Rackspace Technology (RXT)

Cash on Hand as of June 2024 : HK$1.48 Billion

According to Rackspace Technology's latest financial reports the company has HK$1.48 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Rackspace Technology - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.78 B	-16.11%
2021-12-31	HK$2.12 B	162.08%
2020-12-31	HK$0.81 B	24.36%
2019-12-31	HK$0.65 B	-67.23%
2018-12-31	HK$1.99 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Proofpoint PFPT	N/A	N/A	🇺🇸 USA
PFSweb PFSW	HK$0.30 B	-79.48%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Rackspace Technology (RXT) - Cash on Hand

Cash on Hand as of June 2024 : HK$1.48 Billion