Dropbox Net Income vs Interest Income Analysis
DBX Stock | USD 23.79 0.66 2.85% |
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 Net Income and its Interest Income 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.
Net Income vs Interest Income
Net Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dropbox Net Income account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dropbox's Net Income and Interest Income is 0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Dropbox, assuming nothing else is changed. The correlation between historical values of Dropbox's Net Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Dropbox are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., Dropbox's Net Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dropbox financial statement analysis. It represents the amount of money remaining after all of Dropbox operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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
Click cells to compare fundamentals
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 | 46.38 |
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
0.63 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Dropbox Stock
0.6 | DTSS | Datasea | PairCorr |
0.42 | NN | Nextnav Acquisition Corp | PairCorr |
0.41 | SQ | Block Inc | 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 0.962 | Earnings Share 1.5 | Revenue Per Share 7.458 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0946 |
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.