Is it safe?
Can RELY take a bad year?
Remitly Global, Inc. holds $673M more cash than debt, so a bad year is a question about profits, not about lenders.
$673M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 6.26
Altman Z-score · safe zone, above 3
- Interest cover
- 16.7×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $3.0M
- Cash and short-term investments
- $676M
- Net cash
- $673M
- EBITDA, trailing twelve months
- $197M
- Operating profit, trailing twelve months
- $171M
- Debt / equity
- 0.00×
- Total debt / EBITDA
- 0.01×
- Annualised volatilitytwo years of daily moves
- 51%
- Worst drawdown on file
- −86%
- Below its 52-week high
- −3.5%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #46 of 78 by Smart Score