Dropbox Free Cash Flow vs Enterprise Value Analysis

DBX Stock

USD 24.02 0.55 2.34%

Dropbox financial indicator trend analysis is much more than just examining Dropbox latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dropbox is a good investment. Please check the relationship between Dropbox Free Cash Flow and its Enterprise Value accounts. 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.

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dropbox Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dropbox's Free Cash Flow and Enterprise Value is -0.35. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Dropbox, assuming nothing else is changed. The correlation between historical values of Dropbox's Free Cash Flow and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Dropbox are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Dropbox's Free Cash Flow and Enterprise Value go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Dropbox theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Dropbox debt, but would also pocket its cash. Enterprise Value is more accurate representation of Dropbox value than its market capitalization because it takes into account all of Dropbox existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Most indicators from Dropbox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dropbox current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 21.76 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

Depreciation And Amortization Interest Income

Dropbox fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment
Total Assets		0.01	0.97	-0.31	-0.32	0.11	-0.94	0.73	0.51	0.49	0.92	0.97	0.92	0.96	0.62	0.81	0.94	0.75	0.93	0.96	0.76	-0.81	0.97	-0.5	0.76	0.62
Other Current Liab	0.01		-0.15	-0.03	-0.08	-0.07	0.07	-0.2	-0.23	0.0	-0.03	-0.02	-0.08	0.04	-0.09	0.09	-0.08	-0.47	-0.15	0.02	-0.33	0.41	-0.02	0.75	0.26	0.08
Total Current Liabilities	0.97	-0.15		-0.31	-0.31	0.12	-0.97	0.75	0.53	0.52	0.92	0.96	0.94	0.92	0.66	0.83	0.95	0.85	0.96	0.93	0.84	-0.91	0.96	-0.65	0.65	0.5
Total Stockholder Equity	-0.31	-0.03	-0.31		-0.32	0.89	0.44	-0.03	0.11	-0.15	-0.01	-0.25	-0.41	-0.53	-0.21	-0.64	-0.06	-0.19	-0.06	-0.55	0.16	0.1	-0.26	-0.05	-0.57	0.06
Other Liab	-0.32	-0.08	-0.31	-0.32		-0.45	0.25	-0.05	-0.34	-0.09	-0.34	-0.36	-0.12	-0.14	-0.4	-0.18	-0.34	-0.13	-0.36	-0.17	-0.56	0.29	-0.34	0.16	0.07	-0.49
Net Tangible Assets	0.11	-0.07	0.12	0.89	-0.45		0.0	0.27	0.33	0.11	0.43	0.2	-0.03	-0.16	0.07	-0.28	0.37	0.23	0.39	-0.16	0.55	-0.3	0.19	-0.35	-0.33	0.19
Retained Earnings	-0.94	0.07	-0.97	0.44	0.25	0.0		-0.69	-0.49	-0.46	-0.86	-0.94	-0.92	-0.91	-0.65	-0.91	-0.9	-0.82	-0.91	-0.93	-0.76	0.84	-0.94	0.6	-0.67	-0.42
Accounts Payable	0.73	-0.2	0.75	-0.03	-0.05	0.27	-0.69		0.63	0.18	0.72	0.7	0.75	0.66	0.51	0.41	0.76	0.72	0.76	0.64	0.67	-0.82	0.71	-0.68	0.5	0.56
