What is the debt of Expensify this year?
Expensify has a debt level of -24.49 USD this year.
Expensify Debt 2024
Expensify Debt
-24.49 USD
Ticker
EXFY
ISIN
US30219Q1067
In 2024, Expensify's total debt was -24.49 USD, a -36.73% change from the -38.7 USD total debt recorded in the previous year.
Expensify Aktienanalyse
What does Expensify do?
Expensify Inc is a leading provider of cost management software and services for companies of various sizes. The company was founded in 2008 by David Barrett as a web-based platform for automated expense capture and management. Today, it is headquartered in San Francisco, California, USA and has additional offices in Europe, Asia, and Australia. Expensify offers a variety of products and services aimed at making business expense processing easier, more efficient, and cost-effective. The company serves customers in a wide range of industries, including financial services, healthcare, technology, retail, manufacturing, education, public service, and government. Expensify's business model is based on a web-based platform that allows users to automatically track expenses, pay bills, submit reports, and receive reimbursements. The platform collects data on credit card expenses, bank transfers, receipts, and invoices, and automatically generates reports that can be customized at the user level. Expensify's products include the "Expensify" app for iOS and Android, which allows users to capture expenses on the go and connect to their bank accounts and credit cards. Additionally, Expensify also offers an API that allows companies to integrate the platform's functionality into their own applications. Expensify is also known for its groundbreaking innovations in AI technology, particularly in the area of automatic expense categorization, accounting, and reimbursement. The advanced technology leads to lower labor costs and significantly improved financial data analysis. Furthermore, it continues to expand its platform and introduce new features, including automatic expense reports or creating invoices on the go. Expensify also offers a variety of services to support its customers in the implementation, training, and use of its products. These services range from webinars and online guides to in-person training and on-site workshops. The company also provides 24/7 customer support via email and phone. Overall, Expensify remains an innovative pioneer in simplifying business expense management through technology and automation. With its advanced solutions, industry-leading technology, and highly skilled customer service, the company is well-positioned to remain a key player in its market in the future. Expensify ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Expensify's Debt Structure
Expensify's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Expensify's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Expensify’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Expensify’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Expensify stock
What was the debt of Expensify compared to the previous year?
The debt of Expensify has increased by -36.73% compared to the previous year dropped.
What are the consequences of high debt for investors in Expensify?
High debt can pose a risk for investors of Expensify, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Expensify?
Low debt means that Expensify has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Expensify affect the company?
An increase in debt of Expensify can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Expensify affect the company?
A reduction in debt of Expensify can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Expensify?
Some factors that can influence the debt of Expensify include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Expensify so important for investors?
The debts of Expensify are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Expensify take to change the debt?
To change the debt, Expensify can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Expensify pay?
Over the past 12 months, Expensify paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Expensify is expected to pay a dividend of 0 USD.
What is the dividend yield of Expensify?
The current dividend yield of Expensify is .
When does Expensify pay dividends?
Expensify pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Expensify?
Expensify paid dividends every year for the past 0 years.
What is the dividend of Expensify?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Expensify located?
Expensify is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Expensify kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Expensify from 8/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/21/2024.
When did Expensify pay the last dividend?
The last dividend was paid out on 8/21/2024.
What was the dividend of Expensify in the year 2023?
In the year 2023, Expensify distributed 0 USD as dividends.
In which currency does Expensify pay out the dividend?
The dividends of Expensify are distributed in USD.
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Andere Kennzahlen von Expensify
Our stock analysis for Expensify Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Expensify Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.