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.

Analysis of Liquidity Ratios
Quarterly Data

Microsoft Excel

Liquidity Ratios (Summary)

Etsy Inc., liquidity ratios (quarterly data)

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
Current ratio 2.72 2.93 2.68 2.18 2.29 6.61 4.43 4.17 4.98 4.27 5.71 4.89 6.11 4.47 4.87 6.07 5.49 5.87 6.62 4.29 4.26 4.26 4.38
Quick ratio 2.14 2.28 2.08 1.64 1.78 6.15 3.96 3.72 4.52 3.79 5.14 4.42 5.59 3.87 4.26 5.68 4.81 5.27 5.94 3.65 3.59 3.54 3.71
Cash ratio 2.09 2.24 2.03 1.60 1.73 6.10 3.90 3.67 4.47 3.73 5.06 4.33 5.51 3.81 4.18 5.57 4.53 5.00 5.64 3.32 3.30 3.25 3.40

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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Etsy Inc. current ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Etsy Inc. quick ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Etsy Inc. cash ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.

Current Ratio

Etsy Inc., current ratio calculation (quarterly data)

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
Selected Financial Data (US$ in thousands)
Current assets 1,352,113 1,320,222 1,295,137 1,341,501 1,077,334 2,690,980 1,893,619 1,894,781 1,697,831 1,194,335 906,952 921,038 945,840 743,653 724,001 680,289 707,949 666,233 704,997 439,264 400,383 376,228 355,240
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
Liquidity Ratio
Current ratio1 2.72 2.93 2.68 2.18 2.29 6.61 4.43 4.17 4.98 4.27 5.71 4.89 6.11 4.47 4.87 6.07 5.49 5.87 6.62 4.29 4.26 4.26 4.38
Benchmarks
Current Ratio, Competitors2
Amazon.com Inc. 0.94 0.95 0.96 1.14 1.12 1.20 1.05 1.05 1.11 1.18 1.08 1.10 1.10 1.10 1.09
Home Depot Inc. 1.13 1.06 1.10 1.23 1.36 1.30 1.17 1.08 1.08 1.10 1.04 1.11 1.09 1.13 1.17
Lowe’s Cos. Inc. 1.19 1.16 1.17 1.19 1.38 1.30 1.20 1.01 1.04 1.06 1.09 0.98 1.00 1.06 1.02
TJX Cos. Inc. 1.29 1.33 1.52 1.46 1.41 1.51 2.20 1.24 1.22 1.25 1.23 1.53 1.55 1.64 1.69

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).

1 Q3 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 1,352,113 ÷ 497,246 = 2.72

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Etsy Inc. current ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.

Quick Ratio

Etsy Inc., quick ratio calculation (quarterly data)

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
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 789,990 758,874 756,237 780,196 619,402 2,053,882 1,163,678 1,244,099 1,144,974 677,524 442,354 443,293 671,769 359,159 345,674 366,985 362,727 357,820 533,855 315,442 260,288 226,885 194,807
Short-term investments 251,165 247,816 225,983 204,416 197,430 430,727 502,569 425,119 379,586 365,659 361,640 373,959 180,170 274,673 276,432 257,302 221,409 209,689 67,526 25,108 50,407 60,353 81,145
Accounts receivable, net of expected credit losses 21,765 20,133 20,645 27,266 23,884 20,283 22,991 22,605 16,311 16,527 11,712 15,386 12,494 10,585 10,789 12,244 36,385 30,615 31,292 33,677 27,172 24,990 25,085
Total quick assets 1,062,920 1,026,823 1,002,865 1,011,878 840,716 2,504,892 1,689,238 1,691,823 1,540,871 1,059,710 815,706 832,638 864,433 644,417 632,895 636,531 620,521 598,124 632,673 374,227 337,867 312,228 301,037
 
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
Liquidity Ratio
Quick ratio1 2.14 2.28 2.08 1.64 1.78 6.15 3.96 3.72 4.52 3.79 5.14 4.42 5.59 3.87 4.26 5.68 4.81 5.27 5.94 3.65 3.59 3.54 3.71
Benchmarks
Quick Ratio, Competitors2
Amazon.com Inc. 0.42 0.43 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58
Home Depot Inc. 0.32 0.30 0.37 0.47 0.68 0.69 0.48 0.23 0.23 0.26 0.21 0.22 0.22 0.31 0.33
Lowe’s Cos. Inc. 0.32 0.29 0.31 0.28 0.52 0.60 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11
TJX Cos. Inc. 0.65 0.77 0.95 1.01 0.93 0.92 0.96 0.50 0.33 0.39 0.40 0.61 0.52 0.63 0.70

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).

1 Q3 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 1,062,920 ÷ 497,246 = 2.14

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Etsy Inc. quick ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.

Cash Ratio

Etsy Inc., cash ratio calculation (quarterly data)

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
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 789,990 758,874 756,237 780,196 619,402 2,053,882 1,163,678 1,244,099 1,144,974 677,524 442,354 443,293 671,769 359,159 345,674 366,985 362,727 357,820 533,855 315,442 260,288 226,885 194,807
Short-term investments 251,165 247,816 225,983 204,416 197,430 430,727 502,569 425,119 379,586 365,659 361,640 373,959 180,170 274,673 276,432 257,302 221,409 209,689 67,526 25,108 50,407 60,353 81,145
Total cash assets 1,041,155 1,006,690 982,220 984,612 816,832 2,484,609 1,666,247 1,669,218 1,524,560 1,043,183 803,994 817,252 851,939 633,832 622,106 624,287 584,136 567,509 601,381 340,550 310,695 287,238 275,952
 
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
Liquidity Ratio
Cash ratio1 2.09 2.24 2.03 1.60 1.73 6.10 3.90 3.67 4.47 3.73 5.06 4.33 5.51 3.81 4.18 5.57 4.53 5.00 5.64 3.32 3.30 3.25 3.40
Benchmarks
Cash Ratio, Competitors2
Amazon.com Inc. 0.42 0.43 0.48 0.68 0.64 0.76 0.63 0.67 0.67 0.76 0.62 0.63 0.60 0.60 0.58
Home Depot Inc. 0.19 0.17 0.24 0.34 0.58 0.58 0.37 0.12 0.11 0.14 0.10 0.11 0.10 0.19 0.20
Lowe’s Cos. Inc. 0.32 0.29 0.31 0.28 0.52 0.60 0.34 0.06 0.06 0.13 0.18 0.05 0.12 0.18 0.11
TJX Cos. Inc. 0.60 0.71 0.89 0.97 0.90 0.87 0.92 0.45 0.27 0.33 0.34 0.55 0.45 0.56 0.63

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).

1 Q3 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,041,155 ÷ 497,246 = 2.09

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Etsy Inc. cash ratio improved from Q1 2022 to Q2 2022 but then slightly deteriorated from Q2 2022 to Q3 2022 not reaching Q1 2022 level.