Can Dropbox cover its short-term obligations?

Its current ratio is 1.23 — current assets exceed current liabilities.

Where does Dropbox's balance sheet data come from?

Every line is extracted from Dropbox's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Dropbox DBX Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$905.9M-33.4%	$1.36B+121%	$614.9M+164%	$232.8M-56.3%
Short-term investments	$146.9M-44.8%	$265.9M-64.1%	$741.1M-33.3%	$1.11B-6.3%
Restricted cash	$14.6M-54.7%	$32.2M—	——	——
Accounts receivable, net	$79.1M+12.4%	$70.4M+2.5%	$68.7M+27.7%	$53.8M+8.5%
Prepaid expenses and other current assets	$73.2M-0.8%	$73.8M-19.7%	$91.9M-0.8%	$92.6M+12.8%
Trading assets	——	——	——	——
Total current assets	$1.19B-31.5%	$1.74B+14.6%	$1.52B+1.8%	$1.49B-19.5%
Property and equipment, net	$378.4M+5.5%	$358.8M+16.0%	$309.2M+0.3%	$308.4M-4.2%
Accumulated depreciation	$559.2M-4.3%	$584.2M-0.4%	$586.3M+16.4%	$503.5M+11.2%
Operating lease right-of-use assets	$485.5M+206%	$158.9M-13.5%	$183.8M-29.5%	$260.6M-37.0%
Goodwill	$454.9M+2.7%	$442.8M+10.1%	$402.2M-0.3%	$403.3M+13.1%
Intangible assets, net	$33.7M-38.6%	$54.9M-5.5%	$58.1M-34.2%	$88.3M+64.7%
Deferred tax assets	$1.78B-3.6%	$1.85B-4.5%	$1.93B+274%	$517.2M+3,856%
Other non-current assets	$101M-3.5%	$104.7M+96.8%	$53.2M-12.8%	$61M+12.5%
Available-for-sale securities	——	——	——	——
Allowance for credit losses	$0—	$0—	$0—	$0—
Total assets	$2.84B-14.4%	$3.33B+11.5%	$2.98B-4.1%	$3.11B+0.6%
Accounts payable	$24.3M-33.4%	$36.5M-5.2%	$38.5M-0.3%	$38.6M+50.2%
Accrued expenses	$111.8M+6.3%	$105.2M-3.7%	$109.2M-17.1%	$131.7M-5.3%
Deferred revenue	$729.7M+0.3%	$727.7M+0.4%	$725M+3.2%	$702.6M+4.6%
Current portion of long-term debt	$144.3M+17.0%	$123.3M+6.1%	$116.2M+1.2%	$114.8M-4.7%
Operating lease liabilities, current	$51.3M-21.0%	$64.9M+13.1%	$57.4M-16.7%	$68.9M-12.0%
Finance Lease Liability, Current	$144.3M+17.0%	$123.3M+6.1%	$116.2M+1.2%	$114.8M-4.7%
Short-term borrowings	$695.4M—	$0—	——	——
Income taxes payable	$4.9M—	——	——	——
Total current liabilities	$1.89B+56.4%	$1.21B+0.8%	$1.2B+0.4%	$1.2B+1.8%
Operating lease liabilities, non-current	$355.9M+42.1%	$250.4M-19.4%	$310.7M-46.9%	$585.2M-7.4%
Finance Lease Liabilities (Total)	$345.8M+5.8%	$326.8M+14.8%	$284.7M+6.8%	$266.5M-7.5%
Operating Lease Liabilities (Total)	$407.2M+29.1%	$315.3M-14.3%	$368M-43.7%	$654.1M-7.9%
Finance lease liabilities	$201.5M-1.0%	$203.5M+20.8%	$168.5M+11.1%	$151.7M-9.5%
Other non-current liabilities	$67.6M-1.2%	$68.4M-24.7%	$90.8M-19.0%	$112.1M+185%
Total liabilities	$4.64B+13.8%	$4.08B+29.5%	$3.15B-7.9%	$3.42B+1.0%
Additional paid-in capital	$2.01B-16.3%	$2.4B-7.5%	$2.6B+3.4%	$2.51B+2.6%
Retained earnings	-$3.82B-21.2%	-$3.15B-14.7%	-$2.74B+1.1%	-$2.77B-1.2%
Accumulated other comprehensive income (loss)	$5.7M+156%	-$10.1M+53.0%	-$21.5M+56.0%	-$48.9M-1,781%
Total stockholders' equity	-$1.8B-139%	-$752.4M-354%	-$165.8M+46.4%	-$309.4M-5.3%
