Remitly Global Inc Cash Flow Conversion Efficiency
Remitly Global Inc cash flow conversion efficiency. Based on the latest financial reports, Remitly Global Inc (RELY) has a cash flow conversion efficiency ratio of 0.002x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.37 Million) by net assets ($797.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Remitly Global Inc (2002–2024)
Cash flow conversion efficiency of Remitly Global Inc from 2002 to 2024. This chart illustrates how Remitly Global Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Remitly Global Inc for real-time trading data and today's change.
Remitly Global Inc Cash Flow Conversion Ratio Explained
Remitly Global Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Remitly Global Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Remitly Global Inc ranked by their cash flow conversion efficiency. Also see RELY company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
H B Fuller Company
NYSE:FUL
|
-0.002x |
|
Mandatum Oyj
HE:MANTA
|
0.143x |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
-0.015x |
|
Boralex Inc
TO:BLX
|
0.019x |
|
Atlanta Braves Holdings, Inc. Series C Common Stock
NASDAQ:BATRK
|
0.042x |
|
Asahi India Glass Limited
NSE:ASAHIINDIA
|
0.038x |
|
Hesai Group Sponsored ADR
NASDAQ:HSAI
|
-0.004x |
|
Bandhan Bank Limited
NSE:BANDHANBNK
|
-0.323x |
Annual Cash Flow Conversion Efficiency for Remitly Global Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of Remitly Global Inc from 2002 to 2024. Review RELY FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $665.47 Million | $194.49 Million | 0.292x | +388.67% |
| 2023-12-31 | $529.34 Million | $-53.59 Million | -0.101x | +55.27% |
| 2022-12-31 | $480.09 Million | $-108.66 Million | -0.226x | -491.11% |
| 2021-12-31 | $480.33 Million | $-18.39 Million | -0.038x | +94.09% |
| 2020-12-31 | $176.38 Million | $-114.21 Million | -0.648x | -991.08% |
| 2019-12-31 | $116.08 Million | $8.44 Million | 0.073x | -54.32% |
| 2017-12-31 | $-81.10 Million | $-12.90 Million | 0.159x | -42.87% |
| 2016-12-31 | $33.40 Million | $9.30 Million | 0.278x | -57.38% |
| 2015-12-31 | $141.60 Million | $92.50 Million | 0.653x | +501.88% |
| 2014-12-31 | $85.71 Million | $-13.93 Million | -0.163x | -135.35% |
| 2013-12-31 | $49.92 Million | $22.95 Million | 0.460x | +1071.23% |
| 2012-12-31 | $58.23 Million | $2.29 Million | 0.039x | +116.03% |
| 2011-12-31 | $63.84 Million | $-15.63 Million | -0.245x | -130.53% |
| 2010-12-31 | $91.15 Million | $73.12 Million | 0.802x | +488.28% |
| 2007-12-31 | $1.11 Billion | $151.90 Million | 0.136x | -72.51% |
| 2004-12-31 | $1.01 Billion | $502.79 Million | 0.496x | -39.83% |
| 2003-12-31 | $664.73 Million | $547.99 Million | 0.824x | -91.60% |
| 2002-12-31 | $399.02 Million | $3.91 Billion | 9.809x | -- |
About Remitly Global Inc
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.