Etsy Balance Sheet Health
Financial Health criteria checks 2/6
Etsy has a total shareholder equity of $-543.7M and total debt of $2.3B, which brings its debt-to-equity ratio to -420%. Its total assets and total liabilities are $2.7B and $3.2B respectively. Etsy's EBIT is $375.7M making its interest coverage ratio -17.1. It has cash and short-term investments of $1.2B.
Key information
-420.0%
Debt to equity ratio
US$2.28b
Debt
Interest coverage ratio | -17.1x |
Cash | US$1.15b |
Equity | -US$543.71m |
Total liabilities | US$3.23b |
Total assets | US$2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETSYD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ETSYD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ETSYD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ETSYD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ETSYD's debt is well covered by operating cash flow (30.9%).
Interest Coverage: ETSYD earns more interest than it pays, so coverage of interest payments is not a concern.