Stock Analysis on Net

Etsy Inc. (NASDAQ:ETSY)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 3, 2022.

Current Ratio
since 2015

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Etsy Inc., current ratio, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 US$ in thousands


Current Assets
The value of current assets increased steadily from 359,054 thousand US dollars at the end of 2015 to a peak of 1,894,781 thousand US dollars by the end of 2020, indicating substantial growth in short-term resources. However, in 2021, current assets declined significantly to 1,341,501 thousand US dollars, marking a notable decrease compared to the previous year, though still considerably higher than earlier years.
Current Liabilities
Current liabilities rose gradually from 80,122 thousand US dollars in 2015 to 188,528 thousand in 2019. Following this trend, liabilities surged sharply in 2020 to 454,664 thousand US dollars and further increased to 615,588 thousand in 2021. This acceleration in current liabilities suggests increased short-term obligations over time, with a particularly marked rise during the last two years reported.
Current Ratio
The current ratio remained relatively high and stable from 2015 through 2019, fluctuating between 4.29 and 6.07, which indicates a strong liquidity position during this period. In 2020, the ratio decreased slightly to 4.17 despite the increase in both assets and liabilities. By 2021, the current ratio dropped markedly to 2.18, reflecting a substantial decline in liquidity and a narrowing margin of safety to cover short-term obligations.

Comparison to Competitors

Etsy Inc., current ratio, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Comparison to Sector (Consumer Discretionary Distribution & Retail)

Etsy Inc., current ratio, long-term trends, comparison to sector (consumer discretionary distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Comparison to Industry (Consumer Discretionary)

Etsy Inc., current ratio, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).