Remitly Other Current Liab vs Short Long Term Debt Total 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 Other Current Liab and its Short Long Term Debt Total 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.

Other Current Liab vs Short Long Term Debt Total

Other Current Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Remitly Global Other Current Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Remitly Global's Other Current Liab and Short Long Term Debt Total is -0.19. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Long Term Debt Total 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 Other Current Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Remitly Global are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Liab i.e., Remitly Global's Other Current Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Short Long Term Debt Total

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 (33.27).
 2021 2022 2023 2024 (projected)
Total Revenue458.6M653.6M944.3M558.5M
Interest Expense1.3M1.3M2.4M2.2M

Remitly Global fundamental ratios Correlations

0.830.810.330.960.590.620.080.990.080.56-0.10.99-0.040.930.870.26-0.07-0.010.2-0.050.03-0.08-0.13-0.13-0.1
0.830.680.140.750.850.43-0.170.8-0.180.91-0.110.84-0.110.740.790.020.320.410.29-0.060.43-0.21-0.06-0.09-0.19
0.810.680.530.690.30.350.370.720.370.490.20.770.480.710.660.380.120.090.130.480.130.410.40.40.46
0.330.140.530.29-0.360.290.890.240.890.050.510.240.730.220.020.67-0.31-0.32-0.260.540.010.710.550.420.61
0.960.750.690.290.530.740.10.980.10.45-0.240.97-0.170.950.830.3-0.2-0.120.0-0.25-0.11-0.21-0.28-0.21-0.24
0.590.850.3-0.360.530.2-0.660.62-0.670.83-0.310.65-0.510.540.73-0.370.460.560.51-0.350.46-0.59-0.36-0.39-0.53
0.620.430.350.290.740.20.270.680.260.09-0.590.62-0.260.80.40.58-0.59-0.49-0.39-0.44-0.34-0.14-0.45-0.12-0.31
0.08-0.170.370.890.1-0.660.270.01.0-0.270.37-0.010.760.06-0.230.75-0.42-0.48-0.580.51-0.270.750.560.590.68
0.990.80.720.240.980.620.680.0-0.010.51-0.220.99-0.190.950.860.24-0.15-0.070.19-0.19-0.04-0.19-0.29-0.25-0.23
0.08-0.180.370.890.1-0.670.261.0-0.01-0.280.37-0.020.760.05-0.230.75-0.42-0.49-0.570.51-0.280.750.560.590.69
0.560.910.490.050.450.830.09-0.270.51-0.280.090.57-0.030.40.61-0.210.610.690.390.060.7-0.20.11-0.03-0.13
-0.1-0.110.20.51-0.24-0.31-0.590.37-0.220.370.09-0.170.73-0.41-0.18-0.10.250.180.290.770.360.610.720.240.67
0.990.840.770.240.970.650.62-0.010.99-0.020.57-0.17-0.130.940.890.21-0.040.020.22-0.130.03-0.17-0.21-0.18-0.18
-0.04-0.110.480.73-0.17-0.51-0.260.76-0.190.76-0.030.73-0.13-0.2-0.230.380.09-0.02-0.140.930.140.920.930.760.97
0.930.740.710.220.950.540.80.060.950.050.4-0.410.94-0.20.780.38-0.25-0.180.02-0.24-0.16-0.16-0.3-0.14-0.22
0.870.790.660.020.830.730.4-0.230.86-0.230.61-0.180.89-0.230.78-0.040.250.340.29-0.180.23-0.34-0.19-0.13-0.25
0.260.020.380.670.3-0.370.580.750.240.75-0.21-0.10.210.380.38-0.04-0.58-0.58-0.460.18-0.40.50.160.440.37
-0.070.320.12-0.31-0.20.46-0.59-0.42-0.15-0.420.610.25-0.040.09-0.250.25-0.580.970.340.230.65-0.170.40.270.08
-0.010.410.09-0.32-0.120.56-0.49-0.48-0.07-0.490.690.180.02-0.02-0.180.34-0.580.970.360.110.75-0.280.270.18-0.05
0.20.290.13-0.260.00.51-0.39-0.580.19-0.570.390.290.22-0.140.020.29-0.460.340.360.180.43-0.06-0.06-0.39-0.07
-0.05-0.060.480.54-0.25-0.35-0.440.51-0.190.510.060.77-0.130.93-0.24-0.180.180.230.110.180.30.880.890.640.96
0.030.430.130.01-0.110.46-0.34-0.27-0.04-0.280.70.360.030.14-0.160.23-0.40.650.750.430.3-0.010.290.070.1
-0.08-0.210.410.71-0.21-0.59-0.140.75-0.190.75-0.20.61-0.170.92-0.16-0.340.5-0.17-0.28-0.060.88-0.010.780.660.94
-0.13-0.060.40.55-0.28-0.36-0.450.56-0.290.560.110.72-0.210.93-0.3-0.190.160.40.27-0.060.890.290.780.790.89
-0.13-0.090.40.42-0.21-0.39-0.120.59-0.250.59-0.030.24-0.180.76-0.14-0.130.440.270.18-0.390.640.070.660.790.77
-0.1-0.190.460.61-0.24-0.53-0.310.68-0.230.69-0.130.67-0.180.97-0.22-0.250.370.08-0.05-0.070.960.10.940.890.77
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Remitly Global Account Relationship Matchups

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