Total liabilities and stockholders' equity	$2.84B-14.4%	$3.33B+11.5%	$2.98B-4.1%	$3.11B+0.6%
Available-for-Sale Debt Securities - Amortized Cost	——	——	——	——
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	——	——	——	——
Available-for-Sale Debt Securities - Fair Value by Maturity	——	——	——	——
Available-for-Sale Debt Securities - Single Maturity Date	——	——	——	——
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$96.2M-55.0%	$213.9M-60.0%	$534.8M-15.6%	$633.7M—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$96.2M-55.0%	$213.9M-60.0%	$534.8M-15.6%	$633.7M—
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$6.1M-63.9%	$16.9M-61.1%	$43.5M-86.2%	$314.3M-66.6%
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$6.1M-63.9%	$16.9M-61.1%	$43.5M-86.2%	$314.3M-66.6%
Available-for-Sale Debt Securities - Unrealized Loss Position	$1M-86.1%	$7.2M-66.2%	$21.3M-55.8%	$48.2M+424%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$96.2M-55.0%	$213.9M-60.0%	$534.8M-15.6%	$633.7M—
AFS and Trading Securities - Unrealized Loss Position Fair Value	$102.3M-55.7%	$230.8M-60.1%	$578.3M-39.0%	$948M+0.7%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$6.1M-63.9%	$16.9M-61.1%	$43.5M-86.2%	$314.3M-66.6%
Cash, Cash Equivalents, and Marketable Securities	$102.3M-55.7%	$230.8M-60.1%	$578.3M-39.0%	$948M+0.7%
Available For Sale Securities Debt Securities Current	$146.9M-44.8%	$265.9M-64.1%	$741.1M-33.3%	$1.11B-6.3%
Cash Cash Equivalents And Short Term Investments	$1.04B-34.9%	$1.59B+17.6%	$1.36B+0.9%	$1.34B-21.8%
Operating Lease Income - 2022 (Lessor)	——	——	——	——
Operating Lease Income - 2025 (Lessor)	——	——	——	——
Operating Lease Receivables (Current)	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$101M-3.5%	$104.7M+96.8%	$53.2M-12.8%	$61M+12.5%
Accumulated Amortization on Finance Lease Assets	$183.8M-17.7%	$223.3M-4.9%	$234.7M-2.6%	$240.9M+1.4%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Intangible Assets Gross (Excluding Goodwill)	$182.5M+2.2%	$178.6M+11.0%	$160.9M+0.1%	$160.7M+37.4%
Investments - Amortized Cost Basis	$147.7M-45.9%	$272.9M-64.2%	$761.8M-34.2%	$1.16B-3.0%
Net Investment in Lease	$270.7M+70.4%	$158.9M-13.5%	$183.8M-29.5%	$260.6M-37.0%
Deferred tax assets	$415.7M-10.9%	$466.7M+1.4%	$460.4M-7.7%	$498.7M+1,110%
Intangible assets — net	——	——	——	——
Other intangible assets—net	$33.7M-38.6%	$54.9M-5.5%	$58.1M-34.2%	$88.3M+64.7%
Operating lease right-of-use assets	$270.7M+70.4%	$158.9M-13.5%	$183.8M-29.5%	$260.6M-37.0%
Other non-current assets	$101M-3.5%	$104.7M+96.8%	$53.2M-12.8%	$61M+12.5%
Property, plant and equipment at cost	$937.6M-0.6%	$943M+5.3%	$895.5M+10.3%	$811.9M+4.8%
Operating Lease Income - 2026 (Lessor)	——	——	——	——
Operating Lease Income - 2027 (Lessor)	——	——	——	——
Operating Lease Income - 2028 (Lessor)	——	——	——	——
Operating Lease Income - 2029 (Lessor)	——	——	——	——
Operating Lease Income - Thereafter (Lessor)	——	——	——	——
Operating Lease Right-of-Use Assets in Other Assets	$270.7M+70.4%	$158.9M-13.5%	$183.8M-29.5%	$260.6M-37.0%
