Etsy Depreciation And Amortization vs Income Tax Expense Analysis

ETSY Stock  USD 63.97  0.12  0.19%   
Etsy financial indicator trend analysis is much more than just examining Etsy Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Etsy Inc is a good investment. Please check the relationship between Etsy Depreciation And Amortization and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Etsy's Depreciation And Amortization and Income Tax Expense is 0.01. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Etsy Inc, assuming nothing else is changed. The correlation between historical values of Etsy's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Etsy Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Etsy's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Tax Expense

Most indicators from Etsy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Etsy Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Etsy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, despite the fact that Tax Provision is likely to grow to (14 M).
 2021 2022 2023 2024 (projected)
Interest Expense9.9M14.2M14.0M13.6M
Depreciation And Amortization74.3M96.7M91.3M45.9M

Etsy fundamental ratios Correlations

0.880.790.80.80.070.780.840.90.66-0.480.810.850.750.820.740.780.860.790.570.790.80.790.780.880.79
0.880.890.880.88-0.010.760.910.940.79-0.460.870.890.930.970.860.890.880.860.730.690.720.890.830.820.89
0.790.890.990.99-0.410.630.870.890.96-0.770.980.790.820.90.961.00.760.980.570.60.61.00.960.761.0
0.80.880.991.0-0.390.640.840.90.91-0.781.00.830.780.870.960.990.80.990.520.620.610.990.970.790.99
0.80.880.991.0-0.390.650.840.910.9-0.791.00.840.770.870.960.990.80.990.510.640.610.980.970.80.99
0.07-0.01-0.41-0.39-0.390.15-0.16-0.19-0.530.79-0.40.00.01-0.13-0.37-0.420.04-0.420.280.110.16-0.41-0.39-0.06-0.41
0.780.760.630.640.650.150.870.760.54-0.360.650.660.720.690.750.630.650.660.570.860.510.640.690.790.64
0.840.910.870.840.84-0.160.870.920.82-0.590.840.760.870.910.870.860.740.840.620.820.580.860.840.850.86
0.90.940.890.90.91-0.190.760.920.77-0.660.910.930.780.920.860.890.910.890.480.780.750.890.840.940.9
0.660.790.960.910.9-0.530.540.820.77-0.740.90.580.820.840.910.960.560.90.590.460.410.960.910.590.95
-0.48-0.46-0.77-0.78-0.790.79-0.36-0.59-0.66-0.74-0.79-0.52-0.31-0.53-0.74-0.77-0.5-0.80.06-0.47-0.37-0.76-0.79-0.64-0.77
0.810.870.981.01.0-0.40.650.840.910.9-0.790.830.760.860.960.980.81.00.490.650.60.980.970.80.99
0.850.890.790.830.840.00.660.760.930.58-0.520.830.660.840.760.790.990.810.40.720.820.780.730.910.8
0.750.930.820.780.770.010.720.870.780.82-0.310.760.660.90.80.820.630.760.90.540.480.830.760.60.82
0.820.970.90.870.87-0.130.690.910.920.84-0.530.860.840.90.840.90.830.850.660.670.710.90.820.80.9
0.740.860.960.960.96-0.370.750.870.860.91-0.740.960.760.80.840.960.710.960.570.660.50.960.970.760.96
0.780.891.00.990.99-0.420.630.860.890.96-0.770.980.790.820.90.960.760.980.560.60.591.00.960.751.0
0.860.880.760.80.80.040.650.740.910.56-0.50.80.990.630.830.710.760.760.380.730.90.760.70.910.77
0.790.860.980.990.99-0.420.660.840.890.9-0.81.00.810.760.850.960.980.760.50.640.550.970.970.780.98
0.570.730.570.520.510.280.570.620.480.590.060.490.40.90.660.570.560.380.50.320.260.580.530.290.56
0.790.690.60.620.640.110.860.820.780.46-0.470.650.720.540.670.660.60.730.640.320.640.590.660.90.6
0.80.720.60.610.610.160.510.580.750.41-0.370.60.820.480.710.50.590.90.550.260.640.590.530.80.6
0.790.891.00.990.98-0.410.640.860.890.96-0.760.980.780.830.90.961.00.760.970.580.590.590.960.751.0
0.780.830.960.970.97-0.390.690.840.840.91-0.790.970.730.760.820.970.960.70.970.530.660.530.960.770.96
0.880.820.760.790.8-0.060.790.850.940.59-0.640.80.910.60.80.760.750.910.780.290.90.80.750.770.76
0.790.891.00.990.99-0.410.640.860.90.95-0.770.990.80.820.90.961.00.770.980.560.60.61.00.960.76
Click cells to compare fundamentals

