RNG NYSE
Credit Risk of going bust: higher than 64% of companies Debt: 14.0% of company value Bonds: $27.3M held by 49 funds, 285 bp over Treasuries → details ▾
If the stock fell to about $1.87 (down 98%), RingCentral, Inc. would be worth roughly what it owes.
Total debt $1.03B against a stock market value of $6.36B.
Distance to default 3.88 (Merton model): prices to 2026-10-26, balance sheet 2026-09-30, debt counted $529.7M (short-term plus half of long-term), stock volatility 67.1%; Altman Z'' -0.93. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Belmont, CA 94002
US
RingCentral, Inc. delivers sophisticated cloud-based software-as-a-service (SaaS) solutions designed to empower businesses across North America to communicate, collaborate, and connect seamlessly. These core offerings, including both unified communications and comprehensive contact center capabilities, are built upon the company's proprietary "Message Video Phone" (MVP) platform. Its extensive product portfolio features "RingCentral Office," a robust platform enabling communication and collaboration through high-definition voice, video, SMS, team messaging, conferencing, online meetings, and fax. For customer service operations, the "RingCentral Contact Center" provides a collaborative, omnichannel solution, complemented by "RingCentral Engage Digital" for enterprise-level digital customer interactions, and "RingCentral Engage Voice" for cloud-based outbound and blended customer engagement catering to midsize and large organizations. Furthermore, "RingCentral Video" offers dedicated video meeting services with integrated team messaging, audio/video conferencing, file sharing, and management tools. Specialized solutions include "RingCentral Professional," a virtual cloud telephone service for inbound call management, and "RingCentral Fax" for online faxing. The company caters to a diverse array of industries, such as financial services, education, healthcare, real estate, retail, technology, and government sectors. Its go-to-market strategy involves both direct sales representatives and a broad ecosystem of sales agents, resellers, and channel partners. Founded in 1999 and headquartered in Belmont, California, RingCentral has also forged strategic alliances with key industry players, including Alcatel-Lucent Enterprise and Vodafone Business.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Shenkan Amy Guggenhe | S-Sale | 1,264 | $78.89 | 2026-10-02 |
| Makagon Kira | S-Sale | 36,185 | $70.11 | 2026-09-14 |
| Arora Tarun | S-Sale | 1,493 | $69.69 | 2026-09-09 |
| Arora Tarun | S-Sale | 2,679 | $70.74 | 2026-09-09 |
| Arora Tarun | S-Sale | 954 | $77.00 | 2026-09-03 |