Remitly Interest Expense from 2010 to 2025

RELY Stock  USD 23.32  0.68  2.83%   
Remitly Global Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 3.1 M in 2025. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2002-12-31
Previous Quarter
760 K
Current Value
967 K
Quarterly Volatility
134 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 17.2 M, Interest Expense of 3.1 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 3.3, Dividend Yield of 0.0 or PTB Ratio of 6.27. 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Remitly Global over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Remitly Global's Interest Expense 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.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Remitly Interest Expense Regression Statistics

Arithmetic Mean6,324,184
Geometric Mean2,675,049
Coefficient Of Variation172.39
Mean Deviation6,931,454
Median3,078,950
Standard Deviation10,902,312
Sample Variance118.9T
Range34.5M
R-Value(0.21)
Mean Square Error121.7T
R-Squared0.04
Significance0.43
Slope(481,891)
Total Sum of Squares1782.9T

Remitly Interest Expense History

20253.1 M
20243.2 M
20232.4 M
20221.3 M
20211.3 M
20201.2 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Interest Expense, 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
Interest Expense3.2 M3.1 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.