Remitly Tax Provision from 2010 to 2024

RELY Stock  USD 13.09  0.17  1.28%   
Remitly Global Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Remitly Global to cover any estimated taxes for the current period. It reflects Remitly Global's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
5.9 M
Current Value
6.2 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Remitly Global over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Remitly Global's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Remitly Tax Provision Regression Statistics

Arithmetic Mean1,195,873
Geometric Mean524,673
Coefficient Of Variation167.22
Mean Deviation1,294,314
Median259,000
Standard Deviation1,999,733
Sample Variance4T
Range5.9M
R-Value0.68
Mean Square Error2.3T
R-Squared0.46
Significance0.01
Slope304,260
Total Sum of Squares56T

Remitly Tax Provision History

20246.2 M
20235.9 M
2021M
20201.2 M

About Remitly Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Remitly Global income statement, its balance sheet, and the statement of cash flows. Remitly Global investors use historical funamental indicators, such as Remitly Global's Tax Provision, to determine how well the company is positioned to perform in the future. Although Remitly Global investors may use each financial statement separately, they are all related. The changes in Remitly Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Remitly Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Remitly Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision5.9 M6.2 M

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.