Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rapid7's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-118.2 Mil. Rapid7's Total Assets for the quarter that ended in Dec. 2023 was $1,505.3 Mil.
Therefore, Rapid7's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.08.
The historical rank and industry rank for Rapid7's Equity-to-Asset or its related term are showing as below:
RPD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.41 Med: 0.08 Max: 0.3
Current: -0.08
During the past 12 years, the highest Equity to Asset Ratio of Rapid7 was 0.30. The lowest was -0.41. And the median was 0.08.
RPD's Equity-to-Asset is ranked worse than 92.43% of 2841
companies
in the Software industry
Industry Median: 0.55
vs RPD: -0.08
Rapid7 Equity-to-Asset Historical Data
The historical data trend for Rapid7's Equity-to-Asset 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.
Competitive Comparison of Rapid7's Equity-to-Asset
For the Software - Infrastructure subindustry, Rapid7's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rapid7's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Rapid7's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Rapid7's Equity-to-Asset falls into.
Rapid7 Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Rapid7's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Rapid7 (NAS:RPD) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Rapid7 Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Rapid7's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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