Etsy Balance Sheet Health
Financial Health criteria checks 2/6
Etsy has a total shareholder equity of $-583.8M and total debt of $2.3B, which brings its debt-to-equity ratio to -391.4%. Its total assets and total liabilities are $2.5B and $3.1B respectively. Etsy's EBIT is $365.6M making its interest coverage ratio -16.9. It has cash and short-term investments of $1.0B.
Key information
-391.4%
Debt to equity ratio
US$2.28b
Debt
Interest coverage ratio | -16.9x |
Cash | US$1.04b |
Equity | -US$583.76m |
Total liabilities | US$3.08b |
Total assets | US$2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E2TS34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: E2TS34 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: E2TS34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: E2TS34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: E2TS34's debt is well covered by operating cash flow (31.5%).
Interest Coverage: E2TS34 earns more interest than it pays, so coverage of interest payments is not a concern.