Rackspace Technology Inc (RXT)
2.01
+0.05
(+2.55%)
USD |
NASDAQ |
May 10, 10:52
Rackspace Technology Debt to Equity Ratio: -18.53 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -18.53 |
| September 30, 2023 | -16.73 |
| June 30, 2023 | 100.23 |
| March 31, 2023 | 134.92 |
| December 31, 2022 | 5.272 |
| September 30, 2022 | 4.073 |
| June 30, 2022 | 2.562 |
| March 31, 2022 | 2.477 |
| December 31, 2021 | 2.512 |
| Date | Value |
|---|---|
| September 30, 2021 | 2.435 |
| June 30, 2021 | 2.417 |
| March 31, 2021 | 2.469 |
| December 31, 2020 | 2.430 |
| September 30, 2020 | 2.458 |
| June 30, 2020 | 5.115 |
| March 31, 2020 | 4.921 |
| December 31, 2019 | 4.309 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-18.53
Minimum
Dec 2023
134.92
Maximum
Mar 2023
14.31
Average
2.512
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Synchronoss Technologies Inc | 1.594 |
| Cognizant Technology Solutions Corp | 0.0468 |
| Castellum Inc | 0.8756 |
| BM Technologies Inc | 0.00 |
| Marti Technologies Inc | -1.996 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.096B |
| Total Liabilities (Quarterly) | 4.251B |
| Shareholders Equity (Quarterly) | -154.50M |
| Current Ratio | 0.9232 |
| Net Debt Paydown Yield | 21.15% |