Remitly (RELY) - Total debt

Total debt on the balance sheet as of September 2024 : $13.68 Million USD

According to Remitly's latest financial reports the company's total debt is $13.68 Million USD. A company’s total debt is the sum of all current and non-current debts.

Remitly - Total debt on balance sheet (from 2020 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	$0.14 B	1455.08%
2022-12-31	$9.19 M	49.59%
2021-12-31	$6.14 M	-92.93%
2020-12-31	$86.96 M	64.04%
2019-12-31	$53.01 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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