Expensify (EXFY) Debt Ratio (2020 - 2024)

Expensify (EXFY) posted Debt Ratio of 0.04 for Q2 2024, down 51.51% sequentially from 0.08 in Q1 2024, and down 80.89% YoY from 0.21 in Q3 2023.

Expensify (EXFY) Debt Ratio (2020 - 2024) Analysis & Trends

Expensify has reported Debt Ratio for 5 years, with the latest figure at 0.04 in Q2 2024.

Quarterly Debt Ratio fell 80.89% year-over-year to 0.04 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.04 (down 80.89% YoY) and the FY2023 annual result came in at 0.08, down 73.15% from the prior year.
Debt Ratio retreated to 0.04 in Q2 2024 per EXFY's latest filing, from 0.08 in the prior quarter.
Over five years, Debt Ratio peaked at 0.55 in Q3 2021 and troughed at 0.04 in Q2 2024.
A 5-year average of 0.28 and a median of 0.31 in 2023 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2022 and 2024: Debt Ratio gained 10.03% in 2022, then slumped 80.89% in 2024.
Over 5 years, Debt Ratio stood at 0.52 in 2020, then slumped by 44.41% to 0.29 in 2021, then gained by 10.03% to 0.32 in 2022, then tumbled by 73.15% to 0.08 in 2023, then sank by 53.61% to 0.04 in 2024.
According to Business Quant data, Debt Ratio over the past three periods registered 0.04, 0.08, and 0.08 for Q2 2024, Q1 2024, and Q4 2023 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	0.11
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	-
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	0.37
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	0.22
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	0.24
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	0.08
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	0.22
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	0.18
10	Expensify	211.36 Mn	145.60 Mn	16.33 Mn	-

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