Dropbox Pfcf Ratio vs Roe Analysis
DBX Stock | USD 23.32 0.29 1.23% |
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 Pfcf Ratio and its Roe 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.
Pfcf Ratio vs Roe
Pfcf Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dropbox Pfcf Ratio account and Roe. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dropbox's Pfcf Ratio and Roe is 0.2. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of Dropbox, assuming nothing else is changed. The correlation between historical values of Dropbox's Pfcf Ratio and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Dropbox are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Pfcf Ratio i.e., Dropbox's Pfcf Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pfcf Ratio
Roe
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 |
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
0.65 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Dropbox Stock
0.75 | DTSS | Datasea | PairCorr |
0.54 | SQ | Block Inc Aggressive Push | PairCorr |
0.53 | GB | Global Blue Group | PairCorr |
0.47 | NN | Nextnav Acquisition Corp | PairCorr |
0.43 | VERI | Veritone Upward Rally | 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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.