Remitly Net Tangible Assets from 2010 to 2025

RELY Stock  USD 24.72  0.86  3.60%   
Remitly Global Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2025. Net Tangible Assets is the total assets of Remitly Global minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
552.1 M
Current Value
579.7 M
Quarterly Volatility
337.7 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 17.2 M, Interest Expense of 3.1 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 3.3, Dividend Yield of 0.0 or PTB Ratio of 6.27. 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 Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Remitly Global over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Remitly Global's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
-211.3M480.3M480.1M552.1M579.7M100%
       Timeline  

Remitly Net Tangible Assets Regression Statistics

Arithmetic Mean30,813,631
Coefficient Of Variation1,096
Mean Deviation302,279,868
Median(186,796,000)
Standard Deviation337,732,654
Sample Variance114063.3T
Range791M
R-Value0.81
Mean Square Error42375.3T
R-Squared0.65
Significance0.0002
Slope57,335,334
Total Sum of Squares1710950.2T

Remitly Net Tangible Assets History

2025579.7 M
2024552.1 M
2022480.1 M
2021480.3 M
2020-211.3 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Net Tangible Assets, 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 Tangible Assets552.1 M579.7 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.