DBXDropbox, Inc.

$34.35+12% 1Y

Is it safe?

Flag

Elevated bankruptcy risk: a balance sheet under strain. Everything else is secondary until this clears.

2 good, 1 flagged, 3 neutral
SurvivalDistress zone

Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality6 / 9

Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Insider conviction-$32.2M

Insiders were net sellers (-$32.2M, 90 days to Oct 8, 2026), selling is often routine.

Credit gradeAAderived · Jun 30, 2026

Net cash and profitable. A rule of thumb on leverage, not a credit rating.

Drawdown risk37% volderived · Oct 9, 2026

Moderate price swings, typical volatility. Worst drawdown -63% · now 9% below its 52-week high.

Unless marked, from SEC EDGAR, as of Dec 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitymiddle of the market
Max drawdownmiddle of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can DBX take a bad year?

Dropbox, Inc. holds $1.09B more cash than debt, so a bad year is a question about profits, not about lenders.

$1.09B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
0.27

Altman Z-score · distress zone, below 1.8

Annualised volatility
37%

Annualised volatility · roughly twice as jumpy as the market

Details›
Total debtQ2 2026
$27M
Cash and short-term investments
$1.11B
Net cash
$1.09B
EBITDA, trailing twelve months
$806M
Operating profit, trailing twelve months
$675M
Total debt / EBITDA
0.03×
Annualised volatilitytwo years of daily moves
37%
Worst drawdown on file
−63%
Below its 52-week high
9.0%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.