RELY

Remitly Global (RELY) boasts excellent fundamental quality, scoring 8.99/10. Key strengths include a Quick ratio of 2.20, an Asset-liability ratio of 34.3%, and an Equity multiplier of 1.52, all of which rank in high-performing groups. These metrics suggest robust liquidity, manageable leverage, and solid equity backing. However, factors like Asset-MV and Profit-MV are negative, indicating potential overvaluation or profit compression risks. The Shareholders' equity to Total liabilities ratio of 1.91 offers additional cushion. Overall, the balance sheet is healthy, but investors should watch the negative valuation metrics for early warning signs.