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Rackspace Hosting (Rackspace Hosting) Total Current Liabilities : $225 Mil (As of Sep. 2016)


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What is Rackspace Hosting Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rackspace Hosting's total current liabilities for the quarter that ended in Sep. 2016 was $225

Rackspace Hosting Total Current Liabilities Historical Data

The historical data trend for Rackspace Hosting's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rackspace Hosting Total Current Liabilities Chart

Rackspace Hosting Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 237.75 255.44 258.51 276.72 236.90

Rackspace Hosting Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 409.90 236.90 241.40 248.20 224.70

Rackspace Hosting Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Rackspace Hosting's Total Current Liabilities for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=205.6+1.7
+Other Current Liabilities+Current Deferred Liabilities
=2.8421709430404E-14+29.6
=237

Rackspace Hosting's Total Current Liabilities for the quarter that ended in Sep. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=181.2+0.3
+Other Current Liabilities+Current Deferred Liabilities
=0+43.2
=225

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Rackspace Hosting Total Current Liabilities Related Terms

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Rackspace Hosting (Rackspace Hosting) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Rackspace Hosting Inc (NYSE:RAX) » Definitions » Total Current Liabilities
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BOM:540005 SWCH NCR XPAR:ATE PRSP RAMP TSE:4733 TSE:8056 SAIC CLGX TSE:2327 TSE:3626 XPAR:SOP TDC LSE:SCT MIL:REY SZSE:300168 SZSE:300271 CCC XTER:BC8
Traded in Other Exchanges
N/A
Address
Website
http://www.rackspace.com
Rackspace Hosting Inc was incorporated in Delaware in March 2000. The Company, through its operating subsidiaries, is a provider of cloud computing services, managing web-based IT systems for small and medium-sized businesses as well as large enterprises. It offers a portfolio of integrated IT solutions for common business needs, including for ecommerce, web content management, website hosting, data services, office mail and collaboration, and private clouds. It also offers advisory services for technology strategy, security and compliance, application assessment and migration, and DevOps automation. It offers its solutions across a variety of IT form factors, including multi-tenant public cloud, dedicated single-tenant servers, private cloud, and hybrid cloud - all delivered with a commitment to open and standard technologies. Its marketing activities include web-based paid and natural search, participation in technology trade shows, conferences and customer events, advertisements in traditional and electronic (web and email-based) media, and targeted regional public relations activities. Its trademark includes Rackspace, Fanatical Support, and RackConnect. The Company is subject to U.S. federal income tax and various state, local, and international income taxes in numerous jurisdictions.
Executives
Alex Pinchev officer: EVP, Global Sales & Marketing BMC SOFTWARE INC, 2101 CITYWEST BLVD, HOUSTON TX 77042
Lila Tretikov director 149 NEW MONTGOMERY STREET, FLOOR 6, SAN FRANCISCO CA 94105
John E Harper director 2300 WEST PLANO PARKWAY, PLANO TX 75075
Joseph Saporito officer: Chief Accounting Officer
Kevin Costello director C/O ARIBA INC, 807 11TH AVENUE, SUNNYVALE CA 94089
Graham M Weston director, 10 percent owner 425 SOLEDAD SUITE 500, SAN ANTONIO TX 78205
Eugene V Defelice officer: SVP, General Counsel 1506 COVENTRY LANE SOUTHLAKE TX 76092
Michael S Gilliland director 3720 BEVERLY DRIVE, DALLAS TX 75205
Still George J Jr director NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
A Lanham Napier director, officer: CEO 701 W. CASTANO, SAN ANTONIO TX 78209
Palmer L Moe director 5000 WALZEM SAN ANTONIO TX 78218
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Promod Haque 10 percent owner C/O NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Norwest Venture Partners Viii Lp 10 percent owner C/O NORWEST VENTURE PARTNERS 525 UNIVERSITY AVENUE, SUITE 800 PALO ALTO CA 94301
James J Goetz 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025

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