Etsy Total Assets vs Cash And Short Term Investments Analysis
ETSY Stock | USD 62.08 1.96 3.06% |
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 Total Assets and its Cash And Short Term Investments 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.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Etsy's Total Assets and Cash And Short Term Investments is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Etsy Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Etsy's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Etsy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Etsy Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Etsy Inc balance sheet. This account contains Etsy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Etsy Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 |
Also Currently Popular
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Etsy Stock analysis
When running Etsy's price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
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.