Rackspace Interest Expense from 2010 to 2024

RXT Stock  USD 2.68  0.10  3.88%   
Rackspace Technology Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 198.6 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-03-31
Previous Quarter
18.4 M
Current Value
18 M
Quarterly Volatility
18.5 M
 
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.
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Latest Rackspace Technology's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Rackspace Technology over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Rackspace Technology's Interest Expense 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.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

Rackspace Interest Expense Regression Statistics

Arithmetic Mean233,361,905
Geometric Mean231,326,266
Coefficient Of Variation14.66
Mean Deviation23,908,571
Median223,400,000
Standard Deviation34,207,049
Sample Variance1170.1T
Range131.3M
R-Value0.03
Mean Square Error1258.6T
R-Squared0
Significance0.90
Slope263,571
Total Sum of Squares16381.7T

Rackspace Interest Expense History

2024198.6 M
2023221.6 M
2022208.5 M
2021205.1 M
2020268.4 M
2019329.9 M
2018281.1 M

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense221.6 M198.6 M

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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.