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
Dropbox (NASDAQ:DBX) Ticks All The Boxes When It Comes To Earnings Growth
Dec 06
Dropbox: This Situation Is A Falling Knife
Nov 12Dropbox: Business Has A Poor Competitive Position
Oct 03Why The 31% Return On Capital At Dropbox (NASDAQ:DBX) Should Have Your Attention
Sep 30Dropbox: A Buyout Might Save This From The Stall Warning (Technical Analysis)
Sep 02Insufficient Growth At Dropbox, Inc. (NASDAQ:DBX) Hampers Share Price
Aug 26After Earnings Beat, Dropbox Growth Is Worth Keeping An Eye On
Aug 12Investors Shouldn't Overlook Dropbox's (NASDAQ:DBX) Impressive Returns On Capital
Jun 16Dropbox: The Growth Engine Has Sputtered (Rating Downgrade)
Jun 06Dropbox, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Most Shareholders Will Probably Agree With Dropbox, Inc.'s (NASDAQ:DBX) CEO Compensation
May 10Dropbox: Attractive Forward Returns With Upside
May 07Dropbox: Revenue Growth May Come Under Pressure (Rating Downgrade)
Apr 02Dropbox, Inc. (NASDAQ:DBX) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Feb 26Dropbox, Inc. Just Beat EPS By 40%: Here's What Analysts Think Will Happen Next
Feb 20Dropbox: Time To Take Caution (Rating Downgrade)
Feb 19Dropbox (NASDAQ:DBX) Could Become A Multi-Bagger
Feb 04Dropbox Is Cheap Given Its $1 Billion In FCF, Growing Margins And New Products On The Horizon
Jan 24There's Reason For Concern Over Dropbox, Inc.'s (NASDAQ:DBX) Price
Dec 30Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 23:30 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dropbox, Inc. is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Edward Magi | Berenberg |
| Michael Funk | BofA Global Research |