Dropbox Inc (DBX)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | -752,400 | -546,100 | -371,300 | -277,200 | -165,800 | -350,300 | -411,900 | -365,200 | -309,400 | -591,300 | -542,900 | -463,300 | -293,900 | -162,600 | -94,800 | -83,000 | 333,800 | 851,300 | 803,400 | 800,400 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-752,400K)
= —
The debt-to-capital ratio for Dropbox Inc is consistently at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 suggests that the company relies solely on equity to fund its operations and investments, which can be considered a conservative financial strategy. It shows that the company has a strong financial position and is not highly leveraged, which can be beneficial in times of economic uncertainty or downturns. Overall, Dropbox Inc's debt-to-capital ratio suggests a low risk of financial distress due to debt obligations and indicates a stable financial structure.
Peer comparison
Dec 31, 2024