Remitly Capital Expenditures vs Free 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 Free 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 Free Cash Flow

Capital Expenditures vs Free 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 Free 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 Free Cash Flow is -0.23. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free 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 Free 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 Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Remitly Global's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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

Total Revenue Interest Expense

Remitly Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Shares Outstanding	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Short Term Investments	Inventory	Intangible Assets	Other Current Liab
Total Assets		0.83	0.81	0.33	0.96	0.59	0.62	0.08	0.99	0.08	0.56	-0.1	0.99	-0.04	0.93	0.87	0.26	-0.07	-0.01	0.2	-0.05	0.03	-0.08	-0.13	-0.13	-0.1
Short Long Term Debt Total	0.83		0.68	0.14	0.75	0.85	0.43	-0.17	0.8	-0.18	0.91	-0.11	0.84	-0.11	0.74	0.79	0.02	0.32	0.41	0.29	-0.06	0.43	-0.21	-0.06	-0.09	-0.19
Total Current Liabilities	0.81	0.68		0.53	0.69	0.3	0.35	0.37	0.72	0.37	0.49	0.2	0.77	0.48	0.71	0.66	0.38	0.12	0.09	0.13	0.48	0.13	0.41	0.4	0.4	0.46
Total Stockholder Equity	0.33	0.14	0.53		0.29	-0.36	0.29	0.89	0.24	0.89	0.05	0.51	0.24	0.73	0.22	0.02	0.67	-0.31	-0.32	-0.26	0.54	0.01	0.71	0.55	0.42	0.61
Current Deferred Revenue	0.96	0.75	0.69	0.29		0.53	0.74	0.1	0.98	0.1	0.45	-0.24	0.97	-0.17	0.95	0.83	0.3	-0.2	-0.12	0.0	-0.25	-0.11	-0.21	-0.28	-0.21	-0.24
Net Debt	0.59	0.85	0.3	-0.36	0.53		0.2	-0.66	0.62	-0.67	0.83	-0.31	0.65	-0.51	0.54	0.73	-0.37	0.46	0.56	0.51	-0.35	0.46	-0.59	-0.36	-0.39	-0.53
Retained Earnings	0.62	0.43	0.35	0.29	0.74	0.2		0.27	0.68	0.26	0.09	-0.59	0.62	-0.26	0.8	0.4	0.58	-0.59	-0.49	-0.39	-0.44	-0.34	-0.14	-0.45	-0.12	-0.31
Cash	0.08	-0.17	0.37	0.89	0.1	-0.66	0.27		0.0	1.0	-0.27	0.37	-0.01	0.76	0.06	-0.23	0.75	-0.42	-0.48	-0.58	0.51	-0.27	0.75	0.56	0.59	0.68
Other Assets	0.99	0.8	0.72	0.24	0.98	0.62	0.68	0.0		-0.01	0.51	-0.22	0.99	-0.19	0.95	0.86	0.24	-0.15	-0.07	0.19	-0.19	-0.04	-0.19	-0.29	-0.25	-0.23
Cash And Short Term Investments	0.08	-0.18	0.37	0.89	0.1	-0.67	0.26	1.0	-0.01		-0.28	0.37	-0.02	0.76	0.05	-0.23	0.75	-0.42	-0.49	-0.57	0.51	-0.28	0.75	0.56	0.59	0.69
Non Current Liabilities Total	0.56	0.91	0.49	0.05	0.45	0.83	0.09	-0.27	0.51	-0.28		0.09	0.57	-0.03	0.4	0.61	-0.21	0.61	0.69	0.39	0.06	0.7	-0.2	0.11	-0.03	-0.13
Other Stockholder Equity	-0.1	-0.11	0.2	0.51	-0.24	-0.31	-0.59	0.37	-0.22	0.37	0.09		-0.17	0.73	-0.41	-0.18	-0.1	0.25	0.18	0.29	0.77	0.36	0.61	0.72	0.24	0.67
Total Liab	0.99	0.84	0.77	0.24	0.97	0.65	0.62	-0.01	0.99	-0.02	0.57	-0.17		-0.13	0.94	0.89	0.21	-0.04	0.02	0.22	-0.13	0.03	-0.17	-0.21	-0.18	-0.18
