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Dropbox (Dropbox) Liabilities-to-Assets : 1.06 (As of Dec. 2023)


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What is Dropbox Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Dropbox's Total Liabilities for the quarter that ended in Dec. 2023 was $3,149 Mil. Dropbox's Total Assets for the quarter that ended in Dec. 2023 was $2,984 Mil. Therefore, Dropbox's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.06.


Dropbox Liabilities-to-Assets Historical Data

The historical data trend for Dropbox's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dropbox Liabilities-to-Assets Chart

Dropbox Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.70 0.86 1.10 1.10 1.06

Dropbox Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.12 1.14 1.12 1.06

Competitive Comparison of Dropbox's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Dropbox's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dropbox's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Dropbox's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Dropbox's Liabilities-to-Assets falls into.



Dropbox Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Dropbox's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3149.3/2983.5
=1.06

Dropbox's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=3149.3/2983.5
=1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dropbox  (NAS:DBX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Dropbox Liabilities-to-Assets Related Terms

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Dropbox (Dropbox) Business Description

Industry
Address
1800 Owens Street, San Francisco, CA, USA, 94158
Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.
Executives
Bart Volkmer officer: General Counsel 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Regan officer: Chief Accounting Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Andrew Houston director, 10 percent owner, officer: Chief Executive Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Karen Peacock director C/O DROPBOX, INC., 1800 OWENS STREET, SUITE 200, SAN FRANCISCO CA 94158
Lisa M Campbell director C/O DOLBY LABORATORIES INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Timothy H. Young officer: Sr Vice President and GM, Core C/O DROPBOX, INC., 1800 OWENS STREET, SUITE 200, SAN FRANCISCO CA 94158
Abhay Parasnis director 345 PARK AVENUE, SAN JOSE CA 95110
Sara Mathew director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Mylod Robert J Jr director
Michael Seibel director C/O DROPBOX, INC., 1800 OWENS STREET, SAN FRANCISCO CA 94158
Ajay Vashee officer: Chief Financial Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Donald W Blair director ONE RIVERFRONT PLAZA, CORNING NY 14831
Arash Ferdowsi director, 10 percent owner, officer: Co-Founder 111 PINE STREET, SAN FRANCISCO CA 94111
Olivia Nottebohm officer: Chief Operating Officer C/O DROPBOX. INC., 1800 OWENS STREET, SAN FRANCISCO CA 94158
Quentin Clark officer: See Remarks 333 BRANNAN STREET, SAN FRANCISCO CA 94107