Software and Technology Licenses, Net	$101M-3.5%	$104.7M+96.8%	$53.2M-12.8%	$61M+12.5%
Accrued Manufacturing Costs	$111.8M+6.3%	$105.2M-3.7%	$109.2M-17.1%	$131.7M-5.3%
Accrued and other current liabilities	$121.7M-15.0%	$143.2M-7.7%	$155.2M+10.9%	$139.9M-0.6%
Debt, current	$695.4M—	$0—	——	——
Compensation and benefits	$111.8M+6.3%	$105.2M-3.7%	$109.2M-17.1%	$131.7M-5.3%
Revolving credit facility	$15M+50.0%	$10M—	$0—	——
Finance Lease Liability Payment Due	——	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	——	——	——	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——
Lease Liability Payments - Due Year Five	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——
Line of Credit Outstanding	$15M+50.0%	$10M—	$0—	——
Operating Lease Liability Payments Due	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——
Professional Service Fees Payable	$20.1M-23.0%	$26.1M-9.4%	$28.8M+12.9%	$25.5M+6.3%
Convertible Debt (Non-Current)	$689.9M-50.1%	$1.38B+0.3%	$1.38B+0.3%	$1.37B+0.3%
Operating Lease Liability Payments - 2026 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2029 (Lessee)	——	——	——	——
Lease Liability Payments - Due After Year Five	——	——	——	——
Operating Lease Liability Payments - Thereafter (Lessee)	——	——	——	——
Total debt	$1.59B+108%	$765.4M-0.5%	$768.9M-25.7%	$1.04B-7.5%
Unrecognized Tax Benefits - Impacting Effective Tax Rate	——	——	——	——
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$1M-85.7%	$7M-66.8%	$21.1M-50.0%	$42.2M—
Convertible Preferred Stock Authorized Shares	——	——	——	——
Investments - Gross Unrealized Losses	$102.3M-55.7%	$230.8M-60.1%	$578.3M-39.0%	$948M+0.7%
Shares Reserved for Future Issuance Under Stock Plans	131M+6.7%	122.8M+11.6%	110M+12.4%	97.9M+2.8%
Unrealized Gains on Investments	$200K0.0%	$200K-66.7%	$600K+100%	$300K-40.0%
Unrealized Losses on Investments (Before Tax)	$1M-86.1%	$7.2M-66.2%	$21.3M-55.8%	$48.2M+424%
Components	——	——	——	——
Cumulative Cost Basis	$147.7M-45.9%	$272.9M-64.2%	$761.8M-34.2%	$1.16B-3.0%
Operating Lease Income - 2023 (Lessor)	——	——	——	——
Operating Lease Income - 2024 (Lessor)	——	——	——	——
Professional service fees	$20.1M-23.0%	$26.1M-9.4%	$28.8M+12.9%	$25.5M+6.3%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$1M-86.1%	$7.2M-66.2%	$21.3M-55.8%	$48.2M+424%
Gross Unrealized Gains	$200K0.0%	$200K-66.7%	$600K+100%	$300K-40.0%
Total	$147.7M-45.9%	$272.9M-64.2%	$761.8M-34.2%	$1.16B-3.0%
Due after three years	——	——	——	——
Due after three years	——	——	——	——
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——
Available for sale investments	$146.9M-44.8%	$265.9M-64.1%	$741.1M-33.3%	$1.11B-6.3%
Cash, Cash Equivalents, And Short Term Investments, Amortized Cost	$1.04B-35.1%	$1.6B+16.3%	$1.38B-1.0%	$1.39B-19.4%
Cash Equivalents, Fair Value Disclosure	$764.8M—	——	——	——
Convertible debentures	$689.9M-50.1%	$1.38B+0.3%	$1.38B+0.3%	$1.37B+0.3%
Cash in transit for credit and debit card transactions	$8.1M-18.2%	$9.9M-41.8%	$17M+37.1%	$12.4M+49.4%
