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. Check strategic asset allocation of Rackspace Technology Inc to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Rackspace Technology Inc's Asset Resilience Ratio has changed over time. See how leveraged is Rackspace Technology Inc's balance sheet to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see market value of Rackspace Technology Inc.
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 |
|---|---|---|
|
Oracle Corporation
NYSE:ORCL |
Software - Infrastructure | 0.23% |
|
Inesa Intelligent Tech Inc A
SHG:600602 |
Software - Infrastructure | 1.50% |
|
Beijing Venustech Inc
SHE:002439 |
Software - Infrastructure | 2.55% |
|
Megaport Ltd
AU:MP1 |
Software - Infrastructure | 22.07% |
|
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377 |
Software - Infrastructure | 5.73% |
|
Quantum eMotion Corp.
V:QNC |
Software - Infrastructure | 88.75% |
|
Webus International Limited Ordinary Shares
NASDAQ:WETO |
Software - Infrastructure | 5.64% |
|
Martello Technologies Group Inc
V:MTLO |
Software - Infrastructure | 1.36% |
Annual Asset Resilience Ratio for Rackspace Technology Inc (2018–2023)
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 | -- |
About Rackspace Technology Inc
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