Remitly Global Inc (RELY) — Defensive Interval Ratio
Remitly Global Inc (RELY) has a Defensive Interval Ratio of 597 days as of September 2025. Defensive assets of $615.02 Million (cash $-, short-term investments $307.51 Million, receivables $307.51 Million) cover 597 days of daily cash needs of $1.03 Million/day. See RELY net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Remitly Global Inc Defensive Interval Ratio (2011–2024)
This chart shows how Remitly Global Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 597 days, meaning defensive assets of $615.02 Million can fund 597 days of operations without new revenue. See RELY equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Remitly Global Inc (2011–2024)
The table below presents the year-by-year Defensive Interval Ratio for Remitly Global Inc from 2011 to 2024, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see RELY stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 452 days | $406.99 Million | $901.39K/day | $- | $193.97 Million | ▲ +56 days |
| 2023 | 396 days | $397.83 Million | $1.01 Million/day | $- | $- | ▼ -272 days |
| 2022 | 668 days | $382.80 Million | $572.99K/day | $- | $191.40 Million | ▲ +322 days |
| 2021 | 346 days | $134.43 Million | $387.99K/day | $- | $67.22 Million | ▲ +245 days |
| 2020 | 102 days | $50.73 Million | $498.02K/day | $- | $- | ▲ +27 days |
| 2019 | 75 days | $29.52 Million | $396.08K/day | $- | $- | ▼ -129 days |
| 2017 | 204 days | $129.50 Million | $635.62K/day | $- | $7.00 Million | ▲ +6 days |
| 2016 | 197 days | $89.00 Million | $450.68K/day | $- | $600.00K | ▲ +16 days |
| 2015 | 182 days | $77.20 Million | $424.93K/day | $- | $- | ▼ -53 days |
| 2014 | 235 days | $9.75 Million | $41.56K/day | $- | $5.24 Million | ▼ -15 days |
| 2013 | 250 days | $7.32 Million | $29.28K/day | $- | $3.58 Million | ▲ +76 days |
| 2012 | 174 days | $6.67 Million | $38.39K/day | $- | $3.06 Million | ▼ -128 days |
| 2011 | 301 days | $9.10 Million | $30.22K/day | $- | $4.99 Million | — |