Rackspace Technology Inc Asset Resilience Ratio

Latest as of June 2024: 1.47%

Rackspace Technology Inc asset resilience ratio. Rackspace Technology Inc (RXT) has an Asset Resilience Ratio of 1.47% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See RXT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

$49.90 Million
Cash + Short-term Investments

Total Assets

$3.39 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Rackspace Technology Inc (2018–2023)

Asset resilience ratio of Rackspace Technology Inc from 2018 to 2023. This chart shows how Rackspace Technology Inc's Asset Resilience Ratio has changed over time. Read Rackspace Technology Inc debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Rackspace Technology Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see how large is Rackspace Technology Inc's balance sheet.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $49.90 Million 1.47%
Total Liquid Assets $49.90 Million 1.47%

Asset Resilience Insights

  • Limited Liquidity: Rackspace Technology Inc maintains only 1.47% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Rackspace Technology Inc Industry Peers by Asset Resilience Ratio

Compare Rackspace Technology Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Synopsys Inc
NASDAQ:SNPS
Software - Infrastructure 0.16%
Oracle Financial Services Software Limited
NSE:OFSS
Software - Infrastructure 44.49%
TIZA Information Industry Corporation Inc
SHE:300209
Software - Infrastructure 0.25%
Qi An Xin Technology Group Inc
SHG:688561
Software - Infrastructure 1.17%
Keyware Technologies NV
BR:KEYW
Software - Infrastructure -30.34%
DATRIX S.P.A.
F:BW6
Software - Infrastructure 0.97%
Spirent Communications plc
LSE:SPT
Software - Infrastructure 0.01%
Adslot Ltd
AU:ADS
Software - Infrastructure 21.42%

Rackspace Technology Inc Asset Resilience Ratio by Year (2018–2023)

Rackspace Technology Inc asset resilience ratio by year from 2018 to 2023. The table below shows the annual Asset Resilience Ratio data for Rackspace Technology Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 1.15% $47.00 Million $4.10 Billion +0.34pp
2022-12-31 0.81% $44.30 Million $5.46 Billion +0.79pp
2021-12-31 0.02% $1.50 Million $6.33 Billion -0.12pp
2018-12-31 0.14% $8.70 Million $6.11 Billion --
pp = percentage points

About Rackspace Technology Inc

NASDAQ:RXT USA Software - Infrastructure
Market Cap
$669.16 Million
Market Cap Rank
#10414 Global
#2802 in USA
Share Price
$2.69
Change (1 day)
+14.01%
52-Week Range
$0.41 - $7.53
All Time High
$26.07
About

Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; pl… Read more