Remitly Cash And Short Term Investments from 2010 to 2024

RELY Stock  USD 20.68  0.22  1.08%   
Remitly Global Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 241.7 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2002-03-31
Previous Quarter
187.9 M
Current Value
600.5 M
Quarterly Volatility
413.4 M
 
Housing Crash
 
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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Remitly Global over the last few years. Short Term Investments is an account in the current assets section of Remitly Global balance sheet. This account contains Remitly Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Remitly Global fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Remitly Global's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Remitly Cash And Short Term Investments Regression Statistics

Arithmetic Mean153,403,895
Geometric Mean108,109,013
Coefficient Of Variation78.75
Mean Deviation99,582,154
Median151,204,000
Standard Deviation120,802,429
Sample Variance14593.2T
Range375.5M
R-Value0.75
Mean Square Error6910.9T
R-Squared0.56
Significance0
Slope20,218,707
Total Sum of Squares204305.2T

Remitly Cash And Short Term Investments History

2024241.7 M
2023323.7 M
2022300.6 M
2021403.3 M
2020186.7 M
2018182.4 M
201731.9 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Cash And Short Term Investments, 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
Cash And Short Term Investments323.7 M241.7 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.