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$0—	$0—	$0—	$0—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$1M-85.7%	$7M-66.8%	$21.1M-50.0%	$42.2M—
Less than 12 months	$6.1M-63.9%	$16.9M-61.1%	$43.5M-86.2%	$314.3M-66.6%
12 months or more	$96.2M-55.0%	$213.9M-60.0%	$534.8M-15.6%	$633.7M—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$0-100%	$200K0.0%	$200K-96.7%	$6M-34.8%
Due between one to three years	——	——	——	——
Due between one to three years	——	——	——	——
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$1M-86.1%	$7.2M-66.2%	$21.3M-55.8%	$48.2M+424%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	——	——	——	——
Debt Securities, Available-for-Sale, Unrealized Loss Position	$102.3M-55.7%	$230.8M-60.1%	$578.3M-39.0%	$948M+0.7%
Current maturities of long-term debt	$144.3M+17.0%	$123.3M+6.1%	$116.2M+1.2%	$114.8M-4.7%
Finance Lease Liability Payments Due	——	——	——	——
Finance Lease Liability Payments Due After Year Five	——	——	——	——
2027	——	——	——	——
Finance Lease Liability Payments Due Year Five	——	——	——	——
Finance Lease Liability Payments Due Year Four	——	——	——	——
Finance Lease Liability Payments Due Year Three	——	——	——	——
Finance Lease Liability Payments Due Year Two	——	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	——	——	——
Finance Lease, Right-of-Use Asset, Accumulated Amortization	$183.8M-17.7%	$223.3M-4.9%	$234.7M-2.6%	$240.9M+1.4%
Property, plant and equipment	$485.5M-3.1%	$501.1M+9.6%	$457.4M+0.2%	$456.4M-2.8%
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$148.8M+20.3%	$123.7M+20.3%	$102.8M+42.0%	$72.4M+14.2%
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Indefinite- lived intangible impairment	$182.5M+2.2%	$178.6M+11.0%	$160.9M+0.1%	$160.7M+37.4%
Lessee Operating Lease Liability Payments Due	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——
Remainder of fiscal 2026	——	——	——	——
Secured lines of credit	$1.43B+48.9%	$962.9M—	$0—	——
Other accrued and current liabilities	$31.7M-41.2%	$53.9M+11.8%	$48.2M+26.8%	$38M-3.6%
Preferred Stock, Shares Authorized	——	——	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Shares reserved for awards to employees and outside directors (in shares)	$131M+6.7%	$122.8M+11.6%	$110M+12.4%	$97.9M+2.8%
Stock repurchase program, additional authorized amount	——	$1.2B—	——	——
Number of security types in loss position	——	——	——	——
Number of security types	——	——	——	——
Amount that if recognized, would affect the effective tax rate or regulatory liability	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——
Sublease Income - Thereafter	——	——	——	——

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Questions, answered.

Can Dropbox cover its short-term obligations?: Its current ratio is 1.23 — current assets exceed current liabilities.
Where does Dropbox's balance sheet data come from?: Every line is extracted from Dropbox's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.