Expensify Balance Sheet Health
Financial Health criteria checks 4/6
Expensify has a total shareholder equity of $106.5M and total debt of $22.6M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are $184.8M and $78.3M respectively.
Key information
21.2%
Debt to equity ratio
US$22.62m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.34m |
| Equity | US$106.51m |
| Total liabilities | US$78.26m |
| Total assets | US$184.77m |
Recent financial health updates
Recent updates
Expensify: A Busted IPO To An Undervalued SaaS Micro-Cap
May 07Expensify: A Company That Hopes To Turn The Corner In 2024
Apr 02Expensify: Poor Execution And Outlook (Rating Downgrade)
Mar 05There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise
Mar 01
Expensify May Have More Surprises In Store (Rating Upgrade)
Feb 27Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?
Feb 19Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook
Nov 16The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%
Nov 10An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued
Mar 10An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 47% Undervalued
Nov 12Expensify GAAP EPS of -$0.10 misses by $0.02, revenue of $43.16M misses by $0.49M
Aug 11Are Investors Undervaluing Expensify, Inc. (NASDAQ:EXFY) By 44%?
Aug 07Expensify: A First Evaluation
Apr 22Expensify, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Apr 02Financial Position Analysis
Short Term Liabilities: EXFY's short term assets ($143.2M) exceed its short term liabilities ($70.3M).
Long Term Liabilities: EXFY's short term assets ($143.2M) exceed its long term liabilities ($7.9M).
Debt to Equity History and Analysis
Debt Level: EXFY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EXFY's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EXFY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EXFY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.