RXTRackspace Technology, Inc.

$3.41

Is it safe?

Can RXT take a bad year?

Rackspace Technology, Inc. carries $2.61B of net debt at 34.7× EBITDA: a heavy load to carry through a bad year.

$2.61B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
34.7×

Net debt / EBITDA

Altman Z-score
-0.98

Altman Z-score · distress zone, below 1.8

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Details
Total debtQ1 2026
$2.71B
Cash and short-term investments
$94M
Net debt
$2.61B
EBITDA, trailing twelve months
$75M
Operating profit, trailing twelve months
−$80M
Total debt / EBITDA
35.9×
Annualised volatilitytwo years of daily moves
207%
Worst drawdown on file
−98%
Below its 52-week high
−55%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.