Rackspace Technology Inc (RXT) — Working Capital to Net Assets Ratio
Rackspace Technology Inc (RXT) has a Working Capital to Net Assets ratio of 20.6% as of March 2026. Working capital of $-250.50 Million (current assets of $535.10 Million minus current liabilities of $785.60 Million) is measured against net assets of $-1.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See RXT financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rackspace Technology Inc Working Capital to Net Assets (2018–2025)
This chart shows how Rackspace Technology Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 20.6%, reflecting working capital of $-250.50 Million against net assets of $-1.22 Billion USD. See defensive interval ratio of Rackspace Technology Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Rackspace Technology Inc (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rackspace Technology Inc from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Rackspace Technology Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 20.4% | $-248.90 Million | $-1.22 Billion | $517.80 Million | $766.70 Million | ▲ +5.7 pp |
| 2024 | 14.7% | $-147.80 Million | $-1.00 Billion | $618.80 Million | $766.60 Million | ▼ -25.0 pp |
| 2023 | 39.7% | $-61.40 Million | $-154.50 Million | $738.10 Million | $799.50 Million | ▲ +5.3 pp |
| 2022 | 34.4% | $216.70 Million | $629.50 Million | $1.07 Billion | $856.50 Million | ▲ +23.0 pp |
| 2021 | 11.5% | $152.10 Million | $1.33 Billion | $989.50 Million | $837.40 Million | ▲ +10.3 pp |
| 2020 | 1.2% | $16.30 Million | $1.38 Billion | $758.50 Million | $742.20 Million | ▲ +15.4 pp |
| 2019 | -14.3% | $-128.20 Million | $898.80 Million | $543.70 Million | $671.90 Million | ▼ -19.6 pp |
| 2018 | 5.4% | $48.80 Million | $907.80 Million | $614.30 Million | $565.50 Million | — |