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Expensify (Expensify) Net Current Asset Value : $0.72 (As of Dec. 2023)


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What is Expensify Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Expensify's net current asset value per share for the quarter that ended in Dec. 2023 was $0.72.

The historical rank and industry rank for Expensify's Net Current Asset Value or its related term are showing as below:

EXFY' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.32   Med: 9.81   Max: 69.84
Current: 2.45

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Expensify was 69.84. The lowest was 2.32. And the median was 9.81.

EXFY's Price-to-Net-Current-Asset-Value is ranked better than
79.83% of 1681 companies
in the Software industry
Industry Median: 5.33 vs EXFY: 2.45

Expensify Net Current Asset Value Historical Data

The historical data trend for Expensify's Net Current Asset Value 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.

* Premium members only.

Expensify Net Current Asset Value Chart

Expensify Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
-1.80 -1.33 0.63 0.90 0.72

Expensify Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.96 0.84 0.75 0.72

Competitive Comparison of Expensify's Net Current Asset Value

For the Software - Application subindustry, Expensify's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Expensify's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Expensify's Price-to-Net-Current-Asset-Value falls into.



Expensify Net Current Asset Value Calculation

Expensify's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(137.232-76.04-0-0)/85.2253
=0.72

Expensify's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(137.232-76.04-0-0)/85.2253
=0.72

* 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  (NAS:EXFY) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Expensify Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Expensify's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Expensify (Expensify) Business Description

Industry
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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