Dropbox Other Current Assets vs Property Plant Equipment Analysis

DBX Stock  USD 28.37  0.15  0.53%   
Dropbox financial indicator trend analysis is much more than just examining Dropbox latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dropbox is a good investment. Please check the relationship between Dropbox Other Current Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dropbox Other Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dropbox's Other Current Assets and Property Plant Equipment is 0.23. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Dropbox, assuming nothing else is changed. The correlation between historical values of Dropbox's Other Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Dropbox are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Assets i.e., Dropbox's Other Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant Equipment

Most indicators from Dropbox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dropbox current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dropbox. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.At this time, Dropbox's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 21.77 in 2024, despite the fact that Tax Provision is likely to grow to (333.4 M).
 2023 2024 (projected)
Depreciation And Amortization170M133.4M
Interest Income10.5M9.3M

Dropbox fundamental ratios Correlations

-0.790.97-0.3-0.330.12-0.940.730.50.490.920.970.930.950.630.810.940.810.930.960.76-0.810.970.20.760.62
-0.79-0.880.580.190.190.9-0.44-0.29-0.56-0.68-0.78-0.84-0.82-0.61-0.9-0.74-0.89-0.76-0.85-0.680.77-0.78-0.17-0.55-0.18
0.97-0.88-0.31-0.310.12-0.970.750.530.520.920.960.960.920.660.830.950.890.960.930.84-0.910.960.070.650.5
-0.30.58-0.31-0.320.890.44-0.030.11-0.15-0.01-0.25-0.41-0.53-0.21-0.64-0.06-0.31-0.06-0.550.160.1-0.27-0.54-0.570.06
-0.330.19-0.31-0.32-0.450.25-0.05-0.34-0.09-0.34-0.36-0.15-0.14-0.4-0.18-0.34-0.37-0.36-0.17-0.560.29-0.33-0.010.07-0.49
0.120.190.120.89-0.450.00.270.330.110.430.2-0.01-0.160.07-0.280.370.130.39-0.160.55-0.30.19-0.51-0.330.19
-0.940.9-0.970.440.250.0-0.69-0.49-0.46-0.86-0.94-0.93-0.91-0.65-0.91-0.9-0.87-0.91-0.93-0.760.84-0.94-0.16-0.67-0.42
0.73-0.440.75-0.03-0.050.27-0.690.630.180.720.70.760.660.510.410.760.520.760.630.67-0.820.71-0.330.50.56
0.5-0.290.530.11-0.340.33-0.490.63-0.370.550.590.550.39-0.030.270.590.50.590.390.6-0.640.59-0.370.00.53
0.49-0.560.52-0.15-0.090.11-0.460.18-0.370.520.430.440.480.680.470.490.480.50.490.45-0.410.430.270.49-0.08
0.92-0.680.92-0.01-0.340.43-0.860.720.550.520.950.850.80.530.660.990.830.980.810.88-0.850.950.00.530.48
0.97-0.780.96-0.25-0.360.2-0.940.70.590.430.950.90.880.570.770.950.890.950.910.81-0.841.00.110.620.53
0.93-0.840.96-0.41-0.15-0.01-0.930.760.550.440.850.90.940.520.850.90.810.890.930.73-0.860.910.160.680.44
0.95-0.820.92-0.53-0.14-0.16-0.910.660.390.480.80.880.940.560.870.830.730.810.990.58-0.710.890.350.860.54
0.63-0.610.66-0.21-0.40.07-0.650.51-0.030.680.530.570.520.560.550.550.550.60.590.6-0.590.560.040.560.36
0.81-0.90.83-0.64-0.18-0.28-0.910.410.270.470.660.770.850.870.550.720.740.70.870.53-0.610.780.460.680.24
0.94-0.740.95-0.06-0.340.37-0.90.760.590.490.990.950.90.830.550.720.840.990.840.89-0.890.96-0.010.550.49
0.81-0.890.89-0.31-0.370.13-0.870.520.50.480.830.890.810.730.550.740.840.870.790.84-0.870.89-0.020.370.23
0.93-0.760.96-0.06-0.360.39-0.910.760.590.50.980.950.890.810.60.70.990.870.820.92-0.920.95-0.070.520.48
0.96-0.850.93-0.55-0.17-0.16-0.930.630.390.490.810.910.930.990.590.870.840.790.820.61-0.730.920.340.840.52
0.76-0.680.840.16-0.560.55-0.760.670.60.450.880.810.730.580.60.530.890.840.920.61-0.920.81-0.30.210.39
-0.810.77-0.910.10.29-0.30.84-0.82-0.64-0.41-0.85-0.84-0.86-0.71-0.59-0.61-0.89-0.87-0.92-0.73-0.92-0.850.3-0.35-0.36
0.97-0.780.96-0.27-0.330.19-0.940.710.590.430.951.00.910.890.560.780.960.890.950.920.81-0.850.110.620.51
0.2-0.170.07-0.54-0.01-0.51-0.16-0.33-0.370.270.00.110.160.350.040.46-0.01-0.02-0.070.34-0.30.30.110.520.01
0.76-0.550.65-0.570.07-0.33-0.670.50.00.490.530.620.680.860.560.680.550.370.520.840.21-0.350.620.520.54
0.62-0.180.50.06-0.490.19-0.420.560.53-0.080.480.530.440.540.360.240.490.230.480.520.39-0.360.510.010.54
Click cells to compare fundamentals

