Etsy Inc Stock Current Liabilities
| ETSY Stock | USD 66.87 1.48 2.17% |
Etsy Inc fundamentals help investors to digest information that contributes to Etsy's financial success or failures. It also enables traders to predict the movement of Etsy Stock. The fundamental analysis module provides a way to measure Etsy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Etsy stock.
At this time, Etsy's Total Current Liabilities is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 2.6 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 118.9 M in 2024. Etsy | Current Liabilities |
Etsy Inc Company Current Liabilities Analysis
Etsy's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Etsy Current Liabilities | 80.12 M |
Most of Etsy's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Etsy Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Etsy Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Etsy is extremely important. It helps to project a fair market value of Etsy Stock properly, considering its historical fundamentals such as Current Liabilities. Since Etsy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Etsy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Etsy's interrelated accounts and indicators.
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Etsy Current Liabilities Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Etsy current liabilities as a starting point in their analysis.
Etsy Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Etsy Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Etsy Inc has a Current Liabilities of 80.12 M. This is 99.83% lower than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The current liabilities for all United States stocks is 98.99% higher than that of the company.
Etsy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Etsy from analyzing Etsy's financial statements. These drivers represent accounts that assess Etsy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Etsy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.3B | 21.6B | 27.9B | 15.2B | 9.9B | 8.0B | |
| Enterprise Value | 5.7B | 21.4B | 29.5B | 16.7B | 11.4B | 8.4B |
Etsy Fundamentals
| Return On Equity | -12.24 | ||||
| Return On Asset | 0.0883 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 9.21 B | ||||
| Shares Outstanding | 117.29 M | ||||
| Shares Owned By Insiders | 0.87 % | ||||
| Shares Owned By Institutions | 99.14 % | ||||
| Number Of Shares Shorted | 15.63 M | ||||
| Price To Earning | 44.71 X | ||||
| Price To Book | 21.42 X | ||||
| Price To Sales | 2.89 X | ||||
| Revenue | 2.75 B | ||||
| Gross Profit | 1.82 B | ||||
| EBITDA | 475.25 M | ||||
| Net Income | 307.57 M | ||||
| Cash And Equivalents | 1.01 B | ||||
| Cash Per Share | 7.95 X | ||||
| Total Debt | 2.39 B | ||||
| Debt To Equity | 4.11 % | ||||
| Current Ratio | 2.93 X | ||||
| Book Value Per Share | (4.57) X | ||||
| Cash Flow From Operations | 705.51 M | ||||
| Short Ratio | 5.20 X | ||||
| Earnings Per Share | 2.24 X | ||||
| Price To Earnings To Growth | 1.11 X | ||||
| Target Price | 79.09 | ||||
| Number Of Employees | 2.42 K | ||||
| Beta | 2.03 | ||||
| Market Capitalization | 7.82 B | ||||
| Total Asset | 2.69 B | ||||
| Retained Earnings | (1.36 B) | ||||
| Working Capital | 859.66 M | ||||
| Current Asset | 359.05 M | ||||
| Current Liabilities | 80.12 M | ||||
| Net Asset | 2.69 B |
About Etsy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Etsy Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etsy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etsy Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Etsy Investors Sentiment
The influence of Etsy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Etsy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Etsy's public news can be used to forecast risks associated with an investment in Etsy. The trend in average sentiment can be used to explain how an investor holding Etsy can time the market purely based on public headlines and social activities around Etsy Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Etsy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Etsy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Etsy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Etsy.
Etsy Implied Volatility | 76.87 |
Etsy's implied volatility exposes the market's sentiment of Etsy Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Etsy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Etsy stock will not fluctuate a lot when Etsy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Etsy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Etsy's short interest history, or implied volatility extrapolated from Etsy options trading.
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 against Etsy Stock
| 0.64 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.58 | GM | General Motors Sell-off Trend | PairCorr |
| 0.58 | CROX | Crocs Inc Earnings Call Today | PairCorr |
| 0.53 | BBY | Best Buy Financial Report 23rd of May 2024 | PairCorr |
| 0.45 | AEO | 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.Check out Etsy Piotroski F Score and Etsy Altman Z Score analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
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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.