Remitly Net Working Capital from 2010 to 2024

RELY Stock  USD 22.64  0.21  0.94%   
Remitly Global Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 387 M in 2024. During the period from 2010 to 2024, Remitly Global Net Working Capital regression line of annual values had r-squared of  0.59 and arithmetic mean of  205,442,584. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
565.3 M
Current Value
387 M
Quarterly Volatility
169 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Remitly Global over the last few years. It is Remitly Global's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Remitly Net Working Capital Regression Statistics

Arithmetic Mean205,442,584
Geometric Mean159,800,382
Coefficient Of Variation82.27
Mean Deviation140,893,790
Median103,961,000
Standard Deviation169,025,739
Sample Variance28569.7T
Range461.3M
R-Value0.77
Mean Square Error12486.7T
R-Squared0.59
Significance0.0008
Slope29,133,269
Total Sum of Squares399975.8T

Remitly Net Working Capital History

2024387 M
2023565.3 M
2022460.3 M
2021465.9 M
2020163.6 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital565.3 M387 M

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.