Remitly Historical Balance Sheet
RELY Stock | USD 20.74 0.62 2.90% |
Trend analysis of Remitly Global balance sheet accounts such as Cash of 240.7 M, Other Assets of 5.4 M, Cash And Short Term Investments of 241.7 M or Liabilities And Stockholders Equity of 984.5 M provides information on Remitly Global's total assets, liabilities, and equity, which is the actual value of Remitly Global to its prevalent stockholders. By breaking down trends over time using Remitly Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Remitly Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Remitly Global is a good buy for the upcoming year.
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About Remitly Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Remitly Global at a specified time, usually calculated after every quarter, six months, or one year. Remitly Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Remitly Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Remitly currently owns. An asset can also be divided into two categories, current and non-current.
Remitly Global Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Remitly Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Remitly Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Remitly Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Remitly Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Remitly Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Property Plant And Equipment Gross is fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 579.7 M in 2024, whereas Total Assets are likely to drop slightly above 984.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.1M | 9.2M | 143.0M | 108.5M | Total Assets | 625.7M | 696.0M | 1.0B | 984.5M |
Remitly Global balance sheet Correlations
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Remitly Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.