What is Expensify Cash-to-Debt?
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Expensify's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.69.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Expensify could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.
The historical rank and industry rank for Expensify's Cash-to-Debt or its related term are showing as below:
EXFY'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.48 Max: 1.69
Current: 1.69
During the past 5 years, Expensify's highest Cash to Debt Ratio was 1.69. The lowest was 0.23. And the median was 1.48.
Expensify Cash-to-Debt Historical Data
The historical data trend for Expensify's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Expensify Cash-to-Debt Chart
|
Expensify Annual Data
|
|
Trend |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
0.23 |
0.67 |
1.41 |
1.53 |
1.61 |
|
Expensify Quarterly Data
|
|
Dec19 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Cash-to-Debt |
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|
|
|
|
|
|
|
|
|
|
1.65 |
1.50 |
1.36 |
1.61 |
1.69 |
Competitive Comparison of Expensify's Cash-to-Debt
For the Software - Application subindustry, Expensify's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Expensify's Cash-to-Debt Distribution in the Software Industry
For the Software industry and Technology sector, Expensify's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Expensify's Cash-to-Debt falls into.
Expensify Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Expensify's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Expensify's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:
* 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.
Expensify (Expensify) Business Description
Traded in Other Exchanges
N/A
Address
401 Southwest 5th Avenue, Portland, OR, USA, 97204
Expensify Inc is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Over 12 million people use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app.
Executives
| Anuradha Muralidharan |
director, officer: Chief Operating Officer |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| Jason Fahr Mills |
director |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| Daniel Vidal |
director |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| David Michael Barrett |
director, officer: Chief Executive Officer |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| Ryan Schaffer |
director, officer: Chief Financial Officer |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| Timothy L Christen |
director |
715 SOUTH STREET, MAYVILLE WI 53050 |
| Steven J. Mclaughlin |
10 percent owner |
277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172 |
| Ying Liu |
director |
C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204 |
| Sf Roofdeck Gp Llc |
10 percent owner |
1521 ALTON ROAD, #345, MIAMI BEACH FL 33139 |
| Steven J. Mclaughlin Revocable Trust |
10 percent owner |
1521 ALTON ROAD, #345, MIAMI BEACH FL 33139 |
| Exp 2020 Spv Lp |
10 percent owner |
1521 ALTON ROAD, #345, MIAMI BEACH FL 33139 |
| Openview Management, Llc |
10 percent owner |
C/O OPENVIEW VENTURE PARTNERS, 303 CONGRESS STREET, 6TH FLOOR, BOSTON MA 02210 |
| David Martirano |
other: See Remarks |
50 MILK STREET, 16TH FLOOR, BOSTON MA 02109 |
| Demartini James G B Iii |
10 percent owner |
THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065 |
| Unameit Trust Under Declaration Of Trust Dated March 10, 2000 |
10 percent owner |
THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065 |
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