Rackspace Technology
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Rackspace Technology generated cash of $374,900,000, which is more than the previous year. Cash used in financing activities reached the amount of -$312,800,000 last year. Net change in cash is therefore -$31,700,000.
Cash Flow
| 2017 | 291.7M | -1.22B | 867.5M |
|---|---|---|---|
| 2018 | 429.8M | -348.3M | -53.7M |
| 2019 | 292.9M | -386.5M | -79.2M |
| 2020 | 116.7M | -128.4M | 29.9M |
| 2021 | 370.8M | -69M | -132.2M |
| 2022 | 259.3M | -97.9M | -187M |
| 2023 | 374.9M | -96M | -312.8M |
RXT Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 231.4M | 275.4M | 108.1M | 87.1M | 258.2M | 234.9M | 298.2M |
Operating activities | |||||||
Net income | -837.8M | -804.8M | -218.3M | -245.8M | -102.3M | -470.6M | -59.9M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 442.9M | 447.6M | 490.7M | 536.9M | 566.5M | 611M | 757.9M |
Stock-based compensation expense | 65.4M | 69.5M | 75.4M | 74.5M | 30.2M | 0 | 10.2M |
| Deferred income tax benefit | 65.4M | 69.5M | 75.4M | 74.5M | 30.2M | 0 | 10.2M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 275.1M | -82.4M | -69.5M | -156M | -42.2M | -32.3M | -42.9M |
Inventories | 0 | 0 | -51.9M | -116M | -10.2M | 0 | -13.8M |
Accounts payable | -44.2M | 82.4M | 88.1M | -7.4M | -32.7M | 51.2M | -20.1M |
Cash generated by operating activities | 374.9M | 259.3M | 370.8M | 116.7M | 292.9M | 429.8M | 291.7M |
Investing activities | |||||||
Purchases Of Investments | 0 | -15M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -96.9M | -80.4M | -108.4M | -116.5M | -198M | -294.3M | -189.5M |
Acquisitions Net | 0 | -7.7M | 31.3M | -9.5M | -299.3M | -65.2M | -1.05B |
Cash generated by investing activities | -96M | -97.9M | -69M | -128.4M | -386.5M | -348.3M | -1.22B |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 61.1M | 688.9M | 0 | 3.2M | 9.7M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -1M | -31M | 0 | -2.1M | -3.3M | 0 | 0 |
Repayments of term debt | -271.6M | -139.2M | -2.98B | -648.1M | -74.4M | -56.9M | 877.9M |
Cash used in financing activities | -312.8M | -187M | -132.2M | 29.9M | -79.2M | -53.7M | 867.5M |
Net Change In Cash | -31.7M | -31.4M | 167.3M | 21M | -171.1M | 23.3M | -63.3M |
Cash at end of period | 199.7M | 244M | 275.4M | 108.1M | 87.1M | 258.2M | 234.9M |
| Data source | Data source | Data source | Data source |