Rackspace Fixed Asset Turnover from 2010 to 2024

RXT Stock  USD 2.68  0.10  3.88%   
Rackspace Technology Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 2.50 in 2024. From the period from 2010 to 2024, Rackspace Technology Fixed Asset Turnover quarterly data regression had r-value of  0.47 and coefficient of variation of  18.27. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.022718
Current Value
2.5
Quarterly Volatility
0.51608138
 
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Yuan Drop
 
Covid
Check Rackspace Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackspace Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.8 M, Interest Expense of 198.6 M or Selling General Administrative of 686.5 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0 or Days Sales Outstanding of 45.43. Rackspace financial statements analysis is a perfect complement when working with Rackspace Technology Valuation or Volatility modules.
  
Check out the analysis of Rackspace Technology Correlation against competitors.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Latest Rackspace Technology's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Rackspace Technology over the last few years. It is Rackspace Technology's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rackspace Technology's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Rackspace Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.82
Geometric Mean2.79
Coefficient Of Variation18.27
Mean Deviation0.36
Median2.65
Standard Deviation0.52
Sample Variance0.27
Range1.7214
R-Value0.47
Mean Square Error0.22
R-Squared0.22
Significance0.08
Slope0.05
Total Sum of Squares3.73

Rackspace Fixed Asset Turnover History

2024 2.5
2023 4.02
2022 4.07
2021 3.04
2020 2.56
2019 2.35

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Rackspace Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Rackspace Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rackspace Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.02  2.50 

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Additional Tools for Rackspace Stock Analysis

When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.