projected)
Interest Expense	64.4M	4.8M	36.0M	37.8M
Depreciation And Amortization	117.7M	26.8M	254.4M	267.1M

Interest Expense Depreciation And Amortization

Ringcentral fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.83	0.76	0.79	0.8	-0.03	0.66	0.81	0.81	0.65	-0.65	0.79	0.63	0.76	0.49	0.75	0.63	0.75	0.74	0.04	0.78	0.86	0.76	0.58	0.84	0.53
Total Assets	0.83		0.85	0.86	0.87	0.04	0.81	0.91	0.84	0.77	-0.64	0.98	0.65	0.94	0.43	0.97	0.65	0.8	0.86	0.32	0.78	0.9	0.87	0.6	0.91	0.63
Short Long Term Debt Total	0.76	0.85		0.98	0.98	-0.41	0.87	0.98	0.97	0.97	-0.9	0.86	0.49	0.92	0.78	0.79	0.49	0.97	0.99	0.23	0.97	0.75	0.99	0.87	0.79	0.81
Other Current Liab	0.79	0.86	0.98		1.0	-0.41	0.87	0.98	0.98	0.95	-0.93	0.87	0.48	0.91	0.81	0.77	0.47	0.98	0.99	0.22	0.96	0.79	0.99	0.83	0.8	0.77
Total Current Liabilities	0.8	0.87	0.98	1.0		-0.38	0.87	0.99	0.99	0.96	-0.92	0.87	0.49	0.93	0.8	0.79	0.48	0.99	0.99	0.22	0.97	0.81	0.99	0.86	0.8	0.8
Total Stockholder Equity	-0.03	0.04	-0.41	-0.41	-0.38		-0.25	-0.27	-0.38	-0.53	0.66	-0.06	0.3	-0.08	-0.79	0.17	0.3	-0.46	-0.42	0.09	-0.43	0.13	-0.41	-0.52	0.04	-0.39
Other Liab	0.66	0.81	0.87	0.87	0.87	-0.25		0.87	0.86	0.89	-0.79	0.84	0.27	0.91	0.61	0.75	0.27	0.85	0.88	0.63	0.83	0.73	0.88	0.74	0.61	0.66
Property Plant And Equipment Net	0.81	0.91	0.98	0.98	0.99	-0.27	0.87		0.98	0.94	-0.86	0.91	0.55	0.96	0.73	0.86	0.54	0.97	0.98	0.25	0.96	0.84	0.98	0.85	0.83	0.81
Current Deferred Revenue	0.81	0.84	0.97	0.98	0.99	-0.38	0.86	0.98		0.94	-0.93	0.83	0.5	0.9	0.82	0.75	0.49	0.99	0.97	0.18	0.99	0.82	0.98	0.9	0.79	0.79
Net Debt	0.65	0.77	0.97	0.95	0.96	-0.53	0.89	0.94	0.94		-0.93	0.82	0.28	0.89	0.84	0.71	0.27	0.96	0.97	0.34	0.93	0.65	0.97	0.89	0.64	0.83
Retained Earnings	-0.65	-0.64	-0.9	-0.93	-0.92	0.66	-0.79	-0.86	-0.93	-0.93		-0.68	-0.21	-0.75	-0.95	-0.52	-0.21	-0.96	-0.9	-0.16	-0.93	-0.64	-0.91	-0.9	-0.58	-0.75
Accounts Payable	0.79	0.98	0.86	0.87	0.87	-0.06	0.84	0.91	0.83	0.82	-0.68		0.51	0.95	0.47	0.96	0.5	0.8	0.88	0.38	0.77	0.86	0.88	0.6	0.83	0.64
