Remitly Capital Expenditures vs End Period Cash Flow Analysis
RELY Stock | USD 20.74 0.62 2.90% |
Remitly Global financial indicator trend analysis is much more than just breaking down Remitly Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Remitly Global is a good investment. Please check the relationship between Remitly Global Capital Expenditures and its End Period Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Remitly Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.
Capital Expenditures vs End Period Cash Flow
Capital Expenditures vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Remitly Global Capital Expenditures account and End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Remitly Global's Capital Expenditures and End Period Cash Flow is -0.27. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Remitly Global, assuming nothing else is changed. The correlation between historical values of Remitly Global's Capital Expenditures and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Remitly Global are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Capital Expenditures i.e., Remitly Global's Capital Expenditures and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Remitly Global to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Remitly Global operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.End Period Cash Flow
Most indicators from Remitly Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Remitly Global current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Remitly Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.At this time, Remitly Global's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 6.2 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (32.80).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 458.6M | 653.6M | 944.3M | 558.5M | Interest Expense | 1.3M | 1.3M | 2.4M | 2.2M |
Remitly Global fundamental ratios Correlations
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Remitly Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.