Total Current Assets	-0.04	-0.11	0.48	0.73	-0.17	-0.51	-0.26	0.76	-0.19	0.76	-0.03	0.73	-0.13		-0.2	-0.23	0.38	0.09	-0.02	-0.14	0.93	0.14	0.92	0.93	0.76	0.97
Short Term Debt	0.93	0.74	0.71	0.22	0.95	0.54	0.8	0.06	0.95	0.05	0.4	-0.41	0.94	-0.2		0.78	0.38	-0.25	-0.18	0.02	-0.24	-0.16	-0.16	-0.3	-0.14	-0.22
Common Stock	0.87	0.79	0.66	0.02	0.83	0.73	0.4	-0.23	0.86	-0.23	0.61	-0.18	0.89	-0.23	0.78		-0.04	0.25	0.34	0.29	-0.18	0.23	-0.34	-0.19	-0.13	-0.25
Common Stock Shares Outstanding	0.26	0.02	0.38	0.67	0.3	-0.37	0.58	0.75	0.24	0.75	-0.21	-0.1	0.21	0.38	0.38	-0.04		-0.58	-0.58	-0.46	0.18	-0.4	0.5	0.16	0.44	0.37
Accounts Payable	-0.07	0.32	0.12	-0.31	-0.2	0.46	-0.59	-0.42	-0.15	-0.42	0.61	0.25	-0.04	0.09	-0.25	0.25	-0.58		0.97	0.34	0.23	0.65	-0.17	0.4	0.27	0.08
Non Current Assets Total	-0.01	0.41	0.09	-0.32	-0.12	0.56	-0.49	-0.48	-0.07	-0.49	0.69	0.18	0.02	-0.02	-0.18	0.34	-0.58	0.97		0.36	0.11	0.75	-0.28	0.27	0.18	-0.05
Non Currrent Assets Other	0.2	0.29	0.13	-0.26	0.0	0.51	-0.39	-0.58	0.19	-0.57	0.39	0.29	0.22	-0.14	0.02	0.29	-0.46	0.34	0.36		0.18	0.43	-0.06	-0.06	-0.39	-0.07
Net Receivables	-0.05	-0.06	0.48	0.54	-0.25	-0.35	-0.44	0.51	-0.19	0.51	0.06	0.77	-0.13	0.93	-0.24	-0.18	0.18	0.23	0.11	0.18		0.3	0.88	0.89	0.64	0.96
Good Will	0.03	0.43	0.13	0.01	-0.11	0.46	-0.34	-0.27	-0.04	-0.28	0.7	0.36	0.03	0.14	-0.16	0.23	-0.4	0.65	0.75	0.43	0.3		-0.01	0.29	0.07	0.1
Short Term Investments	-0.08	-0.21	0.41	0.71	-0.21	-0.59	-0.14	0.75	-0.19	0.75	-0.2	0.61	-0.17	0.92	-0.16	-0.34	0.5	-0.17	-0.28	-0.06	0.88	-0.01		0.78	0.66	0.94
Inventory	-0.13	-0.06	0.4	0.55	-0.28	-0.36	-0.45	0.56	-0.29	0.56	0.11	0.72	-0.21	0.93	-0.3	-0.19	0.16	0.4	0.27	-0.06	0.89	0.29	0.78		0.79	0.89
Intangible Assets	-0.13	-0.09	0.4	0.42	-0.21	-0.39	-0.12	0.59	-0.25	0.59	-0.03	0.24	-0.18	0.76	-0.14	-0.13	0.44	0.27	0.18	-0.39	0.64	0.07	0.66	0.79		0.77
Other Current Liab	-0.1	-0.19	0.46	0.61	-0.24	-0.53	-0.31	0.68	-0.23	0.69	-0.13	0.67	-0.18	0.97	-0.22	-0.25	0.37	0.08	-0.05	-0.07	0.96	0.1	0.94	0.89	0.77

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Remitly Global Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

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Remitly Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Remitly Global fundamental ratios Correlations

Remitly Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Remitly Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Other Assets
Other Assets	+ 0.98	Current Deferred Revenue
Total Liab	+ 0.97	Current Deferred Revenue

Cash And Short Term Investments	- 0.67	Net Debt
Cash	- 0.66	Net Debt
Accounts Payable	- 0.59	Retained Earnings
Other Stockholder Equity	- 0.59	Retained Earnings
Short Term Investments	- 0.59	Net Debt
Non Current Assets Total	- 0.58	Common Stock Shares Outstanding