Etsy Property Plant Equipment vs Total Liab Analysis

ETSY Stock  USD 67.43  0.23  0.34%   
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 Property Plant Equipment and its Total Liab 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.

Property Plant Equipment vs Total Liab

Property Plant Equipment vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Property Plant Equipment account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Etsy's Property Plant Equipment and Total Liab is 0.94. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Liab 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 Property Plant Equipment and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Etsy Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant Equipment i.e., Etsy's Property Plant Equipment and Total Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense9.9M14.2M14.0M13.6M
Depreciation And Amortization74.3M96.7M91.3M45.9M

Etsy fundamental ratios Correlations

0.880.790.80.80.070.780.840.90.66-0.480.810.850.750.820.740.780.860.790.570.790.80.790.780.880.79
0.880.890.880.88-0.010.760.910.940.79-0.460.870.890.930.970.860.890.880.860.730.690.720.890.830.820.89
0.790.890.990.99-0.410.630.870.890.96-0.770.980.790.820.90.961.00.760.980.570.60.61.00.960.761.0
0.80.880.991.0-0.390.640.840.90.91-0.781.00.830.780.870.960.990.80.990.520.620.610.990.970.790.99
0.80.880.991.0-0.390.650.840.910.9-0.791.00.840.770.870.960.990.80.990.510.640.610.980.970.80.99
0.07-0.01-0.41-0.39-0.390.15-0.16-0.19-0.530.79-0.40.00.01-0.13-0.37-0.420.04-0.420.280.110.16-0.41-0.39-0.06-0.41
0.780.760.630.640.650.150.870.760.54-0.360.650.660.720.690.750.630.650.660.570.860.510.640.690.790.64
0.840.910.870.840.84-0.160.870.920.82-0.590.840.760.870.910.870.860.740.840.620.820.580.860.840.850.86
0.90.940.890.90.91-0.190.760.920.77-0.660.910.930.780.920.860.890.910.890.480.780.750.890.840.940.9
0.660.790.960.910.9-0.530.540.820.77-0.740.90.580.820.840.910.960.560.90.590.460.410.960.910.590.95
-0.48-0.46-0.77-0.78-0.790.79-0.36-0.59-0.66-0.74-0.79-0.52-0.31-0.53-0.74-0.77-0.5-0.80.06-0.47-0.37-0.76-0.79-0.64-0.77
0.810.870.981.01.0-0.40.650.840.910.9-0.790.830.760.860.960.980.81.00.490.650.60.980.970.80.99
0.850.890.790.830.840.00.660.760.930.58-0.520.830.660.840.760.790.990.810.40.720.820.780.730.910.8
0.750.930.820.780.770.010.720.870.780.82-0.310.760.660.90.80.820.630.760.90.540.480.830.760.60.82
0.820.970.90.870.87-0.130.690.910.920.84-0.530.860.840.90.840.90.830.850.660.670.710.90.820.80.9
0.740.860.960.960.96-0.370.750.870.860.91-0.740.960.760.80.840.960.710.960.570.660.50.960.970.760.96
0.780.891.00.990.99-0.420.630.860.890.96-0.770.980.790.820.90.960.760.980.560.60.591.00.960.751.0
0.860.880.760.80.80.040.650.740.910.56-0.50.80.990.630.830.710.760.760.380.730.90.760.70.910.77
0.790.860.980.990.99-0.420.660.840.890.9-0.81.00.810.760.850.960.980.760.50.640.550.970.970.780.98
0.570.730.570.520.510.280.570.620.480.590.060.490.40.90.660.570.560.380.50.320.260.580.530.290.56
0.790.690.60.620.640.110.860.820.780.46-0.470.650.720.540.670.660.60.730.640.320.640.590.660.90.6
0.80.720.60.610.610.160.510.580.750.41-0.370.60.820.480.710.50.590.90.550.260.640.590.530.80.6
0.790.891.00.990.98-0.410.640.860.890.96-0.760.980.780.830.90.961.00.760.970.580.590.590.960.751.0
0.780.830.960.970.97-0.390.690.840.840.91-0.790.970.730.760.820.970.960.70.970.530.660.530.960.770.96
0.880.820.760.790.8-0.060.790.850.940.59-0.640.80.910.60.80.760.750.910.780.290.90.80.750.770.76
0.790.891.00.990.99-0.410.640.860.90.95-0.770.990.80.820.90.961.00.770.980.560.60.61.00.960.76
Click cells to compare fundamentals

