Expensify EXFY
NASDAQ EXFY
$2.38 -0.05 (-2.06%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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