Rapid7 (Rapid7) Cash, Cash Equivalents, Marketable Securities : $383.2 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Rapid7 Cash, Cash Equivalents, Marketable Securities?

Rapid7's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($293.50 Mil) to Sep. 2023 ($322.16 Mil) and increased from Sep. 2023 ($322.16 Mil) to Dec. 2023 ($383.17 Mil).

Rapid7's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($223.43 Mil) to Dec. 2022 ($291.45 Mil) and increased from Dec. 2022 ($291.45 Mil) to Dec. 2023 ($383.17 Mil).

Rapid7 Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rapid7's Cash, Cash Equivalents, Marketable Securities 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.

Rapid7 Cash, Cash Equivalents, Marketable Securities Chart

Rapid7 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

239.57

312.46

223.43

291.45

383.17

Rapid7 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															291.45	262.24	293.50	322.16	383.17

Rapid7 Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Rapid7 (NAS:RPD) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Rapid7 Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Rapid7's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Rapid7 (Rapid7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (NAS:RPD) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

R7D:Germany R7D:Germany

Address

120 Causeway Street, Boston, MA, USA, 02114

Website

https://www.rapid7.com

Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response, or XDR; security information and event management, or SIEM; cloud security, threat intelligence, and application security; and security orchestration, automation, and response, or SOAR. The Boston-based company went public in 2015.

Executives

Andrew F. Burton	officer: Chief Operating Officer	500 UNICORN PARK DRIVE, WOBURN MA 01801
Marc Evan Brown	director	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Thomas Corey E.	director, officer: President and CEO	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Timothy M Adams	officer: Chief Financial Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Thomas E Schodorf	director	C/O SPLUNK INC, 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Christina Luconi	officer: Chief People Officer	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Peter Kaes	officer: SVP, General Counsel	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Benjamin Holzman	director, 10 percent owner	C/O BAIN CAPITAL VENTURES, 335 BRYANT STREET, PALO ALTO CA 94301
Jeffrey Kalowski	officer: Chief Financial Officer	10 MAGUIRE ROAD, BUILDING 1, SUITE 125, LEXINGTON MA 02421
Lee David Weiner	officer: Chief Product Officer	C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Michael J Berry	director	C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Judy Bruner	director	C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Reeny Sondhi	director	C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Christina Kosmowski	director	C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Timothy P Mcadam	director, 10 percent owner, other: May be part of a 13(d) group	250 MIDDLEFIELD RD, MENLO PARK CA 94025