Dropbox Inc (DBX)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 3,325,200 2,983,500 3,110,100 3,091,300 2,387,200
Total stockholders’ equity US$ in thousands -752,400 -165,800 -309,400 -293,900 333,800
Financial leverage ratio 7.15

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,325,200K ÷ $-752,400K
= —

The financial leverage ratio for Dropbox Inc was 7.15 as of December 31, 2020. However, there is no data available for the subsequent years, 2021, 2022, 2023, and 2024. The financial leverage ratio measures the extent to which a company relies on debt to finance its operations and growth. A higher ratio indicates a higher level of financial risk due to increased debt obligations. In the case of Dropbox Inc, a financial leverage ratio of 7.15 in 2020 suggests that the company had a considerable amount of debt relative to its equity during that period. The absence of data for the following years prevents further analysis of the trend in the company's leverage over time.