Dropbox Current Ratio from 2010 to 2024

DBX Stock  USD 27.64  0.75  2.79%   
Dropbox Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.89 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.26225551
Current Value
0.89
Quarterly Volatility
0.29134436
 
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Check Dropbox financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dropbox's main balance sheet or income statement drivers, such as Interest Income of 9.3 M, Depreciation And Amortization of 133.4 M or Interest Expense of 16 M, as well as many indicators such as Price To Sales Ratio of 8.01, Dividend Yield of 0.0 or Days Sales Outstanding of 11.25. Dropbox financial statements analysis is a perfect complement when working with Dropbox Valuation or Volatility modules.
  
Check out the analysis of Dropbox Correlation against competitors.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.

Latest Dropbox's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Dropbox over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Dropbox's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dropbox's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.40 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Dropbox Current Ratio Regression Statistics

Arithmetic Mean0.99
Geometric Mean0.96
Coefficient Of Variation29.30
Mean Deviation0.26
Median0.80
Standard Deviation0.29
Sample Variance0.08
Range0.9225
R-Value0.62
Mean Square Error0.06
R-Squared0.39
Significance0.01
Slope0.04
Total Sum of Squares1.19

Dropbox Current Ratio History

2024 0.89
2023 1.26
2022 1.25
2021 1.57
2020 1.13
2019 1.23
2018 1.45

About Dropbox Financial Statements

Dropbox investors use historical fundamental indicators, such as Dropbox's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dropbox. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.26  0.89 

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Additional Tools for Dropbox Stock Analysis

When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.