Rackspace Technology Financials

RXT Stock  USD 2.63  0.27  9.31%   
Based on the key measurements obtained from Rackspace Technology's financial statements, Rackspace Technology may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Rackspace Technology's Long Term Debt is comparatively stable compared to the past year. Net Receivables is likely to gain to about 480.5 M in 2025, despite the fact that Total Stockholder Equity is likely to grow to (132.1 M). Key indicators impacting Rackspace Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.840.83
Fairly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Rackspace Technology includes many different criteria found on its balance sheet. An individual investor should monitor Rackspace Technology's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rackspace Technology.

Net Income

(716.32 Million)

  
Please note, the imprecision that can be found in Rackspace Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rackspace Technology. Check Rackspace Technology's Beneish M Score to see the likelihood of Rackspace Technology's management manipulating its earnings.

Rackspace Technology Stock Summary

Rackspace Technology competes with GigaCloud Technology, Alarum Technologies, Stem, Pagaya Technologies, and Tenable Holdings. Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas. Rackspace Technology operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 6600 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7501021056
CUSIP750102105
LocationTexas; U.S.A
Business Address1 Fanatical Place,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.rackspace.com
Phone210 312 4000
CurrencyUSD - US Dollar

Rackspace Technology Key Financial Ratios

Rackspace Technology Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets6.4B6.3B5.5B4.1B3.7B4.6B
Other Current Liab185M173.3M166.9M129.2M116.3M142.2M
Other Liab393M317.8M330.2M193.3M174.0M263.0M
Net Tangible Assets(3.7B)(3.0B)(2.8B)(2.8B)(3.2B)(3.3B)
Net Debt3.9B3.8B3.7B3.2B2.9B3.0B
Retained Earnings(963.3M)(1.2B)(2.0B)(2.8B)(2.5B)(2.4B)
Accounts Payable285.4M369.5M447.3M432.7M497.6M371.9M
Cash104.7M272.8M241M196.8M226.3M211.5M
Other Assets129.4M328M177.4M145.6M167.4M205.0M
Long Term Debt3.3B3.3B3.3B2.8B2.6B2.7B
Net Receivables483M554.3M622.2M350.4M403.0M480.5M
Good Will2.8B2.7B2.2B1.5B1.3B1.9B
Inventory123.8M110M97.3M(47.0M)(42.3M)(40.2M)
Other Current Assets170.8M162.4M222.6M190.9M219.5M151.2M
Total Liab5.0B5.0B4.8B4.3B3.8B4.0B
Net Invested Capital4.7B4.7B3.9B2.7B2.4B3.4B
Total Current Assets758.5M989.5M1.1B738.1M848.8M867.1M
Net Working Capital16.3M152.1M216.7M(61.4M)(70.6M)(67.1M)
Short Term Debt195.1M196M161.4M158.8M182.6M168.4M
Intangible Assets1.6B1.5B1.2B1.0B917.1M1.2B

Rackspace Technology Key Income Statement Accounts

The reason investors look at the income statement is to determine what Rackspace Technology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Tax Provision(66.2M)(30.8M)(92.9M)(89.2M)(102.6M)(107.7M)
Net Interest Income(268.4M)(205.1M)(208.5M)(226.3M)(260.2M)(273.3M)
Interest Expense268.4M205.1M208.5M221.6M199.4M198.6M
Total Revenue2.7B3.0B3.1B3.0B3.4B3.0B
Gross Profit984.4M936.8M856.9M648.6M583.7M712.6M
Operating Income24.7M29M(8.4M)(899.4M)(809.5M)(769.0M)
Ebit(57.8M)(69.3M)(695.8M)(592.8M)(533.5M)(506.8M)
Ebitda479.1M421.4M(248.2M)(149.9M)(134.9M)(128.2M)
Cost Of Revenue1.7B2.1B2.3B2.3B2.7B2.0B
Income Before Tax(312M)(249.1M)(897.7M)(854.4M)(769.0M)(730.5M)
Net Income(245.8M)(218.3M)(804.8M)(837.8M)(754.0M)(716.3M)
Income Tax Expense(66.2M)(30.8M)(92.9M)(16.6M)(19.1M)(20.0M)
Research Development36.7M28.3M24.5M43.7M39.3M30.3M

Rackspace Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rackspace Technology's current stock value. Our valuation model uses many indicators to compare Rackspace Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rackspace Technology competition to find correlations between indicators driving Rackspace Technology's intrinsic value. More Info.
Rackspace Technology is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Rackspace Technology's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Rackspace Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Rackspace Technology Systematic Risk

Rackspace Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rackspace Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Rackspace Technology correlated with the market. If Beta is less than 0 Rackspace Technology generally moves in the opposite direction as compared to the market. If Rackspace Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rackspace Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rackspace Technology is generally in the same direction as the market. If Beta > 1 Rackspace Technology moves generally in the same direction as, but more than the movement of the benchmark.

Rackspace Technology Thematic Clasifications

Rackspace Technology is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
SoftwareView
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
Today, most investors in Rackspace Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rackspace Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rackspace Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.27)

At this time, Rackspace Technology's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Rackspace Technology February 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rackspace Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rackspace Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rackspace Technology based on widely used predictive technical indicators. In general, we focus on analyzing Rackspace Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rackspace Technology's daily price indicators and compare them against related drivers.

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.