Remitly Income Quality from 2010 to 2024

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Global Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality will likely drop to 0.43 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.45476918
Current Value
0.43
Quarterly Volatility
38.80270806
 
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 Income Quality Growth Pattern

Below is the plot of the Income Quality of Remitly Global over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Remitly Global's Income Quality 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.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

Remitly Income Quality Regression Statistics

Arithmetic Mean9.13
Coefficient Of Variation425.15
Mean Deviation18.61
Median0.11
Standard Deviation38.80
Sample Variance1,506
Range162
R-Value(0.40)
Mean Square Error1,357
R-Squared0.16
Significance0.14
Slope(3.50)
Total Sum of Squares21,079

Remitly Income Quality History

2024 0.43
2023 0.45
2022 0.92
2021 0.47
2020 3.51
2018 -0.16
2017 0.11

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Income Quality, 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
Income Quality 0.45  0.43 

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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.