Remitly Global Stock Current Liabilities

RELY Stock  USD 24.72  0.86  3.60%   
Remitly Global fundamentals help investors to digest information that contributes to Remitly Global's financial success or failures. It also enables traders to predict the movement of Remitly Stock. The fundamental analysis module provides a way to measure Remitly Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Remitly Global stock.
Short Long Term Debt TotalTotal Assets
At this time, Remitly Global's Total Current Liabilities is fairly stable compared to the past year. Non Current Liabilities Other is likely to rise to about 9.8 M in 2025, whereas Non Current Liabilities Total is likely to drop slightly above 17.5 M in 2025.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Remitly Global Company Current Liabilities Analysis

Remitly Global's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Remitly Global Current Liabilities

    
  155.1 M  
Most of Remitly Global's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Remitly Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Remitly Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Remitly Global is extremely important. It helps to project a fair market value of Remitly Stock properly, considering its historical fundamentals such as Current Liabilities. Since Remitly Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Remitly Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Remitly Global's interrelated accounts and indicators.
0.250.960.530.590.99-0.040.930.86-0.07-0.070.03-0.07-0.14-0.04-0.030.00.03-0.040.0-0.010.0
0.250.12-0.54-0.020.120.790.08-0.09-0.280.560.220.880.170.920.89-0.82-0.890.90.70.79-0.65
0.960.120.520.730.97-0.180.950.83-0.18-0.25-0.14-0.24-0.15-0.15-0.150.120.14-0.16-0.22-0.220.14
0.53-0.540.520.310.62-0.580.530.710.45-0.360.25-0.71-0.25-0.71-0.680.60.68-0.7-0.45-0.540.44
0.59-0.020.730.310.61-0.310.790.42-0.53-0.46-0.41-0.260.01-0.3-0.30.330.3-0.29-0.39-0.380.32
0.990.120.970.620.61-0.150.940.89-0.03-0.140.0-0.19-0.17-0.16-0.150.110.14-0.16-0.09-0.120.08
-0.040.79-0.18-0.58-0.31-0.15-0.21-0.240.030.880.270.850.530.870.94-0.77-0.860.940.790.86-0.34
0.930.080.950.530.790.94-0.210.78-0.23-0.25-0.19-0.19-0.09-0.25-0.240.270.26-0.23-0.18-0.20.13
0.86-0.090.830.710.420.89-0.240.780.27-0.170.17-0.36-0.06-0.3-0.30.220.28-0.31-0.21-0.250.16
-0.07-0.28-0.180.45-0.53-0.030.03-0.230.270.240.57-0.220.28-0.16-0.160.090.14-0.17-0.06-0.10.05
-0.070.56-0.25-0.36-0.46-0.140.88-0.25-0.170.240.370.70.470.680.78-0.64-0.690.770.740.8-0.17
0.030.22-0.140.25-0.410.00.27-0.190.170.570.370.14-0.030.170.21-0.21-0.170.190.370.31-0.26
-0.070.88-0.24-0.71-0.26-0.190.85-0.19-0.36-0.220.70.140.320.890.87-0.76-0.850.880.830.9-0.67
-0.140.17-0.15-0.250.01-0.170.53-0.09-0.060.280.47-0.030.320.260.3-0.16-0.250.310.110.190.11
-0.040.92-0.15-0.71-0.3-0.160.87-0.25-0.3-0.160.680.170.890.260.97-0.93-0.990.970.720.83-0.59
-0.030.89-0.15-0.68-0.3-0.150.94-0.24-0.3-0.160.780.210.870.30.97-0.91-0.971.00.780.88-0.45
0.0-0.820.120.60.330.11-0.770.270.220.09-0.64-0.21-0.76-0.16-0.93-0.910.97-0.88-0.68-0.770.49
0.03-0.890.140.680.30.14-0.860.260.280.14-0.69-0.17-0.85-0.25-0.99-0.970.97-0.96-0.71-0.820.52
-0.040.9-0.16-0.7-0.29-0.160.94-0.23-0.31-0.170.770.190.880.310.971.0-0.88-0.960.770.87-0.47
0.00.7-0.22-0.45-0.39-0.090.79-0.18-0.21-0.060.740.370.830.110.720.78-0.68-0.710.770.98-0.46
-0.010.79-0.22-0.54-0.38-0.120.86-0.2-0.25-0.10.80.310.90.190.830.88-0.77-0.820.870.98-0.48
0.0-0.650.140.440.320.08-0.340.130.160.05-0.17-0.26-0.670.11-0.59-0.450.490.52-0.47-0.46-0.48
Click cells to compare fundamentals

Remitly Current Liabilities Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Remitly Global current liabilities as a starting point in their analysis.
   Remitly Global Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Remitly Total Current Liabilities

Total Current Liabilities

345.46 Million

At this time, Remitly Global's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Remitly Global has a Current Liabilities of 155.1 M. This is 99.16% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The current liabilities for all United States stocks is 98.04% higher than that of the company.

Remitly Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Remitly Global's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Remitly Global could also be used in its relative valuation, which is a method of valuing Remitly Global by comparing valuation metrics of similar companies.
155.1M25.7M442.4M24.2M100%
Remitly Global is currently under evaluation in current liabilities category among its peers.

Remitly Global Current Valuation Drivers

We derive many important indicators used in calculating different scores of Remitly Global from analyzing Remitly Global's financial statements. These drivers represent accounts that assess Remitly Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Remitly Global's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Enterprise Value7.8B3.0B1.6B3.3B4.0B4.8B

Remitly Global ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Remitly Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Remitly Global's managers, analysts, and investors.
54.6%
Environmental
54.9%
Governance
Social

Remitly Fundamentals

Return On Equity-0.0619
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-1,000%-500%0%500%
Return On Asset-0.023
Profit Margin(0.03) %
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-150%-100%-50%
Operating Margin(0.01) %
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-200%-150%-100%-50%
Current Valuation4.43 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-80%-60%-40%-20%0%
Shares Outstanding200.61 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%-80%-60%-40%-20%0%20%
Shares Owned By Insiders5.73 %
Shares Owned By Institutions82.28 %
Number Of Shares Shorted6.84 M
Price To Earning(0.43) X
Price To Book7.18 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%0%100%200%300%
Price To Sales3.79 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%0%100%200%300%400%500%
Revenue1.26 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%200%400%600%800%
Gross Profit749.2 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%200%400%600%800%
EBITDA(15.44 M)
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-200%-150%-100%-50%
Net Income(36.98 M)
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-200%-150%-100%-50%
Cash And Equivalents429.71 M
Cash Per Share2.56 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-50%0%50%100%150%200%250%
Total Debt16.29 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%-80%-60%-40%-20%
Debt To Equity0.02 %
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%0%100%200%300%400%
Current Ratio2.80 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31500%1,000%1,500%2,000%2,500%
Book Value Per Share3.32 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-200%-100%0%100%
Cash Flow From Operations194.49 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%-80%-60%-40%-20%
Short Ratio4.93 X
Earnings Per Share(0.19) X
Price To Earnings To Growth(0.02) X
Target Price30.67
Number Of Employees2.8 K
Beta0.071
Market Capitalization4.79 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-80%-60%-40%-20%
Total Asset1.01 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-80%-60%-40%-20%
Retained Earnings(528.28 M)
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-1,000%-800%-600%-400%-200%
Working Capital568.51 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Current Asset271.8 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%100%200%300%400%500%
Current Liabilities155.1 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-80%-60%-40%-20%
Net Asset1.01 B

About Remitly Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Remitly Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Remitly Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Remitly Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.