Rackspace Technology Inc Tangible Net Worth Ratio
Rackspace Technology Inc tangible net worth ratio. Rackspace Technology Inc (RXT) has a Tangible Net Worth Ratio of -3520.7% as of June 2023. This metric is calculated by deducting intangible assets ($1.16 Billion) from net assets ($31.90 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Rackspace Technology Inc (RXT) strategic investment index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Rackspace Technology Inc (2018–2022)
Tangible net worth ratio of Rackspace Technology Inc from 2018 to 2022. This chart shows how Rackspace Technology Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at -3520.7%, reflecting net assets of $31.90 Million with intangible assets of $1.16 Billion USD. See how liquid is Rackspace Technology Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Rackspace Technology Inc Tangible Net Worth Ratio by Year (2018–2022)
Rackspace Technology Inc tangible net worth ratio by year from 2018 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Rackspace Technology Inc from 2018 to 2022, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Rackspace Technology Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -96.3% | $629.50 Million | $1.24 Billion | $5.46 Billion | ▼ -85.9 pp |
| 2021 | -10.5% | $1.33 Billion | $1.47 Billion | $6.33 Billion | ▲ +8.5 pp |
| 2020 | -19.0% | $1.38 Billion | $1.65 Billion | $6.38 Billion | ▲ +83.2 pp |
| 2019 | -102.2% | $898.80 Million | $1.82 Billion | $6.27 Billion | ▲ +10.5 pp |
| 2018 | -112.7% | $907.80 Million | $1.93 Billion | $6.11 Billion | — |