ETSY Stock | | | USD 52.30 0.31 0.60% |
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 Short Long Term Debt Total and its Non Currrent Assets Other 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 closely tied with the direction of predictive economic indicators such as
signals in state.
Short Long Term Debt Total vs Non Currrent Assets Other
Short Long Term Debt Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Etsy Inc Short Long Term Debt Total account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Etsy's Short Long Term Debt Total and Non Currrent Assets Other is 0.9. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Currrent Assets Other 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 Short Long Term Debt Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Etsy Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Long Term Debt Total i.e., Etsy's Short Long Term Debt Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt Total
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 closely tied 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).
Etsy fundamental ratios Correlations
Click cells to compare fundamentals
Etsy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Etsy fundamental ratios Accounts
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