Etsy Balance Sheet Health
Financial Health criteria checks 2/6
Etsy has a total shareholder equity of $-624.3M and total debt of $2.3B, which brings its debt-to-equity ratio to -366.3%. Its total assets and total liabilities are $2.4B and $3.1B respectively. Etsy's EBIT is $368.3M making its interest coverage ratio -20.5. It has cash and short-term investments of $1.0B.
Key information
-366.3%
Debt to equity ratio
US$2.29b
Debt
| Interest coverage ratio | -20.5x |
| Cash | US$1.04b |
| Equity | -US$624.30m |
| Total liabilities | US$3.07b |
| Total assets | US$2.44b |
Recent financial health updates
No updates
Recent updates
Investors Will Want Etsy's (NASDAQ:ETSY) Growth In ROCE To Persist
Nov 23
Etsy: I Agree With Elliott Management's Optimism
Nov 21Etsy: A Beaten Down Stock With Hidden Value
Nov 12Getting In Cheap On Etsy, Inc. (NASDAQ:ETSY) Is Unlikely
Oct 27Etsy: A Pandemic Growth Stock Ready For A Rebound In 2025
Oct 20At US$57.14, Is Etsy, Inc. (NASDAQ:ETSY) Worth Looking At Closely?
Sep 30Etsy Is Not Trying To Be Temu Or Amazon
Sep 11Etsy: With Weak Growth Heading Into A Potential Recession, I'd Stay Away
Aug 14Shareholders Would Enjoy A Repeat Of Etsy's (NASDAQ:ETSY) Recent Growth In Returns
Aug 08Etsy Q2 Earnings Preview: The Stock Has Likely Found A Bottom (Rating Upgrade)
Jul 22Etsy, Inc.'s (NASDAQ:ETSY) Shareholders Might Be Looking For Exit
Jul 03Etsy: Hand-Crafted, A Bullish Case Despite Debt
Jun 21It Looks Like Etsy, Inc.'s (NASDAQ:ETSY) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 07Should You Investigate Etsy, Inc. (NASDAQ:ETSY) At US$64.91?
Jun 05Etsy: Growth Dreams Are Fading (Rating Downgrade)
May 12Etsy: Competition Concerns Already Priced In
Apr 18Etsy: Covert Recessionary Hedge As People Look For Secondary Income (Rating Upgrade)
Apr 09Etsy, Inc. (NASDAQ:ETSY) Investors Are Less Pessimistic Than Expected
Apr 04Etsy Earnings Preview: What Needs To Happen For It To Be A Buy
Feb 17Etsy: Moat Remains Intact At A Reasonable Price
Feb 01Etsy, Inc.'s (NASDAQ:ETSY) Shares May Have Run Too Fast Too Soon
Dec 22Financial Position Analysis
Short Term Liabilities: ETSY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ETSY 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: ETSY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ETSY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ETSY's debt is well covered by operating cash flow (32%).
Interest Coverage: ETSY earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Etsy, Inc. is covered by 58 analysts. 31 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Kramer | Arete Research Services LLP |
| Sanaya Knowle | Arete Research Services LLP |
| Rocco Strauss | Arete Research Services LLP |