Expensify (EXFY) Debt Ratio (2020 - 2024)

Expensify's (EXFY) quarterly Debt Ratio came in at 0.08 in Q2 2024, down 62.23% year-on-year from 0.21 in Q3 2023, and up 88.48% quarter-over-quarter from 0.04 in Q1 2024.

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.

  • Debt Ratio for Q2 2024 came in at 0.08, down 62.23% year-over-year; the trailing twelve-month figure through Jun 2024 was 0.08 (down 62.23% YoY), and the FY2023 annual result was 0.08, down 73.15% from the prior year.
  • Debt Ratio came in at 0.08 for Q2 2024 at Expensify, up from 0.04 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.52 in Q4 2020 to a low of 0.04 in Q1 2024.
  • The 5-year median for Debt Ratio is 0.26 (2022), against an average of 0.25.
  • Across the five-year window, Debt Ratio increased 10.03% in 2022 and sank 82.71% in 2024, its largest moves.
  • Expensify's Debt Ratio stood at 0.52 in 2020, then slumped by 44.41% to 0.29 in 2021, then increased by 10.03% to 0.32 in 2022, then tumbled by 73.15% to 0.08 in 2023, then slipped by 8.34% to 0.08 in 2024.
  • The last three Debt Ratio figures came in at 0.08 (Q2 2024), 0.04 (Q1 2024), and 0.08 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.08
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.18
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.37
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.24
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.06
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.06
10 Expensify 118.55 Mn 52.03 Mn 16.17 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.08
Mar 31, 2024 0.04
Dec 31, 2023 0.08
Sep 30, 2023 0.21
Jun 30, 2023 0.21
Mar 31, 2023 0.24
Dec 31, 2022 0.32
Sep 30, 2022 0.31
Jun 30, 2022 0.31
Mar 31, 2022 0.26
Dec 31, 2021 0.29
Sep 30, 2021 0.35
Dec 31, 2020 0.52