Etsy Net Debt vs Other Current Assets Analysis
ETSY Stock | USD 60.62 1.46 2.35% |
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 Net Debt and its Other Current Assets 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.
Net Debt vs Other Current Assets
Net Debt vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Etsy's Net Debt and Other Current Assets is 0.91. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets 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 Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Etsy Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Etsy's Net Debt and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expense | 9.9M | 14.2M | 14.0M | 13.6M | Depreciation And Amortization | 74.3M | 96.7M | 91.3M | 45.9M |
Etsy fundamental ratios Correlations
Click cells to compare fundamentals
Etsy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Etsy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 125.7M | 136.4M | 146.7M | 126.8M | 140.1M | 129.3M | |
Total Assets | 1.5B | 2.4B | 3.8B | 2.6B | 2.7B | 1.6B | |
Short Long Term Debt Total | 847.0M | 1.1B | 2.4B | 2.4B | 2.4B | 2.5B | |
Other Current Liab | 96.5M | 247.2M | 352.6M | 350.3M | 394.8M | 414.5M | |
Total Current Liabilities | 188.5M | 454.7M | 615.6M | 631.8M | 710.8M | 746.3M | |
Total Stockholder Equity | 406.6M | 742.4M | 628.6M | (547.3M) | (543.7M) | (516.5M) | |
Other Liab | 86.1M | 100.1M | 201.9M | 127.1M | 146.1M | 111.6M | |
Property Plant And Equipment Net | 144.9M | 112.5M | 275.1M | 249.7M | 249.8M | 160.0M | |
Current Deferred Revenue | 7.6M | 11.3M | 12.3M | 14.0M | 14.6M | 9.0M | |
Net Debt | 403.7M | (128.3M) | 1.6B | 1.5B | 1.5B | 1.5B | |
Retained Earnings | (227.4M) | (146.8M) | 71.7M | (1.0B) | (1.4B) | (1.3B) | |
Accounts Payable | 76.1M | 187.7M | 248.2M | 262.7M | 295.3M | 310.1M | |
Cash | 443.3M | 1.2B | 780.2M | 921.3M | 914.3M | 554.5M | |
Non Current Assets Total | 621.3M | 509.7M | 2.5B | 1.1B | 1.1B | 679.8M | |
Non Currrent Assets Other | 34.9M | 29.7M | 56.1M | 47.7M | 45.2M | 24.7M | |
Other Assets | 24.8M | 69.0M | 152.0M | 130.4M | 150.0M | 157.5M | |
Long Term Debt | 785.1M | 1.1B | 2.3B | 2.3B | 2.3B | 2.4B | |
Cash And Short Term Investments | 817.3M | 1.7B | 984.6M | 1.2B | 1.2B | 747.7M | |
Net Receivables | 65.2M | 169.4M | 247.5M | 261.8M | 290.1M | 304.6M | |
Good Will | 138.7M | 140.8M | 1.4B | 137.7M | 138.4M | 210.2M | |
Common Stock Total Equity | 119K | 126K | 127K | 125K | 143.8K | 120.8K | |
Short Term Investments | 374.0M | 425.1M | 204.4M | 250.4M | 236.1M | 193.2M | |
Liabilities And Stockholders Equity | 1.5B | 2.4B | 3.8B | 2.6B | 2.7B | 1.6B | |
Non Current Liabilities Total | 947.2M | 1.2B | 2.6B | 2.6B | 2.5B | 2.6B | |
Other Current Assets | 38.6M | 56.2M | 109.4M | 80.2M | 129.9M | 136.4M | |
Other Stockholder Equity | 642.6M | 883.2M | 631.8M | 815.1M | 1.1B | 617.0M | |
Total Liab | 1.1B | 1.7B | 3.2B | 3.2B | 3.2B | 3.4B | |
Property Plant And Equipment Gross | 144.9M | 112.5M | 432.1M | 453.9M | 493.8M | 518.5M | |
Total Current Assets | 921.0M | 1.9B | 1.3B | 1.5B | 1.6B | 929.8M | |
Accumulated Other Comprehensive Income | (8.7M) | 6.0M | (75.0M) | (314.2M) | (267.5M) | (254.1M) | |
Short Term Debt | 8.3M | 8.5M | 2.4M | 4.7M | 6.1M | 5.5M | |
Intangible Assets | 199.2M | 187.4M | 607.2M | 535.4M | 457.1M | 480.0M | |
Common Stock | 120K | 119K | 126K | 127K | 125K | 121.7K | |
Property Plant Equipment | 119.8M | 112.5M | 275.1M | 288.5M | 331.8M | 348.4M | |
Net Tangible Assets | 68.7M | 414.2M | (1.3B) | (1.2B) | (1.1B) | (1.0B) | |
Deferred Long Term Liab | 64.5M | 58.5M | 79.5M | 44.7M | 51.4M | 52.3M | |
Retained Earnings Total Equity | (227.4M) | (146.8M) | 71.7M | (1.0B) | (943.4M) | (896.3M) | |
Long Term Debt Total | 785.1M | 1.1B | 2.3B | 2.3B | 2.6B | 2.8B | |
Capital Surpluse | 642.6M | 883.2M | 631.8M | 815.1M | 937.3M | 671.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.