Dropbox Balance Sheet Health

Financial Health criteria checks 2/6

Dropbox has a total shareholder equity of $-371.3M and total debt of $1.4B, which brings its debt-to-equity ratio to -371.6%. Its total assets and total liabilities are $2.7B and $3.1B respectively. Dropbox's EBIT is $473.7M making its interest coverage ratio -19.9. It has cash and short-term investments of $1.1B.

Key information

-371.6%

Debt to equity ratio

US$1.38b

Debt

Interest coverage ratio-19.9x
CashUS$1.06b
Equity-US$371.30m
Total liabilitiesUS$3.09b
Total assetsUS$2.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0SGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 0SGO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 0SGO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 0SGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 0SGO's debt is well covered by operating cash flow (62.5%).

Interest Coverage: 0SGO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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