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RingCentral (RingCentral) Tax Rate % : -4.74% (As of Dec. 2023)


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What is RingCentral Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RingCentral's Tax Expense for the three months ended in Dec. 2023 was $2 Mil. RingCentral's Pre-Tax Income for the three months ended in Dec. 2023 was $-45 Mil. Therefore, RingCentral's Tax Rate % for the quarter that ended in Dec. 2023 was -4.74%.

RingCentral Tax Rate % Historical Data

The historical data trend for RingCentral's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RingCentral Tax Rate % Chart

RingCentral Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 -1.14 -0.68 -0.58 -5.35

RingCentral Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.79 -6.01 -47.86 8.24 -4.74

RingCentral Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

RingCentral's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=8.395/-156.845
=-5.35 %

RingCentral's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=2.137/-45.106
=-4.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RingCentral Tax Rate % Related Terms

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RingCentral (RingCentral) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (NYSE:RNG) » Definitions » Tax Rate %
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Traded in Other Exchanges
3RCA:Germany
Address
20 Davis Drive, Belmont, CA, USA, 94002
Website
https://www.ringcentral.com
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.
Executives
Sonalee Elizabeth Parekh officer: Chief Financial Officer 767 FIFTH AVENUE, NEW YORK NY 10153
Vladimir Shmunis director, 10 percent owner, officer: CEO and Chairman C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow officer: SVP & General Counsel C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Vaibhav Agarwal officer: Chief Accounting Officer 20 DAVIS DRIVE, BELMONT CA 94002
Mohammed Katibeh officer: Chief Operating Officer 20 DAVIS DRIVE, BELMONT CA 94002
Tarek Robbiati director 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Sri Srinivasan director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Mitesh Dhruv officer: CFO 34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran officer: President & COO 20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah officer: SVP, Strategy C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Robert I Theis director
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan director 182 N. UNION AVENUE, FARMINGTON UT 84025
Allan C. Thygesen director 20 DAVIS DRIVE, BELMONT CA 94002