Box (BOX) Debt-to-Equity

: 8.06 (As of Jan. 2024)

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Box's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $27 Mil. Box's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $465 Mil. Box's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $61 Mil. Box's debt to equity for the quarter that ended in Jan. 2024 was 8.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Box's Debt-to-Equity or its related term are showing as below:

BOX' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.8 Med: 2.3 Max: 18.99
Current: 8.06

During the past 12 years, the highest Debt-to-Equity Ratio of Box was 18.99. The lowest was -15.80. And the median was 2.30.

BOX's Debt-to-Equity is ranked worse than
98.47% of 2222 companies
in the Software industry
Industry Median: 0.21 vs BOX: 8.06

Box Debt-to-Equity Historical Data

The historical data trend for Box's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Box Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

18.99

4.29

-1.57

-15.80

8.06

Box Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																-15.80	-24.13	-11.45	-10.51	8.06

Competitive Comparison

For the Software - Infrastructure subindustry, Box's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Box Debt-to-Equity Distribution

For the Software industry and Technology sector, Box's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Box's Debt-to-Equity falls into.

Box Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Box's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(26.812	+	464.987)	/	61.033
	=	8.06

Box's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(26.812	+	464.987)	/	61.033
	=	8.06

Box (NYSE:BOX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Box Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Box's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Box (BOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Box Inc (NYSE:BOX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3BX:Germany 3BX:Germany

Address

900 Jefferson Avenue, Redwood City, CA, USA, 94063

Website

https://www.box.com

Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.

Executives

Dylan C Smith	director, 10 percent owner, officer: Chief Financial Officer	C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Eli Berkovitch	officer: VP Chief Acct Ofr & Controller	900 JEFFERSON AVE, REDWOOD CITY CA 94063
Aaron Levie	director, 10 percent owner, officer: Chief Executive Officer	C/O BOX INC, 4440 EL CAMINO, LOS ALTOS CA 94022
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Dana L Evan	director	550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Daniel J Levin	director, 10 percent owner, officer: President & COO	4440 EL CAMINO REAL, LOS ALTOS CA 94022
Amit Walia	director	2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kimberly Hammonds	director	100 EAST DAVIE STREET, RALEIGH NC 27601
John Ihn Park	director	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, NEW YORK NY 10019
Jeff Mannie	officer: VP Controller & Chief Acct Ofr	C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Carl Bass	director	C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Bethany Mayer	director	C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Peter Leav	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Josh Stein	director	C/O DRAPER FISHER JURVETSON, 2882 SAND HILL ROAD SUITE 150, MENLO PARK CA 94025
Rory O'driscoll	director, 10 percent owner	950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404