Remitly Global Inc (RELY) - 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. Also see market value of Remitly Global Inc for the company's overall valuation and market capitalisation.
Remitly Global Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Remitly Global Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore RELY cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Harbin Pharmaceutical Group Co Ltd
SHG:600664
|
-0.030x |
|
Mandatum Oyj
HE:MANTA
|
0.143x |
|
Boralex Inc
TO:BLX
|
0.019x |
|
Piramal Enterprises Limited
NSE:PEL
|
-0.299x |
|
The Baldwin Insurance Group, Inc.
NASDAQ:BWIN
|
0.032x |
|
JOYY Inc
NASDAQ:JOYY
|
0.005x |
|
Hesai Group Sponsored ADR
NASDAQ:HSAI
|
-0.004x |
|
Colt CZ Group SE
PR:COLT
|
0.008x |
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. View RELY stock price and chart for real-time trading data and today's change.
| 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.