Dropbox Balance Sheet Health
Financial Health criteria checks 2/6
Dropbox has a total shareholder equity of $-546.1M and total debt of $1.4B, which brings its debt-to-equity ratio to -252.8%. Its total assets and total liabilities are $2.6B and $3.1B respectively. Dropbox's EBIT is $469.4M making its interest coverage ratio -20.8. It has cash and short-term investments of $890.8M.
Key information
-252.8%
Debt to equity ratio
US$1.38b
Debt
| Interest coverage ratio | -20.8x |
| Cash | US$890.80m |
| Equity | -US$546.10m |
| Total liabilities | US$3.12b |
| Total assets | US$2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DBX * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DBX * 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: DBX * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DBX *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DBX *'s debt is well covered by operating cash flow (63.8%).
Interest Coverage: DBX * earns more interest than it pays, so coverage of interest payments is not a concern.