GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (NAS:RPD) » Definitions » Debt-to-Equity

Rapid7 (Rapid7) Debt-to-Equity : -8.67 (As of Dec. 2023)


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

What is Rapid7 Debt-to-Equity?

Rapid7's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.5 Mil. Rapid7's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,011.1 Mil. Rapid7's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-118.2 Mil. Rapid7's debt to equity for the quarter that ended in Dec. 2023 was -8.67.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Rapid7's Debt-to-Equity or its related term are showing as below:

RPD' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.67   Med: -0.48   Max: 6.49
Current: -8.67

During the past 12 years, the highest Debt-to-Equity Ratio of Rapid7 was 6.49. The lowest was -8.67. And the median was -0.48.

RPD's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs RPD: -8.67

Rapid7 Debt-to-Equity Historical Data

The historical data trend for Rapid7's Debt-to-Equity 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 Debt-to-Equity Chart

Rapid7 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 6.49 -7.24 -7.62 -8.67

Rapid7 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 -7.62 -8.30 -8.24 -6.33 -8.67

Competitive Comparison of Rapid7's Debt-to-Equity

For the Software - Infrastructure subindustry, Rapid7's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Rapid7's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rapid7's Debt-to-Equity falls into.



Rapid7 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rapid7's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rapid7's Debt to Equity Ratio for the quarter 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Rapid7 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rapid7's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Rapid7 (Rapid7) Business Description

Traded in Other Exchanges
Address
120 Causeway Street, Boston, MA, USA, 02114
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