Remitly Depreciation And Amortization from 2010 to 2024

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Global Depreciation And Amortization yearly trend continues to be fairly stable with very little volatility. Depreciation And Amortization will likely drop to about 12.5 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2002-12-31
Previous Quarter
4.5 M
Current Value
5.3 M
Quarterly Volatility
8.4 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 Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Remitly Global over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Remitly Global's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Remitly Depreciation And Amortization Regression Statistics

Arithmetic Mean139,517,073
Coefficient Of Variation160.66
Mean Deviation161,601,951
Median46,000,000
Standard Deviation224,148,630
Sample Variance50242.6T
Range775.2M
R-Value0.52
Mean Square Error39678.4T
R-Squared0.27
Significance0.05
Slope25,882,756
Total Sum of Squares703396.5T

Remitly Depreciation And Amortization History

202412.5 M
202313.1 M
2022770.8 M
2021498.3 M
2020286.1 M
2018177.2 M
201752.7 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Depreciation And Amortization, 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
Depreciation And Amortization13.1 M12.5 M

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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.