Remitly Short Term Debt from 2010 to 2024

RELY Stock  USD 20.56  0.27  1.30%   
Remitly Global Short Term Debt yearly trend continues to be fairly stable with very little volatility. Short Term Debt will likely drop to about 8.1 M in 2024. During the period from 2010 to 2024, Remitly Global Short Term Debt regression line of annual values had r-squared of  0.12 and arithmetic mean of  36,108,223. View All Fundamentals
 
Short Term Debt  
First Reported
2002-03-31
Previous Quarter
14.9 M
Current Value
7.9 M
Quarterly Volatility
75.5 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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Remitly Global over the last few years. It is Remitly Global's Short Term Debt 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.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Remitly Short Term Debt Regression Statistics

Arithmetic Mean36,108,223
Geometric Mean9,908,936
Coefficient Of Variation219.15
Mean Deviation45,701,614
Median6,480,000
Standard Deviation79,129,463
Sample Variance6261.5T
Range306.7M
R-Value(0.34)
Mean Square Error5964.4T
R-Squared0.12
Significance0.22
Slope(6,012,841)
Total Sum of Squares87660.6T

Remitly Short Term Debt History

20248.1 M
20238.5 M
2022M
20216.5 M
202083 M
201847.6 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Short Term Debt, 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
Short Term Debt8.5 M8.1 M

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.