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Debt-to-equity at other companies

International Business Machines logo
International Business MachinesIBM
2.3×-0.4×
Cognizant logo
CognizantCTSH
0.1×0.0×
Equinix, Inc. logo
Equinix, Inc.EQIX
1.6×+0.2×
Accenture logo
AccentureACN
0.3×0.0×
Kyndryl Holdings logo
Kyndryl HoldingsKD
4.4×+0.9×
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
0.0×

Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$17.8M+53.6%
Net income$8.3M+112%
EPS (diluted)$0.03+110%

Balance sheet

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Cash & equivalents$96.0M-26.8%
Total debt$3.2B-3.1%
Total equity-$1.2B-13.4%
Total assets$2.8B-6.8%

Cash flow

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Operating cash flow$5.1M-59.5%
CapEx$14.5M+74.7%
Free cash flow-$9.4M-319%

Valuation

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Market cap$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

Profitability

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Gross margin18.5%-1.0pp
Operating margin-3%-1.2pp
Net margin-5.4%-1.8pp
FCF margin2.8%

Returns & leverage

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Return on equity-205.2%-222pp
Current ratio0.7×-0.1×

Where this comes from

Calculated from Rackspace Technology, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Rackspace Technology, Inc.’s 10-Q, filed August 9, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s debt-to-equity?
Rackspace Technology, Inc. (RXT) reported debt-to-equity of 117.7× in Q2 2023.
How has Rackspace Technology, Inc.'s debt-to-equity changed year-over-year?
Rackspace Technology, Inc.'s debt-to-equity increased by 3862.8% year-over-year, from 3× to 117.7×.
What is the long-term trend for Rackspace Technology, Inc.'s debt-to-equity?
Over 2 years (2020 to 2022), Rackspace Technology, Inc.'s debt-to-equity has grown at a 46.2% compound annual growth rate (CAGR), from 2.8× to 6.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.