Rackspace Net Debt vs Net Working Capital Analysis

RXT Stock  USD 2.61  0.13  5.24%   
Rackspace Technology financial indicator trend analysis is much more than just breaking down Rackspace Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rackspace Technology is a good investment. Please check the relationship between Rackspace Technology Net Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rackspace Technology Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rackspace Technology's Net Debt and Net Working Capital is 0.14. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Rackspace Technology, assuming nothing else is changed. The correlation between historical values of Rackspace Technology's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Rackspace Technology are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Rackspace Technology's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

Most indicators from Rackspace Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rackspace Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.At this time, Rackspace Technology's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, despite the fact that Enterprise Value Multiple is likely to grow to (22.91).
 2021 2022 2023 2024 (projected)
Interest Expense205.1M208.5M221.6M198.6M
Depreciation And Amortization490.7M447.6M442.9M439.8M

Rackspace Technology fundamental ratios Correlations

-0.45-0.66-0.620.93-0.28-0.810.7-0.220.88-0.58-0.690.84-0.59-0.56-0.520.36-0.8-0.590.85-0.290.82-0.710.920.00.82
-0.450.890.9-0.550.950.79-0.250.89-0.40.910.93-0.710.050.980.390.00.780.05-0.260.97-0.750.87-0.440.84-0.57
-0.660.890.96-0.780.80.85-0.480.74-0.70.990.97-0.810.20.910.41-0.330.960.2-0.570.79-0.850.99-0.730.65-0.76
-0.620.90.96-0.770.750.9-0.590.78-0.70.980.96-0.870.020.950.38-0.270.940.02-0.560.84-0.920.98-0.70.6-0.82
0.93-0.55-0.78-0.77-0.37-0.890.84-0.430.95-0.75-0.810.94-0.32-0.68-0.610.37-0.9-0.320.94-0.410.9-0.840.94-0.080.94
-0.280.950.80.75-0.370.620.00.89-0.210.810.83-0.550.020.890.380.170.630.02-0.090.93-0.530.75-0.230.92-0.35
-0.810.790.850.9-0.890.62-0.750.69-0.750.840.93-0.970.240.890.66-0.280.90.24-0.750.72-0.960.91-0.830.33-0.94
0.7-0.25-0.48-0.590.840.0-0.75-0.260.83-0.5-0.530.8-0.02-0.44-0.510.43-0.66-0.020.89-0.20.79-0.590.810.280.92
-0.220.890.740.78-0.430.890.69-0.26-0.260.80.82-0.65-0.290.90.550.210.6-0.29-0.240.93-0.580.74-0.240.74-0.48
0.88-0.4-0.7-0.70.95-0.21-0.750.83-0.26-0.68-0.680.85-0.23-0.54-0.380.4-0.84-0.230.9-0.260.83-0.760.910.010.86
-0.580.910.990.98-0.750.810.84-0.50.8-0.680.97-0.820.040.930.4-0.260.940.04-0.540.83-0.850.98-0.670.67-0.75
-0.690.930.970.96-0.810.830.93-0.530.82-0.680.97-0.890.160.970.54-0.190.940.16-0.590.86-0.90.98-0.710.62-0.8
0.84-0.71-0.81-0.870.94-0.55-0.970.8-0.650.85-0.82-0.89-0.14-0.84-0.660.17-0.88-0.140.82-0.640.95-0.880.82-0.250.93
-0.590.050.20.02-0.320.020.24-0.02-0.29-0.230.040.16-0.140.030.16-0.490.291.0-0.27-0.11-0.210.17-0.5-0.1-0.22
-0.560.980.910.95-0.680.890.89-0.440.9-0.540.930.97-0.840.030.49-0.050.850.03-0.440.95-0.850.92-0.560.71-0.72
-0.520.390.410.38-0.610.380.66-0.510.55-0.380.40.54-0.660.160.490.050.440.16-0.670.35-0.450.46-0.47-0.01-0.59
0.360.0-0.33-0.270.370.17-0.280.430.210.4-0.26-0.190.17-0.49-0.050.05-0.46-0.490.420.110.36-0.340.650.20.48
-0.80.780.960.94-0.90.630.9-0.660.6-0.840.940.94-0.880.290.850.44-0.460.29-0.730.66-0.930.98-0.880.43-0.88
-0.590.050.20.02-0.320.020.24-0.02-0.29-0.230.040.16-0.141.00.030.16-0.490.29-0.27-0.11-0.210.17-0.5-0.1-0.22
0.85-0.26-0.57-0.560.94-0.09-0.750.89-0.240.9-0.54-0.590.82-0.27-0.44-0.670.42-0.73-0.27-0.140.73-0.650.890.230.88
-0.290.970.790.84-0.410.930.72-0.20.93-0.260.830.86-0.64-0.110.950.350.110.66-0.11-0.14-0.670.78-0.290.84-0.49
0.82-0.75-0.85-0.920.9-0.53-0.960.79-0.580.83-0.85-0.90.95-0.21-0.85-0.450.36-0.93-0.210.73-0.67-0.910.86-0.30.94
-0.710.870.990.98-0.840.750.91-0.590.74-0.760.980.98-0.880.170.920.46-0.340.980.17-0.650.78-0.91-0.790.56-0.84
0.92-0.44-0.73-0.70.94-0.23-0.830.81-0.240.91-0.67-0.710.82-0.5-0.56-0.470.65-0.88-0.50.89-0.290.86-0.790.020.92
0.00.840.650.6-0.080.920.330.280.740.010.670.62-0.25-0.10.71-0.010.20.43-0.10.230.84-0.30.560.02-0.06
0.82-0.57-0.76-0.820.94-0.35-0.940.92-0.480.86-0.75-0.80.93-0.22-0.72-0.590.48-0.88-0.220.88-0.490.94-0.840.92-0.06
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Rackspace Technology Account Relationship Matchups