Etsy Account Relationship Matchups

Etsy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding125.7M136.4M146.7M126.8M140.1M129.3M
Total Assets1.5B2.4B3.8B2.6B2.7B1.6B
Short Long Term Debt Total847.0M1.1B2.4B2.4B2.4B2.5B
Other Current Liab96.5M247.2M352.6M350.3M394.8M414.5M
Total Current Liabilities188.5M454.7M615.6M631.8M710.8M746.3M
Total Stockholder Equity406.6M742.4M628.6M(547.3M)(543.7M)(516.5M)
Other Liab86.1M100.1M201.9M127.1M146.1M111.6M
Property Plant And Equipment Net144.9M112.5M275.1M249.7M249.8M160.0M
Current Deferred Revenue7.6M11.3M12.3M14.0M14.6M9.0M
Net Debt403.7M(128.3M)1.6B1.5B1.5B1.5B
Retained Earnings(227.4M)(146.8M)71.7M(1.0B)(1.4B)(1.3B)
Accounts Payable76.1M187.7M248.2M262.7M295.3M310.1M
Cash443.3M1.2B780.2M921.3M914.3M554.5M
Non Current Assets Total621.3M509.7M2.5B1.1B1.1B679.8M
Non Currrent Assets Other34.9M29.7M56.1M47.7M45.2M24.7M
Other Assets24.8M69.0M152.0M130.4M150.0M157.5M
Long Term Debt785.1M1.1B2.3B2.3B2.3B2.4B
Cash And Short Term Investments817.3M1.7B984.6M1.2B1.2B747.7M
Net Receivables65.2M169.4M247.5M261.8M290.1M304.6M
Good Will138.7M140.8M1.4B137.7M138.4M210.2M
Common Stock Total Equity119K126K127K125K143.8K120.8K
Short Term Investments374.0M425.1M204.4M250.4M236.1M193.2M
Liabilities And Stockholders Equity1.5B2.4B3.8B2.6B2.7B1.6B
Non Current Liabilities Total947.2M1.2B2.6B2.6B2.5B2.6B
Other Current Assets38.6M56.2M109.4M80.2M129.9M136.4M
Other Stockholder Equity642.6M883.2M631.8M815.1M1.1B617.0M
Total Liab1.1B1.7B3.2B3.2B3.2B3.4B
Property Plant And Equipment Gross144.9M112.5M432.1M453.9M493.8M518.5M
Total Current Assets921.0M1.9B1.3B1.5B1.6B929.8M
Accumulated Other Comprehensive Income(8.7M)6.0M(75.0M)(314.2M)(267.5M)(254.1M)
Short Term Debt8.3M8.5M2.4M4.7M6.1M5.5M
Intangible Assets199.2M187.4M607.2M535.4M457.1M480.0M
Common Stock120K119K126K127K125K121.7K
Property Plant Equipment119.8M112.5M275.1M288.5M331.8M348.4M
Net Tangible Assets68.7M414.2M(1.3B)(1.2B)(1.1B)(1.0B)
Deferred Long Term Liab64.5M58.5M79.5M44.7M51.4M52.3M
Retained Earnings Total Equity(227.4M)(146.8M)71.7M(1.0B)(943.4M)(896.3M)
Long Term Debt Total785.1M1.1B2.3B2.3B2.6B2.8B
Capital Surpluse642.6M883.2M631.8M815.1M937.3M671.4M

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When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
2.19
Revenue Per Share
22.75
Quarterly Revenue Growth
0.008
Return On Assets
0.0914
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etsy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.