Cash	0.51	-0.23	0.53	0.11	-0.34	0.33	-0.49	0.63		-0.37	0.55	0.59	0.57	0.39	-0.03	0.27	0.59	0.49	0.59	0.4	0.6	-0.64	0.58	-0.58	0.0	0.53
Other Assets	0.49	0.0	0.52	-0.15	-0.09	0.11	-0.46	0.18	-0.37		0.52	0.43	0.4	0.48	0.68	0.47	0.49	0.47	0.5	0.49	0.45	-0.41	0.44	-0.21	0.49	-0.08
Long Term Debt	0.92	-0.03	0.92	-0.01	-0.34	0.43	-0.86	0.72	0.55	0.52		0.95	0.83	0.8	0.53	0.66	0.99	0.81	0.98	0.81	0.88	-0.85	0.95	-0.61	0.53	0.48
Cash And Short Term Investments	0.97	-0.02	0.96	-0.25	-0.36	0.2	-0.94	0.7	0.59	0.43	0.95		0.88	0.88	0.57	0.77	0.95	0.82	0.95	0.91	0.81	-0.84	1.0	-0.57	0.62	0.53
Net Receivables	0.92	-0.08	0.94	-0.41	-0.12	-0.03	-0.92	0.75	0.57	0.4	0.83	0.88		0.93	0.46	0.84	0.89	0.74	0.86	0.92	0.7	-0.84	0.88	-0.54	0.66	0.43
Good Will	0.96	0.04	0.92	-0.53	-0.14	-0.16	-0.91	0.66	0.39	0.48	0.8	0.88	0.93		0.56	0.87	0.83	0.66	0.81	0.99	0.58	-0.71	0.89	-0.38	0.86	0.54
Common Stock Shares Outstanding	0.62	-0.09	0.66	-0.21	-0.4	0.07	-0.65	0.51	-0.03	0.68	0.53	0.57	0.46	0.56		0.55	0.55	0.6	0.6	0.58	0.6	-0.59	0.57	-0.44	0.56	0.36
Long Term Debt Total	0.81	0.09	0.83	-0.64	-0.18	-0.28	-0.91	0.41	0.27	0.47	0.66	0.77	0.84	0.87	0.55		0.72	0.59	0.7	0.87	0.53	-0.61	0.78	-0.32	0.68	0.24
Capital Surpluse	0.94	-0.08	0.95	-0.06	-0.34	0.37	-0.9	0.76	0.59	0.49	0.99	0.95	0.89	0.83	0.55	0.72		0.83	0.99	0.84	0.89	-0.89	0.95	-0.65	0.55	0.49
Other Current Assets	0.75	-0.47	0.85	-0.19	-0.13	0.23	-0.82	0.72	0.49	0.47	0.81	0.82	0.74	0.66	0.6	0.59	0.83		0.87	0.7	0.84	-0.93	0.83	-0.89	0.36	0.21
Other Stockholder Equity	0.93	-0.15	0.96	-0.06	-0.36	0.39	-0.91	0.76	0.59	0.5	0.98	0.95	0.86	0.81	0.6	0.7	0.99	0.87		0.82	0.92	-0.92	0.95	-0.71	0.52	0.48
Total Liab	0.96	0.02	0.93	-0.55	-0.17	-0.16	-0.93	0.64	0.4	0.49	0.81	0.91	0.92	0.99	0.58	0.87	0.84	0.7	0.82		0.6	-0.73	0.92	-0.4	0.83	0.52
Deferred Long Term Liab	0.76	-0.33	0.84	0.16	-0.56	0.55	-0.76	0.67	0.6	0.45	0.88	0.81	0.7	0.58	0.6	0.53	0.89	0.84	0.92	0.6		-0.92	0.81	-0.81	0.21	0.39
Short Long Term Debt	-0.81	0.41	-0.91	0.1	0.29	-0.3	0.84	-0.82	-0.64	-0.41	-0.85	-0.84	-0.84	-0.71	-0.59	-0.61	-0.89	-0.93	-0.92	-0.73	-0.92		-0.85	0.87	-0.35	-0.36
Total Current Assets	0.97	-0.02	0.96	-0.26	-0.34	0.19	-0.94	0.71	0.58	0.44	0.95	1.0	0.88	0.89	0.57	0.78	0.95	0.83	0.95	0.92	0.81	-0.85		-0.58	0.62	0.51
Short Term Debt	-0.5	0.75	-0.65	-0.05	0.16	-0.35	0.6	-0.68	-0.58	-0.21	-0.61	-0.57	-0.54	-0.38	-0.44	-0.32	-0.65	-0.89	-0.71	-0.4	-0.81	0.87	-0.58		-0.03	-0.18
Intangible Assets	0.76	0.26	0.65	-0.57	0.07	-0.33	-0.67	0.5	0.0	0.49	0.53	0.62	0.66	0.86	0.56	0.68	0.55	0.36	0.52	0.83	0.21	-0.35	0.62	-0.03		0.54
Property Plant Equipment	0.62	0.08	0.5	0.06	-0.49	0.19	-0.42	0.56	0.53	-0.08	0.48	0.53	0.43	0.54	0.36	0.24	0.49	0.21	0.48	0.52	0.39	-0.36	0.51	-0.18	0.54

