Dropbox Historical Financial Ratios
| DBX Stock | USD 24.15 0.22 0.92% |
Dropbox is recently reporting on over 104 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 6.7 or Free Cash Flow Yield of 0.0384 will help investors to properly organize and evaluate Dropbox financial condition quickly.
Dropbox |
About Dropbox Financial Ratios Analysis
DropboxFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Dropbox investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Dropbox financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Dropbox history.
Dropbox Financial Ratios Chart
Dropbox financial ratios usually calculated using numerical values taken directly from Dropbox financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Dropbox. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Dropbox's Income Quality is fairly stable compared to the past year. EV To Operating Cash Flow is likely to rise to 22.66 in 2024, despite the fact that PTB Ratio is likely to grow to (57.63). Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Dropbox stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dropbox sales, a figure that is much harder to manipulate than other Dropbox multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Dropbox's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Dropbox current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Income Quality is fairly stable compared to the past year. EV To Operating Cash Flow is likely to rise to 22.66 in 2024, despite the fact that PTB Ratio is likely to grow to (57.63).
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 3.84 | 5.43 | 3.81 | 2.98 | Receivables Turnover | 43.51 | 43.21 | 33.09 | 46.45 |
Dropbox fundamentals Correlations
Click cells to compare fundamentals
Dropbox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dropbox fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 4.44 | 4.8 | 4.41 | 3.48 | 4.02 | 8.01 | |
| Ptb Ratio | 9.12 | 27.54 | (32.4) | (26.13) | (60.67) | (57.63) | |
| Days Sales Outstanding | 8.06 | 8.28 | 8.39 | 8.45 | 11.03 | 6.7 | |
| Book Value Per Share | 1.96 | 0.81 | (0.76) | (0.86) | (0.49) | (0.46) | |
| Free Cash Flow Yield | 0.053 | 0.0534 | 0.0736 | 0.0943 | 0.0755 | 0.0384 | |
| Invested Capital | 1.25 | 3.35 | (8.06) | (7.42) | (9.36) | (8.89) | |
| Operating Cash Flow Per Share | 1.28 | 1.38 | 1.88 | 2.21 | 2.3 | 2.41 | |
| Capex To Depreciation | (0.4) | (0.79) | (0.5) | (0.19) | (0.22) | (0.15) | |
| Pb Ratio | 9.12 | 27.54 | (32.4) | (26.13) | (60.67) | (57.63) | |
| Ev To Sales | 4.71 | 5.22 | 5.26 | 4.36 | 4.59 | 7.02 | |
| Free Cash Flow Per Share | 0.95 | 1.18 | 1.81 | 2.11 | 2.22 | 2.34 | |
| Roic | (0.0449) | 0.37 | 0.15 | 0.77 | 0.23 | 0.24 | |
| Net Income Per Share | (0.13) | (0.62) | 0.87 | 1.53 | 1.33 | 1.4 | |
| Payables Turnover | 10.1 | 22.17 | 17.28 | 11.51 | 12.43 | 16.79 | |
| Sales General And Administrative To Revenue | 0.2 | 0.15 | 0.12 | 0.1 | 0.0959 | 0.0948 | |
| Research And Ddevelopement To Revenue | 0.55 | 0.4 | 0.38 | 0.35 | 0.37 | 0.3 | |
| Capex To Revenue | (0.0829) | (0.042) | (0.0134) | (0.015) | (0.009834) | (0.0103) | |
| Cash Per Share | 2.82 | 2.71 | 4.43 | 3.72 | 3.97 | 2.27 | |
| Pocfratio | 13.95 | 16.11 | 13.05 | 10.14 | 12.83 | 12.19 | |
| Interest Coverage | (6.44) | 48.09 | (52.77) | 161.12 | 25.23 | 14.09 | |
| Capex To Operating Cash Flow | (0.26) | (0.14) | (0.0396) | (0.0438) | (0.0314) | (0.033) | |
| Pfcf Ratio | 18.87 | 18.74 | 13.58 | 10.6 | 13.25 | 13.91 | |
| Days Payables Outstanding | 36.14 | 16.46 | 21.12 | 31.72 | 29.37 | 21.17 | |
| Income Quality | (10.03) | (2.23) | 2.17 | 1.44 | 1.73 | 1.81 | |
| Roe | (0.0652) | (0.77) | (1.14) | (1.79) | (2.74) | (2.87) | |
| Ev To Operating Cash Flow | 14.81 | 17.52 | 15.56 | 12.72 | 14.64 | 22.66 | |
| Pe Ratio | (139.88) | (35.87) | 28.35 | 14.61 | 22.17 | 23.28 | |
| Return On Tangible Assets | (0.12) | (0.31) | (0.0218) | 0.13 | 0.21 | 0.18 | |
| Ev To Free Cash Flow | 20.03 | 20.38 | 16.2 | 13.31 | 15.12 | 30.1 | |
| Earnings Yield | (0.007149) | (0.0279) | 0.0353 | 0.0684 | 0.0451 | 0.0474 | |
| Net Debt To E B I T D A | 4.9 | 1.19 | 3.76 | 2.99 | 2.56 | 2.43 | |
| Current Ratio | 1.23 | 1.13 | 1.57 | 1.25 | 1.24 | 0.92 | |
| Tangible Book Value Per Share | 1.28 | 0.15 | (1.81) | (2.22) | (1.83) | (1.74) | |
| Receivables Turnover | 45.27 | 44.1 | 43.51 | 43.21 | 33.09 | 46.45 | |
| Graham Number | 2.38 | 3.35 | 3.84 | 5.43 | 3.81 | 2.98 | |
| Shareholders Equity Per Share | 1.96 | 0.81 | (0.76) | (0.86) | (0.49) | (0.46) | |
| Debt To Equity | 1.25 | 3.35 | (8.06) | (7.42) | (9.36) | (8.89) | |
| Capex Per Share | (0.33) | (0.19) | (0.0745) | (0.0966) | (0.0721) | (0.0757) |
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
| 0.7 | JG | Aurora Mobile | PairCorr |
Moving against Dropbox Stock
| 0.84 | DTSS | Datasea Tech Boost | PairCorr |
| 0.7 | SQ | Block Inc Aggressive Push | PairCorr |
| 0.6 | GB | Global Blue Group | PairCorr |
| 0.54 | NN | Nextnav Acquisition Corp Upward Rally | PairCorr |
| 0.54 | VERI | Veritone Financial Report 7th of May 2024 | 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.