Rackspace Technology (RXT) Amortization of Deferred Charges (2019 - 2023)
Rackspace Technology's (RXT) quarterly Amortization of Deferred Charges came in at $1.9 million in Q4 2023, down 5.0% year-over-year from $2.0 million in Q4 2022, and down 5.0% quarter-over-quarter from $2.0 million in Q3 2023.
Analysis
Rackspace Technology (RXT) Amortization of Deferred Charges (2019 - 2023) Analysis & Trends
Rackspace Technology has disclosed Amortization of Deferred Charges across 5 years of filings, most recently posting $1.9 million for Q4 2023.
- In Q4 2023, Amortization of Deferred Charges fell 5.0% year-over-year to $1.9 million; the TTM figure through Dec 2023 stood at $7.9 million (down 1.25% YoY), while the FY2023 annual figure was $7.9 million, down 1.25% from the prior year.
- Amortization of Deferred Charges came in at $1.9 million for Q4 2023 at Rackspace Technology, down from $2.0 million in the prior quarter.
- In the past five years, Amortization of Deferred Charges ranged from a high of $4.8 million in Q2 2020 to a low of $1.9 million in Q4 2023.
- Average Amortization of Deferred Charges over 5 years is $2.9 million, with a median of $2.0 million recorded in 2021.
- Year-over-year, Amortization of Deferred Charges plunged 56.25% in 2021 and changed 0.0% in 2022.
- Over 5 years, Amortization of Deferred Charges stood at $4.6 million in 2019, then declined by 10.87% to $4.1 million in 2020, then plunged by 51.22% to $2.0 million in 2021, then changed by 0.0% to $2.0 million in 2022, then dropped by 5.0% to $1.9 million in 2023.
- Per Business Quant data, the three most recent Amortization of Deferred Charges figures were $1.9 million in Q4 2023, $2.0 million in Q3 2023, and $2.0 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 45.76 Bn | 45.76 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.95 Bn | 26.90 Bn | 1.83 Bn |
| 3 | Cgi | 15.75 Bn | 15.17 Bn | - |
| 4 | EPAM Systems | 6.03 Bn | 5.24 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.44 Bn | 5.15 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.39 Bn | 5.27 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.82 Bn | 713.78 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn |
| 10 | Rackspace Technology | 809.07 Mn | 698.47 Mn | 114.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 2.10 Mn |
| Mar 31, 2021 | 2.70 Mn |
| Dec 31, 2020 | 4.10 Mn |
| Sep 30, 2020 | 4.50 Mn |
| Jun 30, 2020 | 4.80 Mn |
| Mar 31, 2020 | 4.60 Mn |
| Dec 31, 2019 | 4.60 Mn |
| Sep 30, 2019 | 4.60 Mn |