Dropbox Inc (DBX)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,325,200 | 2,576,700 | 2,718,500 | 2,797,700 | 3,039,700 | 3,010,600 | 2,938,600 | 2,993,700 | 3,110,100 | 2,702,800 | 2,758,800 | 2,852,000 | 3,091,300 | 3,339,100 | 3,328,100 | 3,307,300 | 2,387,200 | 2,862,300 | 2,742,300 | 2,717,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that Dropbox Inc relies primarily on equity financing, which may be viewed positively by investors and creditors as it indicates a lower financial risk and potential for financial stability. Overall, the consistent 0.00 debt-to-assets ratio reflects Dropbox Inc's conservative financial management approach and its ability to maintain a strong balance sheet without relying on debt financing.
Peer comparison
Dec 31, 2024