Ringcentral, inc. (RNG)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Dec'12
Assets
Current assets
Cash and Cash Equivalents, at Carrying Value

762,064

343,606

582,663

567,668

549,030

566,329

577,283

567,280

554,963

181,192

172,306

167,015

149,690

160,355

152,390

147,791

139,074

137,588

130,004

120,789

114,152

113,182

120,691

151,418

166,826

116,378

25,452

37,864

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,307

11,914

21,554

28,479

28,662

-

-

-

-

-

Accounts Receivable, after Allowance for Credit Loss, Current

135,433

129,990

118,282

105,585

100,706

94,375

74,183

67,015

55,379

46,690

39,731

33,264

31,325

30,243

23,583

24,170

25,624

19,163

15,187

12,242

11,572

7,651

7,443

5,118

3,873

3,045

2,492

2,690

Deferred and prepaid sales commission costs

39,775

36,589

32,196

28,726

24,924

23,038

20,869

19,140

16,649

15,424

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

122

902

2,317

2,287

2,372

2,054

1,710

2,012

2,174

2,301

2,111

2,034

833

Prepaid Expense and Other Assets, Current

34,312

25,354

31,904

33,127

29,708

23,772

29,823

24,643

24,118

21,512

22,185

17,936

17,351

15,313

16,644

14,624

12,949

11,978

12,749

11,181

9,521

8,767

8,369

9,125

6,775

5,214

11,656

3,408

Total current assets

971,584

535,539

765,045

735,106

704,368

707,514

702,158

678,078

651,109

264,818

234,222

218,215

198,366

205,911

192,701

186,707

178,549

171,046

162,534

158,498

158,853

159,789

167,177

167,835

179,775

126,748

41,634

44,795

Property and equipment, net

97,924

89,230

84,123

78,549

74,203

70,205

60,200

55,076

50,131

43,298

41,638

36,613

34,161

31,994

31,139

29,103

27,489

28,160

29,084

28,532

26,697

25,527

25,862

24,515

19,164

16,660

17,301

17,008

Operating lease right-of-use-assets

38,820

39,269

41,302

34,341

31,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

109,942

132,188

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred and prepaid sales commission costs, non-current

