Remitly Return On Equity from 2010 to 2024

RELY Stock  USD 20.56  0.27  1.30%   
Remitly Global Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Remitly Global in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.22)
Current Value
(0.21)
Quarterly Volatility
0.90968897
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Remitly Global over the last few years. Return on Equity is the amount of Remitly Global net income returned as a percentage of Remitly Global equity. Return on equity measures Remitly Global profitability by revealing how much profit Remitly Global generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Remitly Global's Return On Equity 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.
ViewLast Reported -0.1110 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Remitly Return On Equity Regression Statistics

Arithmetic Mean(0.25)
Geometric Mean0.24
Coefficient Of Variation(362.16)
Mean Deviation0.43
Median(0.20)
Standard Deviation0.91
Sample Variance0.83
Range4.5793
R-Value(0.04)
Mean Square Error0.89
R-Squared0
Significance0.87
Slope(0.01)
Total Sum of Squares11.59

Remitly Return On Equity History

2024 -0.21
2022 -0.24
2021 -0.0807
2020 -0.18
2018 -0.44
2017 1.49
2016 -3.09

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Return On Equity, 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
Return On Equity(0.22)(0.21)

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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.