Etsy Net Invested Capital vs Accounts Payable Analysis

ETSY Stock  USD 54.78  0.47  0.87%   
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 Net Invested Capital and its Accounts Payable 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.

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Etsy's Net Invested Capital and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable 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 Net Invested Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Etsy Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Etsy's Net Invested Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Accounts Payable

An accounting item on the balance sheet that represents Etsy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Etsy Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-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 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
0.790.890.980.99-0.410.630.870.890.96-0.770.980.790.820.90.961.00.760.980.570.60.61.00.810.761.0
0.810.860.980.99-0.410.660.850.890.91-0.820.990.810.750.860.960.980.790.980.480.670.630.980.780.810.99
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
0.07-0.01-0.41-0.41-0.390.15-0.16-0.19-0.530.79-0.40.00.01-0.13-0.37-0.420.04-0.420.280.110.16-0.410.09-0.06-0.41
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
0.90.940.890.890.91-0.190.760.920.77-0.660.910.930.780.920.860.890.910.890.480.780.750.890.830.940.9
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
-0.48-0.46-0.77-0.82-0.790.79-0.36-0.59-0.66-0.74-0.79-0.52-0.31-0.53-0.74-0.77-0.5-0.80.06-0.47-0.37-0.76-0.32-0.64-0.77
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
0.750.930.820.750.770.010.720.870.780.82-0.310.760.660.90.80.820.630.760.90.540.480.830.940.60.82
0.820.970.90.860.87-0.130.690.910.920.84-0.530.860.840.90.840.90.830.850.660.670.710.90.880.80.9
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
0.780.891.00.980.99-0.420.630.860.890.96-0.770.980.790.820.90.960.760.980.560.60.591.00.810.751.0
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
0.570.730.570.480.510.280.570.620.480.590.060.490.40.90.660.570.560.380.50.320.260.580.850.290.56
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 Liab96.5M137.5M202.6M206.3M257.9M270.7M
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 Debt8.3M13.1M6.4M9.0M6.1M6.7M
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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