471,120

462,344

78,629

69,883

59,098

55,735

50,263

47,085

40,140

37,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

54,830

55,278

54,743

55,613

55,373

31,238

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

9,393

-

-

-

-

-

-

-

-

Acquired intangibles, net

118,524

127,338

25,839

28,514

30,634

19,480

8,366

21,128

22,377

1,462

1,612

1,763

1,989

2,244

2,500

2,755

3,011

3,266

3,522

3,777

-

-

-

-

-

-

-

-

Other assets

9,176

9,561

9,798

10,194

10,307

10,154

11,463

2,569

2,328

2,972

2,575

2,633

3,025

3,087

3,064

3,237

3,150

2,948

2,681

2,694

2,609

3,021

2,866

2,053

1,860

1,777

1,828

1,551

Total assets

1,871,920

1,450,747

1,059,479

1,012,200

965,702

894,326

841,843

813,329

775,478

359,814

289,440

268,617

246,934

252,629

238,797

231,195

221,592

214,813

207,214

202,894

188,159

188,337

195,905

194,403

200,799

145,185

60,763

63,354

Liabilities and Stockholders' Equity
Current liabilities
Accounts payable

35,306

34,612

22,443

21,161

19,366

10,145

6,017

6,366

4,256

7,322

9,956

5,556

4,738

7,810

4,701

2,016

2,798

5,196

4,162

6,022

4,923

4,181

5,700

4,253

2,706

4,414

6,494

4,553

Accrued liabilities

162,286

138,729

140,535

121,075

115,363

100,687

85,714

76,382

64,562

54,977

53,668

49,720

51,890

48,322

46,368

44,705

41,574

34,702

37,391

35,952

32,804

29,236

31,659

25,804

29,826

20,559

20,484

21,487

Current portion of capital lease obligation

-

-

-

-

-

-

943

943

1,252

-

-

-

-

181

181

273

276

269

262

255

377

509

615

920

356

347

338

312

Deferred revenue

110,178

107,372

105,159

103,362

93,828

88,527

80,024

73,240

68,037

62,917

57,696

53,367

49,368

45,159

42,738

42,105

39,032

36,657

34,286

31,026

28,325

25,586

23,415

20,171

18,315

16,552

15,573

11,291

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

14,528

14,528

3,750

3,750

3,750

3,750

14,491

14,434

16,764

18,489

9,105

9,714

9,871

9,617

7,636

Total current liabilities

307,770

280,713

268,137

245,598

228,557

199,359

172,698

156,931

138,107

125,216

121,320

108,643

105,996

116,000

108,516

92,849

87,430

80,574

79,851

87,746

80,863

76,276

79,878

60,253

60,917

51,743

52,506

45,279

Convertible senior notes, net

1,041,991

386,889

381,701

376,583

371,534

366,552

361,637

356,788

352,004

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

27,027

28,516

31,097

24,911

23,693

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

312

1,250

12,965

13,903

14,840

15,778

5,938

6,875

7,813

8,750

20,494

22,257

24,356

27,777

12,428

Sales tax liability

-

-

-

-

-

-

-

-

-

-

2,767

3,077

3,077

-

3,527

3,527

3,670

3,670

3,887

3,887

3,887

3,953

3,953

3,939

3,952

3,988

4,003

3,877

Capital lease obligation

-

-

-

-

-

-

2,829

2,829

3,261

-

-

-

-

-

-

-

86

181

273

363

450

535

618

699

125

247

365

703

Other long-term liabilities

4,708

8,929

9,050

9,541

10,694

10,806

5,232

5,757

6,240

6,252

3,409

3,175

3,377

6,276

3,402

3,939

5,374

5,416

4,540

4,812

3,660

3,255

2,771

3,193

1,786

1,336

1,422

996

Total liabilities

1,381,496

705,047

689,985

656,633

634,478

576,717

542,396

522,305

499,612

131,468

127,496

114,895

112,450

122,588

116,695

113,280

110,463

104,681

104,329

102,746

95,735

91,832

95,970

88,578

89,037

81,670

86,073

63,283

Commitments and contingencies (Note 8)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity
Preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74,020

Common stock

9

9

8

8

8

7

8

8

8

7

8

8

7

-

7

7

7

-

7

7

7

-

7

7

7

-

5

-

Additional paid-in capital

840,115

1,033,053

633,188

604,770

571,426

551,078

526,891

508,728

484,854

434,840

418,588

404,742

378,521

366,800

351,784

340,283

326,860

319,792

306,045

297,225

281,083

274,844

268,189

262,447

254,824

193,574

91,228

9,791

Accumulated other comprehensive income

331

1,948

351

2,093

1,851

2,226

2,573

2,795

3,220

2,998

2,903

2,815

2,768

2,737

2,868

2,203

1,069

527

86

-167

40

-251

-286

-640

-410

-310

-154

-85

Accumulated deficit

-350,031

-289,310

-264,053

-251,304

-242,061

-235,703

-230,025

-220,507

-212,216

-209,500

-259,555

-253,843

-246,812

-239,503

-232,557

-224,578

-216,807

-210,194

-203,253

-196,917

-188,706

-178,095

-167,975

-155,989

-142,659

-129,755

-116,389

-83,657

Total stockholders' equity

490,424

745,700

369,494

355,567

331,224

317,609

299,447

291,024

275,866

228,346

161,944

153,722

134,484

130,041

122,102

117,915

111,129

110,132

102,885

100,148

92,424

96,505

99,935

105,825

111,762

63,515

-25,310

71

Total liabilities and stockholders' equity

1,871,920

1,450,747

1,059,479

1,012,200

965,702

894,326

841,843

813,329

775,478

359,814

289,440

268,617

246,934

252,629

238,797

231,195

221,592

214,813

207,214

202,894

188,159

188,337

195,905

194,403

200,799

145,185

60,763

63,354

Class B common stock
Common stock

-

-

-

-

-

1

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-