Rackspace Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding204.1M179.6M208M211.2M215.3M165.2M
Total Assets6.3B6.4B6.3B5.5B4.1B4.6B
Short Long Term Debt Total4.3B4.0B4.0B3.9B3.4B3.2B
Other Current Liab214.7M185M173.3M166.9M129.2M142.2M
Total Current Liabilities671.9M742.2M837.4M869.1M799.5M822.4M
Total Stockholder Equity898.8M1.4B1.3B629.5M(154.5M)(146.8M)
Other Liab393M317.8M330.2M193.3M174.0M263.0M
Net Tangible Assets(3.7B)(3.0B)(2.8B)(2.8B)(3.2B)(3.3B)
Property Plant And Equipment Net1.0B1.1B988.5M766.3M735.1M734.5M
Current Deferred Revenue66.6M76.7M98.6M80.9M78.8M84.2M
Net Debt4.2B3.9B3.8B3.7B3.2B3.0B
Retained Earnings(717.5M)(963.3M)(1.2B)(2.0B)(2.8B)(2.7B)
Accounts Payable260.4M285.4M369.5M447.3M432.7M371.9M
Cash83.8M104.7M272.8M241M196.8M211.5M
Non Current Assets Total5.7B5.6B5.3B4.4B3.4B4.0B
Non Currrent Assets Other129.4M156.2M177.4M5.5M150.3M104.4M
Other Assets129.4M328M177.4M145.6M167.4M205.0M
Long Term Debt3.8B3.3B3.3B3.3B2.8B2.7B
Cash And Short Term Investments83.8M104.7M272.8M241M196.8M211.5M
Net Receivables350.3M483M554.3M622.2M350.4M480.5M
Good Will2.7B2.8B2.7B2.2B1.5B1.9B
Liabilities And Stockholders Equity6.3B6.4B6.3B5.5B4.1B4.6B
Non Current Liabilities Total4.7B4.3B4.2B4.0B3.5B3.4B
Capital Lease Obligations444.1M661.4M584.9M581.3M570.8M583.0M
Inventory76.2M123.8M110M97.3M(47.0M)(44.6M)
Other Current Assets33.4M170.8M162.4M222.6M190.9M151.2M
Other Stockholder Equity1.6B2.4B2.5B2.5B2.6B2.4B
Total Liab5.4B5.0B5.0B4.8B4.3B4.0B
Net Invested Capital4.8B4.7B4.7B3.9B2.7B3.4B
Property Plant And Equipment Gross1.0B1.1B988.5M766.3M2.2B1.3B
Total Current Assets543.7M758.5M989.5M1.1B738.1M867.1M
Accumulated Other Comprehensive Income12M(18.6M)6.9M71.4M60.3M63.3M
Non Current Liabilities Other187.6M145.5M187.3M105.7M97.4M142.5M
Net Working Capital(128.2M)16.3M152.1M216.7M(61.4M)(58.3M)
Short Term Debt130.2M195.1M196M161.4M158.8M168.4M
Intangible Assets1.8B1.6B1.5B1.2B1.0B1.2B

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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.