Dropbox Invested Capital Average vs Invested Capital Analysis
DBX Stock | USD 22.80 0.14 0.61% |
Trend analysis of Dropbox balance sheet accounts such as Total Current Liabilities of 1 B or Other Liab of 55.6 M provides information on Dropbox's total assets, liabilities, and equity, which is the actual value of Dropbox to its prevalent stockholders. By breaking down trends over time using Dropbox balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Dropbox |
About Dropbox Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Dropbox at a specified time, usually calculated after every quarter, six months, or one year. Dropbox Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dropbox and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dropbox currently owns. An asset can also be divided into two categories, current and non-current.
Dropbox Balance Sheet Chart
Dropbox Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Dropbox uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Dropbox's Other Current Liabilities is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 425.6 M in 2024, whereas Total Assets are likely to drop slightly above 2.3 B in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Dropbox assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dropbox books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Dropbox balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dropbox are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
Dropbox fundamental ratios Correlations
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Dropbox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Dropbox Investors Sentiment
The influence of Dropbox's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dropbox. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dropbox's public news can be used to forecast risks associated with an investment in Dropbox. The trend in average sentiment can be used to explain how an investor holding Dropbox can time the market purely based on public headlines and social activities around Dropbox. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dropbox's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dropbox's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dropbox's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dropbox.
Dropbox Implied Volatility | 48.1 |
Dropbox's implied volatility exposes the market's sentiment of Dropbox stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dropbox's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dropbox stock will not fluctuate a lot when Dropbox's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dropbox in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dropbox's short interest history, or implied volatility extrapolated from Dropbox options trading.
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
0.67 | JG | Aurora Mobile | PairCorr |
Moving against Dropbox Stock
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0.78 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
0.67 | EEFT | Euronet Worldwide Financial Report 7th of May 2024 | PairCorr |
0.57 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
0.56 | GB | Global Blue Group | PairCorr |
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.