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 |
| Cash | US$1.06b |
| Equity | -US$371.30m |
| Total liabilities | US$3.09b |
| Total assets | US$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.