Remitly Global Financials
| RELY Stock | USD 20.68 0.22 1.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.57 | 2.5409 |
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The essential information of the day-to-day investment outlook for Remitly Global includes many different criteria found on its balance sheet. An individual investor should monitor Remitly Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Remitly Global.
Net Income |
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Remitly | Select Account or Indicator |
Understanding current and past Remitly Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Remitly Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Remitly Global's assets may result in an increase in income on the income statement.
Remitly Global Earnings Geography
Please note, the imprecision that can be found in Remitly Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Remitly Global. Check Remitly Global's Beneish M Score to see the likelihood of Remitly Global's management manipulating its earnings.
Remitly Global Stock Summary
Remitly Global competes with ACI Worldwide, EverCommerce, Global Blue, CSG Systems, and Secureworks Corp. Remitly Global, Inc. provides digital financial services for immigrants and their families. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Remitly Global operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1800 people.Specialization | Financials, Software - Infrastructure |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US75960P1049 |
| CUSIP | 75960P104 |
| Location | Washington; U.S.A |
| Business Address | 111 Third Avenue, |
| Sector | Financial Services |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.remitly.com/us/en |
| Phone | 888 736 4859 |
| Currency | USD - US Dollar |
Remitly Global Key Financial Ratios
| Return On Equity | -0.11 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | 0 % | |||
| Price To Sales | 3.44 X | |||
| Revenue | 944.28 M |
Remitly Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Remitly Global's current stock value. Our valuation model uses many indicators to compare Remitly Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Remitly Global competition to find correlations between indicators driving Remitly Global's intrinsic value. More Info.Remitly Global is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Remitly Global's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Remitly Global's earnings, one of the primary drivers of an investment's value.Remitly Global's Earnings Breakdown by Geography
Remitly Global Systematic Risk
Remitly Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Remitly Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Remitly Global correlated with the market. If Beta is less than 0 Remitly Global generally moves in the opposite direction as compared to the market. If Remitly Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Remitly Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Remitly Global is generally in the same direction as the market. If Beta > 1 Remitly Global moves generally in the same direction as, but more than the movement of the benchmark.
Remitly Global Thematic Clasifications
Remitly Global is part of Aggressive Defence investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Small capitalization, high growth potential companies. Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility
This theme covers Small capitalization, high growth potential companies. Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. Get More Thematic Ideas
| Aggressive Defence | View |
Today, most investors in Remitly Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Remitly Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Remitly Global growth as a starting point in their analysis.
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Remitly Global November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Remitly Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Remitly Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Remitly Global based on widely used predictive technical indicators. In general, we focus on analyzing Remitly Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Remitly Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.171 | |||
| Maximum Drawdown | 19.9 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 4.1 |
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.