Dropbox Inc (DBX)

Financial leverage 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
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
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
Financial leverage ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	7.15	3.36	3.41	3.39

December 31, 2024 calculation

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

Dropbox Inc's financial leverage ratio has shown fluctuations over the periods provided. As of December 31, 2020, the financial leverage ratio spiked to 7.15, indicating a significant increase in the company's financial leverage. This may suggest that Dropbox increased its reliance on debt financing during that period.

However, from March 31, 2020, to September 30, 2020, the ratio remained relatively stable around 3.39 to 3.41, showing a moderate level of financial leverage. The subsequent data points from March 31, 2021, onwards are not available, indicating a lack of information on the company's financial leverage in those periods.

It is essential for stakeholders to monitor Dropbox's financial leverage ratio over time to assess the company's risk profile, capital structure, and ability to meet financial obligations. Any significant deviations in the ratio could indicate changes in the company's financial health and should be analyzed in conjunction with other financial metrics for a more comprehensive evaluation.