Dropbox Tangible Asset Value vs Free Cash Flow Analysis

DBX Stock  USD 24.30  0.14  0.57%   
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.
  
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.

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 415.5 M in 2024, whereas Total Assets are likely to drop slightly above 2.3 B in 2024.

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.Enterprise Value Multiple 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 Amortization170.1M191.1M
Interest Income10.5M9.3M

Dropbox fundamental ratios Correlations

0.010.97-0.31-0.320.11-0.940.730.510.490.920.970.920.960.420.810.940.750.930.960.76-0.810.97-0.50.760.62
0.01-0.15-0.03-0.08-0.070.07-0.2-0.230.0-0.03-0.02-0.080.04-0.140.09-0.08-0.47-0.150.02-0.330.41-0.020.750.260.08
0.97-0.15-0.31-0.310.12-0.970.750.530.520.920.960.940.920.490.830.950.850.960.930.84-0.910.96-0.650.650.5
-0.31-0.03-0.31-0.320.890.44-0.030.11-0.15-0.01-0.25-0.41-0.530.11-0.64-0.06-0.19-0.06-0.550.160.1-0.26-0.05-0.570.06
-0.32-0.08-0.31-0.32-0.450.25-0.05-0.34-0.09-0.34-0.36-0.12-0.14-0.85-0.18-0.34-0.13-0.36-0.17-0.560.29-0.340.160.07-0.49
0.11-0.070.120.89-0.450.00.270.330.110.430.2-0.03-0.160.31-0.280.370.230.39-0.160.55-0.30.19-0.35-0.330.19
-0.940.07-0.970.440.250.0-0.69-0.49-0.46-0.86-0.94-0.92-0.91-0.46-0.91-0.9-0.82-0.91-0.93-0.760.84-0.940.6-0.67-0.42
0.73-0.20.75-0.03-0.050.27-0.690.630.180.720.70.750.660.30.410.760.720.760.640.67-0.820.71-0.680.50.56
0.51-0.230.530.11-0.340.33-0.490.63-0.370.550.590.570.390.280.270.590.490.590.40.6-0.640.58-0.580.00.53
0.490.00.52-0.15-0.090.11-0.460.18-0.370.520.430.40.480.290.470.490.470.50.490.45-0.410.44-0.210.49-0.08
0.92-0.030.92-0.01-0.340.43-0.860.720.550.520.950.830.80.40.660.990.810.980.810.88-0.850.95-0.610.530.48
0.97-0.020.96-0.25-0.360.2-0.940.70.590.430.950.880.880.440.770.950.820.950.910.81-0.841.0-0.570.620.53
0.92-0.080.94-0.41-0.12-0.03-0.920.750.570.40.830.880.930.290.840.890.740.860.920.7-0.840.88-0.540.660.43
0.960.040.92-0.53-0.14-0.16-0.910.660.390.480.80.880.930.270.870.830.660.810.990.58-0.710.89-0.380.860.54
0.42-0.140.490.11-0.850.31-0.460.30.280.290.40.440.290.270.370.430.410.490.30.69-0.530.43-0.440.050.38
0.810.090.83-0.64-0.18-0.28-0.910.410.270.470.660.770.840.870.370.720.590.70.870.53-0.610.78-0.320.680.24
0.94-0.080.95-0.06-0.340.37-0.90.760.590.490.990.950.890.830.430.720.830.990.840.89-0.890.95-0.650.550.49
0.75-0.470.85-0.19-0.130.23-0.820.720.490.470.810.820.740.660.410.590.830.870.70.84-0.930.83-0.890.360.21
0.93-0.150.96-0.06-0.360.39-0.910.760.590.50.980.950.860.810.490.70.990.870.820.92-0.920.95-0.710.520.48
0.960.020.93-0.55-0.17-0.16-0.930.640.40.490.810.910.920.990.30.870.840.70.820.6-0.730.92-0.40.830.52
0.76-0.330.840.16-0.560.55-0.760.670.60.450.880.810.70.580.690.530.890.840.920.6-0.920.81-0.810.210.39
-0.810.41-0.910.10.29-0.30.84-0.82-0.64-0.41-0.85-0.84-0.84-0.71-0.53-0.61-0.89-0.93-0.92-0.73-0.92-0.850.87-0.35-0.36
0.97-0.020.96-0.26-0.340.19-0.940.710.580.440.951.00.880.890.430.780.950.830.950.920.81-0.85-0.580.620.51
-0.50.75-0.65-0.050.16-0.350.6-0.68-0.58-0.21-0.61-0.57-0.54-0.38-0.44-0.32-0.65-0.89-0.71-0.4-0.810.87-0.58-0.03-0.18
0.760.260.65-0.570.07-0.33-0.670.50.00.490.530.620.660.860.050.680.550.360.520.830.21-0.350.62-0.030.54
0.620.080.50.06-0.490.19-0.420.560.53-0.080.480.530.430.540.380.240.490.210.480.520.39-0.360.51-0.180.54
Click cells to compare fundamentals

