Dropbox Inc (DBX)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,325,200 | 2,983,500 | 3,110,100 | 3,091,300 | 2,387,200 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,325,200K
= 0.00
Dropbox Inc's debt-to-assets ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity to fund its operations, which may be viewed positively by investors and creditors as it indicates a lower level of financial risk. However, while a debt-free status can provide stability, it may also limit the company's ability to leverage debt for potential growth opportunities or expansion. Investors and analysts may further analyze the company's capital structure and financial strategy to understand the reasoning behind this consistent ratio and its implications for the company's financial health and growth prospects.
Peer comparison
Dec 31, 2024