Rackspace Cash And Short Term Investments from 2010 to 2024

RXT Stock  USD 2.55  0.03  1.16%   
Rackspace Technology Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2019-12-31
Previous Quarter
190.2 M
Current Value
157.1 M
Quarterly Volatility
60.9 M
 
Covid
Check Rackspace Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackspace Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.8 M, Interest Expense of 198.6 M or Selling General Administrative of 686.5 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0 or Days Sales Outstanding of 45.43. Rackspace financial statements analysis is a perfect complement when working with Rackspace Technology Valuation or Volatility modules.
  
Check out the analysis of Rackspace Technology Correlation against competitors.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Latest Rackspace Technology's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Rackspace Technology over the last few years. Short Term Investments is an account in the current assets section of Rackspace Technology balance sheet. This account contains Rackspace Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rackspace Technology fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Rackspace Technology's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rackspace Technology's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Rackspace Cash And Short Term Investments Regression Statistics

Arithmetic Mean226,617,111
Geometric Mean216,385,284
Coefficient Of Variation25.19
Mean Deviation41,294,904
Median254,300,000
Standard Deviation57,081,531
Sample Variance3258.3T
Range189M
R-Value(0.40)
Mean Square Error2949.3T
R-Squared0.16
Significance0.14
Slope(5,097,155)
Total Sum of Squares45616.2T

Rackspace Cash And Short Term Investments History

2024211.5 M
2023196.8 M
2022241 M
2021272.8 M
2020104.7 M
201983.8 M

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Rackspace Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Rackspace Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rackspace Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments196.8 M211.5 M

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Additional Tools for Rackspace Stock Analysis

When running Rackspace Technology's price analysis, check to measure Rackspace Technology'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 Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.