Dropbox Account Relationship Matchups

Dropbox fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.4B3.1B3.1B3.0B2.3B
Other Current Liab263.3M270.3M279.9M271.6M264.4M271.9M
Total Current Liabilities1.0B1.1B1.2B1.2B1.2B1.0B
Total Stockholder Equity808.4M333.8M(293.9M)(309.4M)(165.8M)(157.5M)
Other Liab25.9M34.4M39.4M112.1M100.9M55.6M
Net Tangible Assets526.5M63.4M(704.1M)(801M)(720.9M)(684.9M)
Retained Earnings(1.7B)(2.2B)(2.7B)(2.8B)(2.7B)(2.9B)
Accounts Payable40.7M18.7M25.7M38.6M38.5M31.8M
Cash551.3M314.9M533M232.8M614.9M472.4M
Other Assets61.1M553M95.4M559.7M1.00.95
Cash And Short Term Investments1.2B1.1B1.7B1.3B1.4B1.1B
Net Receivables36.7M43.4M49.6M53.8M75.6M42.1M
Good Will234.5M236.9M356.6M403.3M402.2M247.0M
Common Stock Shares Outstanding411.6M414.3M395.8M363.3M345.6M415.5M
Long Term Debt Total89.9M138.2M1.4B1.4B1.6B1.7B
Capital Surpluse2.5B2.6B2.4B2.5B2.9B1.9B
Other Stockholder Equity2.5B2.6B2.4B2.5B2.6B2.0B
Total Liab1.9B2.1B3.4B3.4B3.2B2.2B
Deferred Long Term Liab43.5M47.3M34.6M25.7M29.6M32.4M
Total Current Assets1.2B1.2B1.8B1.5B1.5B1.2B
Short Term Debt156.6M188.3M198.7M183.7M173.6M137.7M
Intangible Assets47.4M33.5M53.6M88.3M58.1M45.2M
Property Plant Equipment1.1B338.7M735.9M569M654.4M588.6M
Short Long Term Debt Total1.0B1.1B2.4B2.3B2.0B1.3B
Property Plant And Equipment Net1.1B809.2M735.9M569M493M660.9M
Current Deferred Revenue554.2M610.5M671.5M702.6M725M621.5M
Net Debt455.4M804.6M1.8B2.1B1.4B806.6M
Non Current Assets Total1.5B1.2B1.2B1.6B1.5B1.2B
Non Currrent Assets Other70.9M80.1M95.4M61M76.6M71.0M
Liabilities And Stockholders Equity2.7B2.4B3.1B3.1B3.0B2.5B
Non Current Liabilities Total876M965.6M2.2B2.2B2.0B1.2B
Capital Lease Obligations1.0B1.1B998.4M920.6M652.8M727.8M
Property Plant And Equipment Gross1.1B809.2M735.9M569M1.1B741.6M
Accumulated Other Comprehensive Income3.3M10.9M(2.6M)(48.9M)(21.5M)(20.4M)
Non Current Liabilities Other25.9M965.6M839.1M112.1M90.8M86.3M
Net Invested Capital808.4M333.8M1.1B1.1B1.2B732.2M
Net Working Capital228.4M139.7M674M293.3M315.1M283.3M

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 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.
Pair CorrelationCorrelation 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:
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.