Rapid7's Total Assets for the quarter that ended in Sep. 2024 was $1,574.5 Mil.
Warning Sign:
If a company builds assets at 32.8% a year, faster than its revenue growth rate of 19.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Rapid7's average Total Assets Growth Rate was 5.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 32.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 41.70% per year.
During the past 12 years, Rapid7's highest 3-Year average Total Assets Growth Rate was 63.50%. The lowest was 23.20%. And the median was 40.90%.
Total Assets is connected with ROA %. Rapid7's annualizedROA % for the quarter that ended in Sep. 2024 was 4.27%. Total Assets is also linked to Revenue through Asset Turnover. Rapid7's Asset Turnover for the quarter that ended in Sep. 2024 was 0.14.
Rapid7 Total Assets Historical Data
The historical data trend for Rapid7's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Rapid7's Total Assets 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.
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Rapid7's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Rapid7 Total Assets Related Terms
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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; security information and event management; cloud security, threat intelligence, and application security; and security orchestration, automation, and response. The Boston-based company went public in 2015.
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