RELY
Price:
$13.45
Market Cap:
$2.81B
Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
Industry
Software - Infrastructure
IPO Date
2021-09-23
Stock Exchange
NASDAQ
Ticker
RELY
According to Remitly Global, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.85. This represents a change of 3.52% compared to the average of 2.75 of the last 4 quarters.
The mean historical Current Ratio of Remitly Global, Inc. over the last ten years is 2.69. The current 2.85 Current Ratio has changed 10.51% with respect to the historical average. Over the past ten years (40 quarters), RELY's Current Ratio was at its highest in in the September 2013 quarter at 9.54. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
2.69
Median
2.22
Minimum
1.32
Maximum
5.68
Discovering the peaks and valleys of Remitly Global, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 125.83%
Maximum Annual Current Ratio = 5.68
Minimum Annual Increase = -69.13%
Minimum Annual Current Ratio = 1.32
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.73 | 7.36% |
| 2023 | 2.54 | -20.61% |
| 2022 | 3.20 | -25.39% |
| 2021 | 4.29 | 125.83% |
| 2020 | 1.90 | 10.51% |
| 2019 | 1.72 | 30.72% |
| 2017 | 1.32 | -24.57% |
| 2016 | 1.74 | -0.51% |
| 2015 | 1.75 | -69.13% |
| 2014 | 5.68 | -8.60% |
The current Current Ratio of Remitly Global, Inc. (RELY) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.82
5-year avg
2.93
10-year avg
2.69
Remitly Global, Inc.’s Current Ratio is greater than Tenable Holdings, Inc. (0.94), less than WeRide Inc. (8.39), greater than SPS Commerce, Inc. (1.97), greater than Euronet Worldwide, Inc. (1.15), greater than DigitalOcean Holdings, Inc. (1.13), greater than PagSeguro Digital Ltd. (1.42), greater than Agilysys, Inc. (1.22), greater than BlackBerry Limited (2.79), less than Dave Inc. (8.69), greater than Pattern Group Inc. Series A Common Stock (2.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.94 | $3.21B | |
| 8.39 | $2.69B | |
| 1.97 | $3.17B | |
| 1.15 | $3.11B | |
| 1.13 | $4.23B | |
| 1.42 | $3.12B | |
| 1.22 | $3.54B | |
| 2.79 | $2.52B | |
| 8.69 | $2.84B | |
| 2.57 | $2.64B |
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What is the Current Ratio?
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What is Remitly Global, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Remitly Global, Inc. (RELY)?
What is the 5-year average Current Ratio for Remitly Global, Inc. (RELY)?
How does the current Current Ratio for Remitly Global, Inc. (RELY) compare to its historical average?