Company name:

Dropbox Inc

  • IPO SHARE PRICE:
    $21.00
  • IPO DATE:
    March 23, 2018
  • TICKER:
    DBX
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    1800 Owens Street San Francisco California 94158
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Dropbox Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
40.0% - Impairment related to real estate assets
26.3% - Stock-based compensation
16.0% - Depreciation and amortization
6.2% - Other assets
5.5% - Deferred revenue
2.5% - Amortization of deferred commission costs
2.3% - Tenant improvement allowance reimbursement
1.2% - Accrued compensation and employee benefits
SOURCEs
0.0% 16.0% 5.5% 6.2% 26.3% 40.0%
100 %
0%
USES
57.6% 4.0% 7.3% 25.8%
25.8% - Net income (loss)
7.3% - Other liabilities
4.0% - Prepaid expenses and other assets
2.0% - Accounts payable
1.8% - (Income) loss from equity method investments
1.0% - Accrued and other liabilities
0.6% - Accounts receivable
0.1% - Other
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
 ($484,900) ($52,700) ($256,300) ($256,300) ($1,383,200)
Depreciation and amortization
$45,679
$45,679
 166,800 173,500 159,300 159,300 155,200
Amortization of deferred commission costs
$45,679
$45,679
 12,100 17,500 24,400 24,400 27,600
Stock-based compensation
$45,679
$45,679
 650,100 261,200 261,500 261,500 277,600
Donation of common stock to charitable foundation
$45,679
$45,679
 - - - - -
(Income) loss from equity method investments
-
-
 - - (17,500) (17,500) -
Impairment related to real estate assets
-
-
 - - 398,200 398,200 1,592,800
Accounts receivable
$45,679
$45,679
 100 (7,500) (5,500) (5,500) 29,600
Prepaid expenses and other assets
$45,679
$45,679
 (47,900) (18,200) (39,400) (39,400) (61,600)
Other assets
$45,679
$45,679
 (11,200) 61,200 62,000 62,000 26,400
Accounts payable
$45,679
$45,679
 (1,700) 6,400 (19,900) (19,900) (44,000)
Accrued compensation and employee benefits
$45,679
$45,679
 25,000 19,100 11,700 11,700 79,200
Accrued and other liabilities
$45,679
$45,679
 40,300 23,000 (9,800) (9,800) 51,600
Deferred revenue
$45,679
$45,679
 66,400 68,700 55,100 55,100 46,800
Tenant improvement allowance reimbursement
-
-
 - 55,300 22,500 22,500 12,800
Other
$45,679
$45,679
 (2,600) (600) (800) (800) -
Other liabilities
-
-
 - (62,400) (72,900) (72,900) (121,200)
Non-current liabilities
$45,679
$45,679
 12,200 - - - -
Net cash provided by (used in) operating activities
$45,679
$45,679
 $425,400 $528,500 $570,800 $570,800 $682,800
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
46.2% - Maturities of marketable securities
23.8% - Sale of marketable securities
2.1% - Other investing activities
SOURCEs
27.9% 46.2% 23.8%
100 %
0%
USES
9.6% 90.4%
90.4% - Purchases of marketable securities
9.6% - Capital expenditures
0.0% - Purchases of intangible assets
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Purchases of marketable securities
$45,679
$45,679
 (850,400) (775,400) (756,100) (756,100) (860,000)
Sale of marketable securities
$45,679
$45,679
 71,200 456,100 198,800 198,800 63,200
Maturities of marketable securities
$45,679
$45,679
 212,400 294,800 386,700 386,700 659,200
Capital expenditures
$45,679
$45,679
 (63,000) (136,100) (80,100) (80,100) (49,200)
Purchases of intangible assets
$45,679
$45,679
 (3,000) (1,700) (200) (200) (800)
Business combinations net of cash
-
-
 - (173,900) - - -
Other investing activities
$45,679
$45,679
 (1,000) 16,200 17,300 17,300 19,600
Net cash provided by (used in) investing activities
$45,679
$45,679
 ($633,800) ($320,000) ($233,600) ($233,600) ($168,000)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
0.4% - Issuance of common stock net of repurchases
SOURCEs
99.6%
100 %
0%
USES
15.9% 15.5% 68.6%
68.6% - Repurchases of common stock
15.9% - Shares withheld related to net share settlement of equity awards
15.5% - Repayment of finance leases
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) and concurrent private offering net Initial Public Offering (IPO) and concurrent private offering net
$45,679
$45,679
 746,600 - - - -
Issuance of common stock net of repurchases
$45,679
$45,679
 26,200 2,200 2,300 2,300 2,800
Deferred offering costs
$45,679
$45,679
 (4,500) - - - -
Repayment of notes payable
$45,679
$45,679
 (3,500) - - - -
Repayment of finance leases
-
-
 - (92,900) (89,500) (89,500) (98,400)
Repayments of capital leases
$45,679
$45,679
 (109,100) - - - -
Proceeds from sale-leaseback agreement
$45,679
$45,679
 - - - - -
Fees and costs related to Revolving Credit Facility
$45,679
$45,679
 (400) - - - -
Shares withheld related to net share settlement of equity awards Shares withheld related to net share settlement of equity awards
-
-
 - - (92,200) (92,200) (368,800)
Repurchase of stock for tax withholdings
$45,679
$45,679
 (351,900) (85,400) - - -
Repurchases of common stock
-
-
 - - (397,500) (397,500) (880,800)
Net cash provided by (used in) financing activities
$45,679
$45,679
 $300,800 ($176,700) ($577,700) ($577,700) ($1,079,200)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
($236,400,000)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
 $430,000 $519,300 $551,300 - $1,810,800
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
 (3,100) 200 4,100 - 13,200
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
 89,300 32,000 (236,400) - (551,200)
Cash and equivalents - End of period
$45,679
$45,679
 $519,300 $551,300 $314,900 - $1,259,600