More natural options:
* "The briefcase with the ringing phone inside is yours." This is a more direct and natural way to express the same idea.
* "Your briefcase has a phone ringing inside." This is a bit more concise.
* "The phone inside your briefcase is ringing." This is the most straightforward and clear option.
The original sentence is technically correct because it follows the subject-verb-object structure, but it sounds a bit strange because it places emphasis on the briefcase being "yours" rather than the phone ringing.