Rackspace Net Debt from 2010 to 2024

RXT Stock  USD 2.68  0.04  1.52%   
Rackspace Technology Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt will likely drop to about 3 B in 2024. Net Debt is the total debt of Rackspace Technology minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2019-12-31
Previous Quarter
3.2 B
Current Value
3.2 B
Quarterly Volatility
347.6 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 Net Debt Growth Pattern

Below is the plot of the Net Debt of Rackspace Technology over the last few years. It is 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. Rackspace Technology's Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Rackspace Net Debt Regression Statistics

Arithmetic Mean3,879,590,222
Geometric Mean3,864,138,604
Coefficient Of Variation8.78
Mean Deviation250,521,007
Median4,044,600,000
Standard Deviation340,678,808
Sample Variance116062.1T
Range1.2B
R-Value(0.72)
Mean Square Error60890.1T
R-Squared0.51
Significance0
Slope(54,553,310)
Total Sum of Squares1624868.7T

Rackspace Net Debt History

2024B
20233.2 B
20223.7 B
20213.8 B
20203.9 B
20194.2 B

Other Fundumenentals of Rackspace Technology

Rackspace Technology Net Debt component correlations

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-0.250.00.83-0.5-0.530.8-0.660.89-0.2-0.42-0.43-0.430.930.780.560.8-0.710.78-0.270.580.450.53
-0.4-0.210.83-0.68-0.680.85-0.840.9-0.26-0.63-0.58-0.650.860.840.140.95-0.830.84-0.250.540.620.54
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0.930.83-0.53-0.680.97-0.890.94-0.590.860.950.980.76-0.64-0.910.15-0.650.96-0.910.82-0.9-0.96-0.94
-0.71-0.550.80.85-0.82-0.89-0.880.82-0.64-0.76-0.84-0.810.860.950.160.8-0.970.95-0.670.890.850.89
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-0.26-0.090.890.9-0.54-0.590.82-0.73-0.14-0.49-0.45-0.510.930.740.330.9-0.750.74-0.210.520.440.55
0.970.93-0.2-0.260.830.86-0.640.66-0.140.820.920.65-0.29-0.680.19-0.20.72-0.680.96-0.85-0.9-0.87
0.910.83-0.42-0.630.990.95-0.760.93-0.490.820.910.63-0.54-0.820.23-0.590.87-0.820.77-0.75-0.9-0.82
0.970.87-0.43-0.580.930.98-0.840.88-0.450.920.910.74-0.5-0.890.25-0.560.92-0.890.85-0.93-0.99-0.93
0.70.65-0.43-0.650.70.76-0.810.65-0.510.650.630.74-0.61-0.68-0.03-0.460.77-0.680.7-0.7-0.79-0.75
-0.35-0.180.930.86-0.62-0.640.86-0.710.93-0.29-0.54-0.5-0.610.760.540.77-0.770.76-0.410.580.510.63
-0.76-0.550.780.84-0.87-0.910.95-0.940.74-0.68-0.82-0.89-0.680.760.030.83-0.981.0-0.640.890.90.84
0.30.40.560.140.140.150.160.140.330.190.230.25-0.030.540.030.00.020.03-0.030.0-0.210.0
-0.36-0.160.80.95-0.62-0.650.8-0.850.9-0.2-0.59-0.56-0.460.770.830.0-0.810.83-0.150.540.570.51
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0.910.89-0.27-0.250.790.82-0.670.6-0.210.960.770.850.7-0.41-0.64-0.03-0.150.7-0.64-0.83-0.83-0.89
-0.86-0.720.580.54-0.79-0.90.89-0.780.52-0.85-0.75-0.93-0.70.580.890.00.54-0.90.89-0.830.910.96
-0.95-0.840.450.62-0.93-0.960.85-0.880.44-0.9-0.9-0.99-0.790.510.9-0.210.57-0.920.9-0.830.910.9
-0.9-0.810.530.54-0.85-0.940.89-0.80.55-0.87-0.82-0.93-0.750.630.840.00.51-0.90.84-0.890.960.9
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About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Net Debt, 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
Net Debt3.2 BB
Net Debt To EBITDA(21.24)(20.18)

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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.