Cash	0.63	0.65	0.49	0.48	0.49	0.3	0.27	0.55	0.5	0.28	-0.21	0.51		0.5	0.12	0.61	1.0	0.43	0.48	-0.21	0.48	0.6	0.48	0.29	0.87	0.35
Non Current Assets Total	0.76	0.94	0.92	0.91	0.93	-0.08	0.91	0.96	0.9	0.89	-0.75	0.95	0.5		0.56	0.93	0.49	0.88	0.92	0.44	0.86	0.85	0.93	0.74	0.79	0.74
Non Currrent Assets Other	0.49	0.43	0.78	0.81	0.8	-0.79	0.61	0.73	0.82	0.84	-0.95	0.47	0.12	0.56		0.3	0.12	0.87	0.79	-0.01	0.85	0.44	0.79	0.88	0.43	0.7
Other Assets	0.75	0.97	0.79	0.77	0.79	0.17	0.75	0.86	0.75	0.71	-0.52	0.96	0.61	0.93	0.3		0.6	0.7	0.79	0.35	0.69	0.85	0.79	0.52	0.84	0.61
Cash And Short Term Investments	0.63	0.65	0.49	0.47	0.48	0.3	0.27	0.54	0.49	0.27	-0.21	0.5	1.0	0.49	0.12	0.6		0.42	0.47	-0.21	0.48	0.6	0.48	0.29	0.87	0.36
Net Receivables	0.75	0.8	0.97	0.98	0.99	-0.46	0.85	0.97	0.99	0.96	-0.96	0.8	0.43	0.88	0.87	0.7	0.42		0.97	0.18	0.99	0.77	0.98	0.92	0.74	0.8
Non Current Liabilities Total	0.74	0.86	0.99	0.99	0.99	-0.42	0.88	0.98	0.97	0.97	-0.9	0.88	0.48	0.92	0.79	0.79	0.47	0.97		0.27	0.95	0.74	1.0	0.85	0.79	0.81
Inventory	0.04	0.32	0.23	0.22	0.22	0.09	0.63	0.25	0.18	0.34	-0.16	0.38	-0.21	0.44	-0.01	0.35	-0.21	0.18	0.27		0.15	0.23	0.26	0.14	0.02	0.12
Other Current Assets	0.78	0.78	0.97	0.96	0.97	-0.43	0.83	0.96	0.99	0.93	-0.93	0.77	0.48	0.86	0.85	0.69	0.48	0.99	0.95	0.15		0.76	0.96	0.94	0.75	0.84
Other Stockholder Equity	0.86	0.9	0.75	0.79	0.81	0.13	0.73	0.84	0.82	0.65	-0.64	0.86	0.6	0.85	0.44	0.85	0.6	0.77	0.74	0.23	0.76		0.76	0.6	0.84	0.57
Total Liab	0.76	0.87	0.99	0.99	0.99	-0.41	0.88	0.98	0.98	0.97	-0.91	0.88	0.48	0.93	0.79	0.79	0.48	0.98	1.0	0.26	0.96	0.76		0.86	0.79	0.81
Property Plant And Equipment Gross	0.58	0.6	0.87	0.83	0.86	-0.52	0.74	0.85	0.9	0.89	-0.9	0.6	0.29	0.74	0.88	0.52	0.29	0.92	0.85	0.14	0.94	0.6	0.86		0.53	0.86
Total Current Assets	0.84	0.91	0.79	0.8	0.8	0.04	0.61	0.83	0.79	0.64	-0.58	0.83	0.87	0.79	0.43	0.84	0.87	0.74	0.79	0.02	0.75	0.84	0.79	0.53		0.55
Short Term Debt	0.53	0.63	0.81	0.77	0.8	-0.39	0.66	0.81	0.79	0.83	-0.75	0.64	0.35	0.74	0.7	0.61	0.36	0.8	0.81	0.12	0.84	0.57	0.81	0.86	0.55

