Etsy Financials

ETSY Stock  USD 56.81  0.33  0.58%   
Based on the key measurements obtained from Etsy's financial statements, Etsy Inc is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in January. At this time, Etsy's Total Liabilities is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 518.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 129.3 M in 2024. Key indicators impacting Etsy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.12.2095
Notably Down
Slightly volatile
Investors should never underestimate Etsy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Etsy's cash flow, debt, and profitability to make informed and accurate decisions about investing in Etsy Inc.

Net Income

322.95 Million

  
Understanding current and past Etsy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Etsy's financial statements are interrelated, with each one affecting the others. For example, an increase in Etsy's assets may result in an increase in income on the income statement.

Etsy Inc Earnings Geography

Please note, the imprecision that can be found in Etsy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Etsy Inc. Check Etsy's Beneish M Score to see the likelihood of Etsy's management manipulating its earnings.

Etsy Stock Summary

Etsy competes with PDD Holdings, JD, Alibaba Group, Global E, and Sea. Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York. Etsy operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2722 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS29786A1060
CUSIP29786A106
LocationNew York; U.S.A
Business Address117 Adams Street,
SectorBroadline Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.etsy.com
Phone718 880 3660
CurrencyUSD - US Dollar

Etsy Key Financial Ratios

Etsy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B2.4B3.8B2.6B2.7B1.6B
Other Current Liab96.5M137.5M202.6M206.3M257.9M270.7M
Other Liab86.1M100.1M201.9M127.1M146.1M111.6M
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
Other Assets24.8M69.0M152.0M130.4M150.0M157.5M
Long Term Debt785.1M1.1B2.3B2.3B2.3B2.4B
Net Receivables65.2M169.4M247.5M261.8M290.1M304.6M
Good Will138.7M140.8M1.4B137.7M138.4M210.2M
Other Current Assets38.6M112.3M218.8M80.2M129.9M70.3M
Total Liab1.1B1.7B3.2B3.2B3.2B3.4B
Total Current Assets921.0M1.9B1.3B1.5B1.6B929.8M
Short Term Debt8.3M13.1M6.4M9.0M6.1M6.7M
Intangible Assets199.2M187.4M607.2M535.4M457.1M480.0M
Common Stock120K119K126K127K125K121.7K
Net Tangible Assets68.7M414.2M(1.3B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total785.1M1.1B2.3B2.3B2.6B2.8B
Capital Surpluse642.6M883.2M631.8M815.1M937.3M671.4M

Etsy Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense24.3M42.0M9.9M14.2M14.0M13.6M
Total Revenue818.4M1.7B2.3B2.6B2.7B2.9B
Gross Profit547.3M1.3B1.7B1.8B1.9B2.0B
Operating Income88.8M424.0M465.7M(658.6M)279.8M293.8M
Ebit88.8M407.7M481.5M(647.8M)306.9M322.2M
Research Development121.9M180.1M271.5M412.4M469.3M492.8M
Ebitda136.8M465.9M555.8M(551.1M)398.2M418.1M
Cost Of Revenue271.0M464.7M654.5M744.6M828.7M870.1M
Income Before Tax80.6M365.7M471.7M(662.0M)292.8M307.5M
Net Income95.9M349.2M493.5M(694.3M)307.6M322.9M
Income Tax Expense(15.2M)16.5M(21.9M)32.3M(14.7M)(14.0M)
Tax Provision(15.2M)16.5M(21.9M)32.3M(14.7M)(14.0M)
Interest Income13.2M7.1M2.1M11.0M36.0M37.8M
Net Interest Income(11.1M)(34.9M)(7.7M)(3.2M)22.0M23.1M

Etsy Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Etsy Inc. It measures of how well Etsy is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Etsy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Etsy had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Etsy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash76.3M800.8M(463.9M)141.1M(12.3M)(11.7M)
Free Cash Flow191.6M671.8M623.4M652.9M665.6M698.9M
Depreciation48.0M58.2M74.3M96.7M91.3M45.9M
Other Non Cash Items23.9M80.0M8.9M1.1B95.9M121.6M
Capital Expenditures15.3M7.1M28.2M30.7M39.9M24.2M
Net Income95.9M349.2M493.5M(694.3M)307.6M322.9M
End Period Cash Flow448.6M1.2B785.5M926.6M914.3M513.9M
Investments(200.7M)(3.4M)172.1M(30.0M)(73.3M)(77.0M)
Net Borrowings638.1M502.3M947.2M(69K)(79.4K)(75.4K)
Change To Netincome51.0M144.6M56.2M1.2B1.4B1.5B
Change Receivables(12.7M)(22.5M)(19.3M)(14.1M)(12.7M)(13.3M)

Etsy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Etsy's current stock value. Our valuation model uses many indicators to compare Etsy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Etsy competition to find correlations between indicators driving Etsy's intrinsic value. More Info.
Etsy Inc is rated below average in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, Etsy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Etsy's earnings, one of the primary drivers of an investment's value.

Etsy's Earnings Breakdown by Geography

Etsy Inc Systematic Risk

Etsy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Etsy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Etsy Inc correlated with the market. If Beta is less than 0 Etsy generally moves in the opposite direction as compared to the market. If Etsy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Etsy Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Etsy is generally in the same direction as the market. If Beta > 1 Etsy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Etsy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Etsy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Etsy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.21)

At this time, Etsy's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Etsy December 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Etsy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Etsy Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Etsy Inc based on widely used predictive technical indicators. In general, we focus on analyzing Etsy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Etsy's daily price indicators and compare them against related drivers.

Additional 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.