Rackspace Technology Inc - Asset Resilience Ratio

Latest as of June 2024: 1.47%

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.

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 Trend (2018–2023)

This chart shows how Rackspace Technology Inc's Asset Resilience Ratio has changed over time. Check RXT capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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 Rackspace Technology Inc (RXT) total market value.

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
NortonLifeLock Inc
F:SYM
Software - Infrastructure 0.00%
360 Security Technology Inc
SHG:601360
Software - Infrastructure 4.76%
Klarna Group plc
NYSE:KLAR
Software - Infrastructure 3.16%
Topicus.com Inc
V:TOI
Software - Infrastructure 0.00%
Qi An Xin Technology Group Inc
SHG:688561
Software - Infrastructure 1.17%
Eastcompeace Technology Co Ltd
SHE:002017
Software - Infrastructure -1.64%
DBAPPSecurity Co Ltd
SHG:688023
Software - Infrastructure 3.24%
Beijing VRV Software Corp Ltd
SHE:300352
Software - Infrastructure 0.72%

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 --
pp = percentage points

About Rackspace Technology Inc

NASDAQ:RXT USA Software - Infrastructure
Market Cap
$1.03 Billion
Market Cap Rank
#8641 Global
#2480 in USA
Share Price
$4.13
Change (1 day)
-1.90%
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