Dropbox Account Relationship Matchups

Dropbox fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.4B3.1B3.1B3.0B2.3B
Other Current Liab263.3M(3.9M)3.8M11.5M30.5M29.0M
Total Current Liabilities1.0B1.1B1.2B1.2B1.2B1.0B
Total Stockholder Equity808.4M333.8M(293.9M)(309.4M)(165.8M)(157.5M)
Other Liab25.9M34.4M39.4M112.1M100.9M55.6M
Net Tangible Assets526.5M63.4M(704.1M)(801M)(720.9M)(684.9M)
Retained Earnings(1.7B)(2.2B)(2.7B)(2.8B)(2.7B)(2.9B)
Accounts Payable40.7M18.7M25.7M38.6M38.5M31.8M
Cash551.3M314.9M533M232.8M614.9M472.4M
Other Assets61.1M553M95.4M559.7M1.00.95
Cash And Short Term Investments1.2B1.1B1.7B1.3B1.4B1.1B
Net Receivables36.7M43.4M49.6M53.8M68.7M41.3M
Good Will234.5M236.9M356.6M403.3M402.2M247.0M
Common Stock Shares Outstanding411.6M414.3M395.8M445.9M345.6M425.6M
Long Term Debt Total89.9M138.2M1.4B1.4B1.6B1.7B
Capital Surpluse2.5B2.6B2.4B2.5B2.9B1.9B
Other Stockholder Equity2.5B2.6B2.4B2.5B2.6B2.0B
Total Liab1.9B2.1B3.4B3.4B3.1B2.1B
Deferred Long Term Liab43.5M47.3M34.6M25.7M29.6M32.4M
Total Current Assets1.2B1.2B1.8B1.5B1.5B1.2B
Short Term Debt156.6M376.6M397.4M367.4M347.2M280.3M
Intangible Assets47.4M33.5M53.6M88.3M58.1M45.2M
Property Plant Equipment1.1B338.7M735.9M569M654.4M588.6M
Short Long Term Debt Total1.0B1.1B2.4B2.3B2.0B1.3B
Property Plant And Equipment Net1.1B809.2M735.9M569M493M660.9M
Current Deferred Revenue554.2M610.5M671.5M702.6M725M621.5M
Net Debt455.4M804.6M1.8B2.1B1.4B806.6M
Non Current Assets Total1.5B1.2B1.2B1.6B1.5B1.2B
Non Currrent Assets Other70.9M80.1M95.4M61M53.2M67.8M
Liabilities And Stockholders Equity2.7B2.4B3.1B3.1B3.0B2.5B
Non Current Liabilities Total876M965.6M2.2B2.2B1.9B1.2B
Capital Lease Obligations1.0B1.1B998.4M920.6M652.8M727.8M
Property Plant And Equipment Gross1.1B809.2M735.9M569M1.1B741.6M
Accumulated Other Comprehensive Income3.3M10.9M(2.6M)(48.9M)(21.5M)(20.4M)
Non Current Liabilities Other25.9M965.6M839.1M112.1M90.8M86.3M
Net Invested Capital808.4M333.8M1.1B1.1B1.2B732.2M
Net Working Capital228.4M139.7M674M293.3M315.1M283.3M

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