What is the level of liabilities of Expensify this year?
Expensify has a debt balance of 76.04 M USD this year.
Expensify Liabilities 2024
Expensify Liabilities
76.04 M USD
Ticker
EXFY
ISIN
US30219Q1067
In 2024, Expensify's total liabilities amounted to 76.04 M USD, a -32.71% difference from the 113 M USD total liabilities 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.Liabilities Details
Assessing Expensify's Liabilities
Expensify's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Expensify's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Expensify's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Expensify's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Expensify’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Expensify stock
What were the liabilities of Expensify compared to the previous year?
The liabilities of Expensify have increased by -32.71% dropped compared to the previous year.
What are the consequences of high debt for investors of Expensify?
High liabilities can pose a risk for investors of Expensify, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Expensify?
Low liabilities mean that Expensify has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Expensify affect the company?
An increase in liabilities of Expensify can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Expensify affect the company?
A decrease in the liabilities of Expensify can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Expensify?
Some factors that can influence the liabilities of Expensify include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Expensify so important for investors?
The liabilities of Expensify are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Expensify take to modify the liabilities?
To change its liabilities, Expensify can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 8/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.
When did Expensify pay the last dividend?
The last dividend was paid out on 8/20/2024.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.