Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026)
Remitly Global's Interest Coverage Ratio was 21.16 in Q2 2026, up 138.4% from 8.87 a year earlier but down 4.1% from the prior quarter.
Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Remitly Global's Interest Coverage Ratio was 16.68 through Jun 30, 2026, up 231.8% year-over-year; for FY2025, it came in at 10.18.
- In earlier years, Interest Coverage Ratio was -12.06 in FY2024, -48.55 in FY2023, -92.96 in FY2022 and -31.63 in FY2021.
- Quarterly Interest Coverage Ratio has moved between -118.61 (Q2 2022) and 22.05 (Q1 2026) over five years.
- Per Business Quant data, RELY's Interest Coverage Ratio in the three quarters before Q2 2026 was 22.05 (Q1 2026), 15.24 (Q4 2025) and 5.57 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.82 Bn | 599.14 Bn | - | 35.45 |
| 2 | Mastercard | 494.77 Bn | 454.69 Bn | - | 25.63 |
| 3 | Wise | 14.20 Bn | -73.58 Bn | - | - |
| 4 | Remitly Global | 4.63 Bn | 2.29 Bn | 307.34 Mn | 21.16 |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | 3.34 |
| 6 | International Money Express | 351.86 Mn | -268.28 Mn | - | 3.77 |
| 7 | Currenc | 191.18 Mn | -35.74 Mn | 3.70 Mn | -1.20 |
| 8 | Sentage Holdings | 4.83 Mn | 4.83 Mn | - | - |
| 9 | American Express | 206.73 Bn | -1.45 Bn | - | 3.08 |
| 10 | Capital One Financial | 120.55 Bn | 120.55 Bn | - | 1.95 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.16 |
| Mar 31, 2026 | 22.05 |
| Dec 31, 2025 | 15.24 |
| Sep 30, 2025 | 5.57 |
| Jun 30, 2025 | 8.87 |
| Mar 31, 2025 | 9.42 |
| Dec 31, 2024 | -3.87 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | -21.16 |
| Mar 31, 2024 | -25.95 |
| Dec 31, 2023 | -39.44 |
| Sep 30, 2023 | -63.08 |
| Jun 30, 2023 | -30.78 |
| Mar 31, 2023 | -72.15 |
| Dec 31, 2022 | -69.93 |
| Sep 30, 2022 | -107.93 |
| Jun 30, 2022 | -118.61 |
| Mar 31, 2022 | -74.04 |
| Dec 31, 2021 | -79.51 |
| Sep 30, 2021 | -24.74 |
Remitly Global Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RELY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();