Stock Analysis on Net

Etsy Inc. (NASDAQ:ETSY)

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

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Etsy Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Accounts payable 16,841 17,929 15,734 28,007 13,367 26,752 16,386 40,883 22,130 15,978 10,557 26,324 23,416 20,504 17,325 26,545 14,130 14,760 8,094 13,622 7,241 7,595 6,371
Accrued expenses 249,964 218,029 241,349 328,118 245,300 209,823 218,157 232,352 174,206 134,016 68,885 88,345 70,325 55,687 40,123 49,158 37,191 35,447 35,384 28,743 26,288 30,377 22,638
Finance lease obligations, current 4,827 3,709 2,455 2,418 8,757 8,691 8,639 8,537 8,345 8,073 8,000 8,275 8,770 9,306 9,927 3,884 4,284 4,376 4,861 5,798 6,548 7,345 6,748
Funds payable and amounts due to sellers 195,493 180,544 191,149 220,206 167,682 136,395 158,104 146,806 113,370 103,857 55,172 49,786 37,473 64,589 64,247 21,072 63,470 49,551 48,586 44,658 45,191 35,084 34,292
Deferred revenue 12,225 11,873 12,503 12,339 12,518 12,312 12,260 11,264 10,508 9,181 8,250 7,617 7,434 8,011 7,787 7,478 7,180 6,440 6,464 6,262 6,322 5,789 5,777
Other current liabilities 17,896 17,818 20,015 24,500 23,383 13,027 13,499 14,822 12,383 8,474 7,985 8,181 7,289 8,413 9,266 3,925 2,676 2,925 3,167 3,394 2,499 2,134 5,327
Current liabilities 497,246 449,902 483,205 615,588 471,007 407,000 427,045 454,664 340,942 279,579 158,849 188,528 154,707 166,510 148,675 112,062 128,931 113,499 106,556 102,477 94,089 88,324 81,153
Finance lease obligations, net of current portion 106,330 107,287 108,857 110,283 38,700 40,969 43,042 44,979 47,147 49,258 51,458 53,611 55,576 57,409 59,610 2,095 2,791 2,806 3,231 4,115 5,160 6,191 4,610
Deferred tax liabilities 62,155 68,639 77,027 79,484 94,158 33 33 58,481 63,448 66,301 63,126 64,497 83,130 32,642 32,637 30,455 30,851 32,292 32,303 23,786 40,580 65,028 65,034
Facility financing obligation 59,991 60,008 60,025 60,041 60,049 60,047 60,668 59,586
Long-term debt, net 2,278,585 2,277,519 2,276,480 2,275,418 2,274,351 2,273,331 1,302,345 1,062,299 1,054,604 803,227 794,129 785,126 776,127 284,011 280,226 276,486 272,790 269,133 265,415
Other liabilities 112,237 122,458 122,739 122,417 90,300 38,330 41,172 41,642 41,697 39,491 43,233 43,956 40,396 38,902 40,007 19,864 17,378 17,464 18,132 18,262 25,971 25,827 25,308
Non-current liabilities 2,559,307 2,575,903 2,585,103 2,587,602 2,497,509 2,352,663 1,386,592 1,207,401 1,206,896 958,277 951,946 947,190 955,229 412,964 412,480 388,891 383,818 381,720 379,122 106,212 131,758 157,714 154,538
Total liabilities 3,056,553 3,025,805 3,068,308 3,203,190 2,968,516 2,759,663 1,813,637 1,662,065 1,547,838 1,237,856 1,110,795 1,135,718 1,109,936 579,474 561,155 500,953 512,749 495,219 485,678 208,689 225,847 246,038 235,691
Common stock, $0.001 par value 126 127 127 127 127 127 127 126 126 119 118 119 119 120 120 120 120 120 120 122 121 118 116
Preferred stock, $0.001 par value
Additional paid-in capital 773,887 712,053 672,486 631,762 624,374 590,232 664,240 883,166 886,295 675,213 657,311 642,628 637,176 573,611 570,906 562,033 551,293 546,121 542,554 499,441 482,936 462,578 447,648
Retained earnings (accumulated deficit) (1,007,397) 106,241 95,285 71,744 (21,467) (56,970) 24,775 (146,819) (217,866) (143,458) (239,883) (227,414) (236,510) (124,015) (142,238) (153,442) (149,707) (169,602) (151,906) (96,290) (130,740) (156,542) (168,211)
Accumulated other comprehensive income (loss) (372,858) (237,126) (91,031) (75,014) (69,412) (2,636) (5,368) 5,951 (1,888) (7,699) (10,699) (8,699) (11,523) (7,415) (8,775) (7,813) (7,087) (6,548) (6,281) (6,379) (4,102) 2,125 15,495
Stockholders’ equity (deficit) (606,242) 581,295 676,867 628,619 533,622 530,753 683,774 742,424 666,667 524,175 406,847 406,634 389,262 442,301 420,013 400,898 394,619 370,091 384,487 396,894 348,215 308,279 295,048
Total liabilities and stockholders’ equity (deficit) 2,450,311 3,607,100 3,745,175 3,831,809 3,502,138 3,290,416 2,497,411 2,404,489 2,214,505 1,762,031 1,517,642 1,542,352 1,499,198 1,021,775 981,168 901,851 907,368 865,310 870,165 605,583 574,062 554,317 530,739

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Etsy Inc. current liabilities decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Etsy Inc. non-current liabilities decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Etsy Inc. total liabilities decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 not reaching Q1 2022 level.
Stockholders’ equity (deficit) Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Etsy Inc. stockholders’ equity (deficit) decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.