Expensify (EXFY) Debt Ratio (2020 - 2024)
Expensify's (EXFY) quarterly Debt Ratio came in at 0.08 in Q2 2024, down 71.61% year-over-year from 0.27 in Q3 2023, and down 4.2% quarter-over-quarter from 0.08 in Q1 2024.
Analysis
Expensify (EXFY) Debt Ratio (2020 - 2024) Analysis & Trends
Expensify has disclosed Debt Ratio across 5 years of filings, most recently posting 0.08 for Q2 2024.
- In Q2 2024, Debt Ratio fell 71.61% year-over-year to 0.08; the TTM figure through Jun 2024 stood at 0.08 (down 71.61% YoY), while the FY2023 annual figure was 0.08, down 73.15% from the prior year.
- Debt Ratio came in at 0.08 for Q2 2024 at Expensify, down from 0.08 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.55 in Q3 2021 to a low of 0.08 in Q2 2024.
- Average Debt Ratio over 5 years is 0.3, with a median of 0.31 recorded in 2022.
- Year-over-year, Debt Ratio retreated 11.56% in 2023 and sank 73.4% in 2024.
- Over 5 years, Debt Ratio stood at 0.52 in 2020, then decreased by 29.14% to 0.37 in 2021, then declined by 13.68% to 0.32 in 2022, then sank by 73.15% to 0.08 in 2023, then slipped by 8.34% to 0.08 in 2024.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.08 in Q2 2024, 0.08 in Q1 2024, and 0.08 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 0.18 |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 0.27 |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 0.00 |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 0.04 |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | - |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | - |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.55 |
| Dec 31, 2020 | 0.52 |