Remitly Capital Lease Obligations from 2010 to 2024

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Global Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations will likely drop to about 9 M in 2024. Capital Lease Obligations is the total obligations of Remitly Global under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
10.5 M
Current Value
M
Quarterly Volatility
961.4 K
 
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 Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Remitly Global over the last few years. Remitly Global capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Remitly Global asset purchases. For example, Remitly Global can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Remitly Global control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Remitly Global's Capital Lease Obligations 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.
Capital Lease Obligations10 Years Trend
Pretty Stable
   Capital Lease Obligations   
       Timeline  

Remitly Capital Lease Obligations Regression Statistics

Arithmetic Mean8,130,084
Geometric Mean8,077,670
Coefficient Of Variation11.82
Mean Deviation572,934
Median8,015,000
Standard Deviation961,362
Sample Variance924.2B
Range4.4M
R-Value0.28
Mean Square Error915.7B
R-Squared0.08
Significance0.31
Slope60,807
Total Sum of Squares12.9T

Remitly Capital Lease Obligations History

2024M
202310.5 M
20229.2 M
20216.1 M
2020M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Capital Lease Obligations, 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
Capital Lease Obligations10.5 MM

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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.