Click cells to compare fundamentals

Ringcentral Account Relationship Matchups

Ringcentral fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	83.1M	88.7M	91.7M	95.2M	94.9M	79.5M
Total Assets	1.5B	2.2B	2.6B	2.1B	1.9B	1.0B
Short Long Term Debt Total	415.4M	1.4B	1.4B	1.7B	1.8B	1.9B
Other Current Liab	124.5M	210.7M	261.1M	362.6M	308.9M	324.4M
Total Current Liabilities	280.7M	438.1M	526.3M	652.6M	632.5M	664.2M
Total Stockholder Equity	745.7M	312.2M	538.4M	(482.8M)	(502.6M)	(477.4M)
Other Liab	8.9M	24.0M	84.1M	45.8M	52.7M	55.4M
Property Plant And Equipment Net	128.5M	193.3M	214.2M	220.8M	227.4M	238.7M
Current Deferred Revenue	107.4M	142.2M	176.5M	209.7M	233.6M	245.3M
Net Debt	71.8M	805.3M	1.2B	1.4B	1.6B	1.6B
Retained Earnings	(289.3M)	(372.3M)	(748.6M)	(1.5B)	(1.7B)	(1.6B)
Accounts Payable	34.6M	54.0M	70.0M	62.7M	53.3M	27.4M
Cash	343.6M	639.9M	267.2M	270.0M	222.2M	259.7M
Non Current Assets Total	915.2M	1.3B	1.9B	1.3B	1.3B	1.3B
Non Currrent Assets Other	9.6M	8.6M	8.1M	469.9M	592.4M	622.0M
Other Assets	471.9M	676.3M	731.6M	469.9M	407.7M	243.5M
Cash And Short Term Investments	343.6M	639.9M	267.2M	270.0M	222.2M	262.1M
Net Receivables	130.0M	176.0M	232.8M	311.3M	364.4M	382.7M
Liabilities And Stockholders Equity	1.5B	2.2B	2.6B	2.1B	1.9B	1.0B
Non Current Liabilities Total	424.3M	1.4B	1.5B	1.9B	1.8B	1.9B
Inventory	401K	551K	5.7M	1.2M	1.5M	1.6M
Other Current Assets	25.4M	46.5M	48.2M	55.8M	75.9M	79.7M
Other Stockholder Equity	1.0B	674.0M	1.1B	860.4M	1.0B	582.2M
Total Liab	705.0M	1.9B	2.0B	2.6B	2.4B	2.6B
Property Plant And Equipment Gross	128.5M	193.3M	214.2M	185.4M	560.8M	588.8M
Total Current Assets	535.5M	926.1M	650.7M	796.0M	664.0M	444.5M
Accumulated Other Comprehensive Income	1.9M	6.8M	644K	(8.8M)	(8.2M)	(7.8M)
Short Term Debt	14.2M	31.1M	18.7M	17.5M	36.7M	38.5M
Property Plant Equipment	89.2M	142.2M	214.2M	220.8M	254.0M	266.7M
Long Term Debt	386.9M	1.4B	1.4B	1.6B	1.5B	1.6B
Good Will	55.3M	57.3M	55.5M	54.3M	67.4M	34.9M
Retained Earnings Total Equity	(289.3M)	(372.3M)	(748.6M)	(1.5B)	(1.4B)	(1.3B)
Deferred Long Term Liab	462.3M	667.8M	723.4M	438.6M	504.4M	262.4M
Intangible Assets	127.3M	118.3M	716.6M	528.1M	393.8M	413.5M
Net Tangible Assets	563.1M	136.6M	(433.1M)	(283.3M)	(255.0M)	(242.3M)

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

36.84

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.

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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:

How To Invest In Ringcentral

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Is Ringcentral Stock a good investment?

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What is Ringcentral's Net Worth?

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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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

(1.48)

Revenue Per Share

23.9

Quarterly Revenue Growth

0.095

Return On Assets

(0.04)

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.

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Ringcentral Research Development vs Reconciled Depreciation Analysis

Research Development vs Reconciled Depreciation

Research Development vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Research Development

Reconciled Depreciation

Ringcentral fundamental ratios Correlations

Ringcentral Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ringcentral fundamental ratios Accounts

Ringcentral Investors Sentiment

Ringcentral Implied Volatility

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Other Current Liab

Net Receivables	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.95	Retained Earnings
Other Current Assets	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Net Debt
Retained Earnings	- 0.93	Current Deferred Revenue
Retained Earnings	- 0.93	Other Current Liab