Dropbox Historical Income Statement
| DBX Stock | USD 22.92 0.07 0.30% |
Historical analysis of Dropbox income statement accounts such as Interest Expense of 16 M or Selling General Administrative of 221.7 M can show how well Dropbox performed in making a profits. Evaluating Dropbox income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dropbox's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dropbox latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dropbox is a good buy for the upcoming year.
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About Dropbox Income Statement Analysis
Dropbox Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dropbox shareholders. The income statement also shows Dropbox investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Dropbox Income Statement Chart
Dropbox Income Statement is one of the three primary financial statements used for reporting Dropbox's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dropbox revenue and expense. Dropbox Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dropbox's Income Tax Expense is fairly stable compared to the past year. Net Interest Income is likely to rise to about 16.9 M in 2024, despite the fact that Tax Provision is likely to grow to (333.4 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Dropbox generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dropbox minus its cost of goods sold. It is profit before Dropbox operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Dropbox's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dropbox current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.At this time, Dropbox's Income Tax Expense is fairly stable compared to the past year. Net Interest Income is likely to rise to about 16.9 M in 2024, despite the fact that Tax Provision is likely to grow to (333.4 M).
| 2023 | 2024 (projected) | Depreciation And Amortization | 170.1M | 191.1M | Interest Income | 10.5M | 9.3M |
Dropbox income statement Correlations
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Dropbox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dropbox income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 700K | 6.1M | (36.5M) | (360.5M) | (350.9M) | (333.4M) | |
| Depreciation And Amortization | 173.5M | 159.3M | 214M | 157.1M | 170.1M | 191.1M | |
| Interest Expense | 12.5M | 10.8M | (5.2M) | 3.3M | 15.2M | 16.0M | |
| Selling General Administrative | 245.4M | 227.8M | 224.6M | 222.9M | 237.1M | 221.7M | |
| Selling And Marketing Expenses | 423.3M | 422.8M | 427.5M | 409.4M | 466M | 409.0M | |
| Total Revenue | 1.7B | 1.9B | 2.2B | 2.3B | 2.5B | 1.8B | |
| Gross Profit | 1.3B | 1.5B | 1.7B | 1.9B | 2.0B | 1.3B | |
| Other Operating Expenses | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | 1.8B | |
| Operating Income | (80.5M) | 519.4M | 274.4M | 531.7M | 383.5M | 402.7M | |
| Net Income From Continuing Ops | (52.7M) | (256.3M) | 335.8M | 553.2M | 554.6M | 582.3M | |
| Ebit | (80.5M) | 519.4M | 274.4M | 531.7M | 383.5M | 402.7M | |
| Research Development | 662.1M | 727.5M | 755.9M | 891.9M | 936.5M | 686.1M | |
| Ebitda | 93M | 678.7M | 488.4M | 688.8M | 553.6M | 581.3M | |
| Cost Of Revenue | 394.7M | 411M | 414.6M | 444.2M | 478.5M | 458.8M | |
| Total Operating Expenses | 1.3B | 1.4B | 1.4B | 1.5B | 1.6B | 1.3B | |
| Income Before Tax | (52M) | (250.2M) | 299.3M | 192.7M | 554.4M | 582.1M | |
| Total Other Income Expense Net | 28.5M | (769.6M) | 24.9M | (339M) | 170.9M | 179.4M | |
| Net Income Applicable To Common Shares | (52.7M) | (256.3M) | 335.8M | 553.2M | 636.2M | 668.0M | |
| Net Income | (52.7M) | (256.3M) | 335.8M | 553.2M | 453.6M | 476.3M | |
| Income Tax Expense | 700K | 6.1M | (36.5M) | (360.5M) | 100.8M | 105.8M | |
| Net Interest Income | 12.5M | 1.7M | (5.2M) | 3.3M | 16.1M | 16.9M | |
| Reconciled Depreciation | 173.5M | 159.3M | 151.4M | 157.1M | 166.6M | 132.2M | |
| Non Operating Income Net Other | 16M | 25.1M | 30.1M | 8.1M | 9.3M | 8.8M |
Pair Trading with Dropbox
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dropbox position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dropbox will appreciate offsetting losses from the drop in the long position's value.Moving together with Dropbox Stock
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Moving against Dropbox Stock
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The ability to find closely correlated positions to Dropbox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dropbox when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dropbox - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dropbox to buy it.
The correlation of Dropbox is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dropbox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dropbox moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dropbox can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.Note that the Dropbox information on this page should be used as a complementary analysis to other Dropbox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Dropbox Stock analysis
When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.
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Is Dropbox's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dropbox. If investors know Dropbox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dropbox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 1.31 | Revenue Per Share 7.332 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0787 |
The market value of Dropbox is measured differently than its book value, which is the value of Dropbox that is recorded on the company's balance sheet. Investors also form their own opinion of Dropbox's value that differs from its market value or its book value, called intrinsic value, which is Dropbox's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dropbox's market value can be influenced by many factors that don't directly affect Dropbox's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dropbox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dropbox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dropbox's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.