Etsy Account Relationship Matchups

Etsy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding125.7M136.4M146.7M126.8M140.1M129.3M
Total Assets1.5B2.4B3.8B2.6B2.7B1.6B
Short Long Term Debt Total847.0M1.1B2.4B2.4B2.4B2.5B
Other Current Liab96.5M247.2M352.6M350.3M394.8M414.5M
Total Current Liabilities188.5M454.7M615.6M631.8M710.8M746.3M
Total Stockholder Equity406.6M742.4M628.6M(547.3M)(543.7M)(516.5M)
Other Liab86.1M100.1M201.9M127.1M146.1M111.6M
Property Plant And Equipment Net144.9M112.5M275.1M249.7M249.8M160.0M
Current Deferred Revenue7.6M11.3M12.3M14.0M14.6M9.0M
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
Non Current Assets Total621.3M509.7M2.5B1.1B1.1B679.8M
Non Currrent Assets Other34.9M29.7M56.1M47.7M45.2M24.7M
Other Assets24.8M69.0M152.0M130.4M150.0M157.5M
Long Term Debt785.1M1.1B2.3B2.3B2.3B2.4B
Cash And Short Term Investments817.3M1.7B984.6M1.2B1.2B747.7M
Net Receivables65.2M169.4M247.5M261.8M290.1M304.6M
Good Will138.7M140.8M1.4B137.7M138.4M210.2M
Common Stock Total Equity119K126K127K125K143.8K120.8K
Short Term Investments374.0M425.1M204.4M250.4M236.1M193.2M
Liabilities And Stockholders Equity1.5B2.4B3.8B2.6B2.7B1.6B
Non Current Liabilities Total947.2M1.2B2.6B2.6B2.5B2.6B
Other Current Assets38.6M56.2M109.4M80.2M129.9M136.4M
Other Stockholder Equity642.6M883.2M631.8M815.1M1.1B617.0M
Total Liab1.1B1.7B3.2B3.2B3.2B3.4B
Property Plant And Equipment Gross144.9M112.5M432.1M453.9M493.8M518.5M
Total Current Assets921.0M1.9B1.3B1.5B1.6B929.8M
Accumulated Other Comprehensive Income(8.7M)6.0M(75.0M)(314.2M)(267.5M)(254.1M)
Short Term Debt8.3M8.5M2.4M4.7M6.1M5.5M
Intangible Assets199.2M187.4M607.2M535.4M457.1M480.0M
Common Stock120K119K126K127K125K121.7K
Property Plant Equipment119.8M112.5M275.1M288.5M331.8M348.4M
Net Tangible Assets68.7M414.2M(1.3B)(1.2B)(1.1B)(1.0B)
Deferred Long Term Liab64.5M58.5M79.5M44.7M51.4M52.3M
Retained Earnings Total Equity(227.4M)(146.8M)71.7M(1.0B)(943.4M)(896.3M)
Long Term Debt Total785.1M1.1B2.3B2.3B2.6B2.8B
Capital Surpluse642.6M883.2M631.8M815.1M937.3M671.4M

Pair Trading with Etsy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Etsy Stock

  0.73AAN AaronsPairCorr

Moving against Etsy Stock

  0.64AN AutoNationPairCorr
  0.54GPS Gap Inc Financial Report 23rd of May 2024 PairCorr
  0.52BBY Best Buy Financial Report 23rd of May 2024 PairCorr
  0.46AEO American Eagle Outfitters Financial Report 22nd of May 2024 PairCorr
The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
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
(0.18)
Earnings Share
2.24
Revenue Per Share
22.435
Quarterly Revenue Growth
0.043
Return On Assets
0.0883
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.