Remitly Global Inc (RELY) — Defensive Interval Ratio

Latest as of September 2025: 597 days

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. Check RELY tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

597 days
Days of operational coverage

Defensive Assets

$615.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.03 Million
Current Liabilities ÷ 365

Current Liabilities

$376.06 Million
USD

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. Also explore Remitly Global Inc (RELY) equity growth momentum to track the company's year-over-year net asset growth rate.

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 market cap.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)