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. See Remitly Global Inc balance sheet independence to measure how much of total assets are equity-financed.
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. Check RELY cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SpareBank 1 Østlandet
OL:SPOL
|
-0.018x |
|
Double Medical Technology Inc
SHE:002901
|
0.054x |
|
Mandatum Oyj
HE:MANTA
|
0.143x |
|
CCC Intelligent Solutions Holdings Inc.
NASDAQ:CCC
|
0.033x |
|
An Hui Wenergy Co Ltd
SHE:000543
|
0.126x |
|
Hesai Group Sponsored ADR
NASDAQ:HSAI
|
-0.004x |
|
Ebos Group Ltd
AU:EBO
|
0.017x |
|
Voltronic Power Technology Corp
TW:6409
|
0.046x |
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. For the full company profile with market capitalisation and key ratios, see Remitly Global Inc market cap and net worth.
| 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.