Click cells to compare fundamentals

Dropbox Account Relationship Matchups

Dropbox fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.4B	3.1B	3.1B	3.0B	2.3B
Other Current Liab	263.3M	270.3M	279.9M	271.6M	264.4M	271.9M
Total Current Liabilities	1.0B	1.1B	1.2B	1.2B	1.2B	1.0B
Total Stockholder Equity	808.4M	333.8M	(293.9M)	(309.4M)	(165.8M)	(157.5M)
Other Liab	25.9M	34.4M	39.4M	112.1M	100.9M	55.6M
Net Tangible Assets	526.5M	63.4M	(704.1M)	(801M)	(720.9M)	(684.9M)
Retained Earnings	(1.7B)	(2.2B)	(2.7B)	(2.8B)	(2.7B)	(2.9B)
Accounts Payable	40.7M	18.7M	25.7M	38.6M	38.5M	31.8M
Cash	551.3M	314.9M	533M	232.8M	614.9M	472.4M
Other Assets	61.1M	553M	95.4M	559.7M	1.0	0.95
Cash And Short Term Investments	1.2B	1.1B	1.7B	1.3B	1.4B	1.1B
Net Receivables	36.7M	43.4M	49.6M	53.8M	75.6M	42.1M
Good Will	234.5M	236.9M	356.6M	403.3M	402.2M	247.0M
Common Stock Shares Outstanding	411.6M	414.3M	395.8M	445.9M	345.6M	425.6M
Long Term Debt Total	89.9M	138.2M	1.4B	1.4B	1.6B	1.7B
Capital Surpluse	2.5B	2.6B	2.4B	2.5B	2.9B	1.9B
Other Stockholder Equity	2.5B	2.6B	2.4B	2.5B	2.6B	2.0B
Total Liab	1.9B	2.1B	3.4B	3.4B	3.2B	2.2B
Deferred Long Term Liab	43.5M	47.3M	34.6M	25.7M	29.6M	32.4M
Total Current Assets	1.2B	1.2B	1.8B	1.5B	1.5B	1.2B
Short Term Debt	156.6M	188.3M	198.7M	183.7M	173.6M	137.7M
Intangible Assets	47.4M	33.5M	53.6M	88.3M	58.1M	45.2M
Property Plant Equipment	1.1B	338.7M	735.9M	569M	654.4M	588.6M
Short Long Term Debt Total	1.0B	1.1B	2.4B	2.3B	2.0B	1.3B
Property Plant And Equipment Net	1.1B	809.2M	735.9M	569M	493M	660.9M
Current Deferred Revenue	554.2M	610.5M	671.5M	702.6M	725M	621.5M
Net Debt	455.4M	804.6M	1.8B	2.1B	1.4B	806.6M
Non Current Assets Total	1.5B	1.2B	1.2B	1.6B	1.5B	1.2B
Non Currrent Assets Other	70.9M	80.1M	95.4M	61M	76.6M	71.0M
Liabilities And Stockholders Equity	2.7B	2.4B	3.1B	3.1B	3.0B	2.5B
Non Current Liabilities Total	876M	965.6M	2.2B	2.2B	2.0B	1.2B
Capital Lease Obligations	1.0B	1.1B	998.4M	920.6M	652.8M	727.8M
Property Plant And Equipment Gross	1.1B	809.2M	735.9M	569M	1.1B	741.6M
Accumulated Other Comprehensive Income	3.3M	10.9M	(2.6M)	(48.9M)	(21.5M)	(20.4M)
Non Current Liabilities Other	25.9M	965.6M	839.1M	112.1M	90.8M	86.3M
Net Invested Capital	808.4M	333.8M	1.1B	1.1B	1.2B	732.2M
Net Working Capital	228.4M	139.7M	674M	293.3M	315.1M	283.3M

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

0.69

Aurora Mobile

Pair Corr

Moving against Dropbox Stock

0.85	DTSS	Datasea	Pair Corr
0.72	SQ	Block Inc Financial Report 2nd of May 2024	Pair Corr
0.65	GCT	GigaCloud Technology Financial Report 22nd of May 2024	Pair Corr
0.58	GB	Global Blue Group	Pair Corr
0.58	HCP	Hashicorp Trending	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Dropbox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dropbox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dropbox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dropbox Stock:

How To Invest In Dropbox

Details

Is Dropbox Stock a good investment?

Details

What is Dropbox's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Infrastructure Companies

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Dropbox Free Cash Flow vs Enterprise Value Analysis

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

Correlation Coefficient

Free Cash Flow

Enterprise Value

Dropbox fundamental ratios Correlations

Dropbox Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dropbox fundamental ratios Accounts

Pair Trading with Dropbox

Moving together with Dropbox Stock

Moving against Dropbox Stock

Complementary Tools for Dropbox Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Capital Surpluse	+ 0.99	Long Term Debt
Total Liab	+ 0.99	Good Will
Other Stockholder Equity	+ 0.99	Capital Surpluse
Other Stockholder Equity	+ 0.98	Long Term Debt
Total Current Liabilities	+ 0.97	Total Assets

Retained Earnings	- 0.97	Total Current Liabilities
Total Current Assets	- 0.94	Retained Earnings
Cash And Short Term Investments	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Total Assets
Short Long Term Debt	- 0.93	Other Current Assets
Total Liab	- 0.93	Retained Earnings