Etsy Total Current Liabilities vs Net Receivables Analysis

ETSY Stock  USD 55.68  3.38  6.46%   
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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have totally related.
The correlation between Etsy's Total Current Liabilities and Net Receivables is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Etsy Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Etsy's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Etsy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Etsy Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

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).
 2021 2022 2023 2024 (projected)
Interest Expense9.9M14.2M14.0M13.6M
Depreciation And Amortization74.3M96.7M91.3M45.9M

Etsy fundamental ratios Correlations

0.880.790.810.80.070.780.840.90.66-0.480.810.850.750.820.740.780.860.790.570.790.80.790.810.880.79
0.880.890.860.88-0.010.760.910.940.79-0.460.870.890.930.970.860.890.880.860.730.690.720.890.950.820.89
0.790.890.990.99-0.410.630.870.890.96-0.770.980.790.820.90.961.00.760.980.570.60.61.00.810.761.0
0.810.860.990.99-0.40.660.850.90.91-0.810.990.810.760.870.960.990.790.980.490.670.630.980.780.810.99
0.80.880.990.99-0.390.650.840.910.9-0.791.00.840.770.870.960.990.80.990.510.640.610.980.810.80.99
0.07-0.01-0.41-0.4-0.390.15-0.16-0.19-0.530.79-0.40.00.01-0.13-0.37-0.420.04-0.420.280.110.16-0.410.09-0.06-0.41
0.780.760.630.660.650.150.870.760.54-0.360.650.660.720.690.750.630.650.660.570.860.510.640.740.790.64
0.840.910.870.850.84-0.160.870.920.82-0.590.840.760.870.910.870.860.740.840.620.820.580.860.830.850.86
0.90.940.890.90.91-0.190.760.920.77-0.660.910.930.780.920.860.890.910.890.480.780.750.890.830.940.9
0.660.790.960.910.9-0.530.540.820.77-0.740.90.580.820.840.910.960.560.90.590.460.410.960.740.590.95
-0.48-0.46-0.77-0.81-0.790.79-0.36-0.59-0.66-0.74-0.79-0.52-0.31-0.53-0.74-0.77-0.5-0.80.06-0.47-0.37-0.76-0.32-0.64-0.77
0.810.870.980.991.0-0.40.650.840.910.9-0.790.830.760.860.960.980.81.00.490.650.60.980.80.80.99
0.850.890.790.810.840.00.660.760.930.58-0.520.830.660.840.760.790.990.810.40.720.820.780.790.910.8
0.750.930.820.760.770.010.720.870.780.82-0.310.760.660.90.80.820.630.760.90.540.480.830.940.60.82
0.820.970.90.870.87-0.130.690.910.920.84-0.530.860.840.90.840.90.830.850.660.670.710.90.880.80.9
0.740.860.960.960.96-0.370.750.870.860.91-0.740.960.760.80.840.960.710.960.570.660.50.960.820.760.96
0.780.891.00.990.99-0.420.630.860.890.96-0.770.980.790.820.90.960.760.980.560.60.591.00.810.751.0
0.860.880.760.790.80.040.650.740.910.56-0.50.80.990.630.830.710.760.760.380.730.90.760.760.910.77
0.790.860.980.980.99-0.420.660.840.890.9-0.81.00.810.760.850.960.980.760.50.640.550.970.80.780.98
0.570.730.570.490.510.280.570.620.480.590.060.490.40.90.660.570.560.380.50.320.260.580.850.290.56
0.790.690.60.670.640.110.860.820.780.46-0.470.650.720.540.670.660.60.730.640.320.640.590.60.90.6
0.80.720.60.630.610.160.510.580.750.41-0.370.60.820.480.710.50.590.90.550.260.640.590.560.80.6
0.790.891.00.980.98-0.410.640.860.890.96-0.760.980.780.830.90.961.00.760.970.580.590.590.820.751.0
0.810.950.810.780.810.090.740.830.830.74-0.320.80.790.940.880.820.810.760.80.850.60.560.820.690.82
0.880.820.760.810.8-0.060.790.850.940.59-0.640.80.910.60.80.760.750.910.780.290.90.80.750.690.76
0.790.891.00.990.99-0.410.640.860.90.95-0.770.990.80.820.90.961.00.770.980.560.60.61.00.820.76
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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 Liab96.5M137.5M202.6M206.3M252.9M265.6M
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 Assets38.6M112.3M218.8M80.2M129.9M70.3M
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 Debt8.3M13.1M6.4M9.0M11.0M7.2M
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

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