Etsy Deferred Revenue vs Investments Non Current Analysis

ETSY
 Stock
  

USD 79.81  6.60  9.02%   

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 Deferred Revenue and its Investments Non Current accounts. Continue to Investing Opportunities.

Deferred Revenue vs Investments Non Current

Deferred Revenue vs Investments Non Current Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Deferred Revenue account and Investments Non Current. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Etsy's Deferred Revenue and Investments Non Current is -0.59. Overlapping area represents the amount of variation of Deferred Revenue that can explain the historical movement of Investments Non Current 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 Deferred Revenue and Investments Non Current is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Revenue of Etsy Inc are associated (or correlated) with its Investments Non Current. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments Non Current has no effect on the direction of Deferred Revenue i.e., Etsy's Deferred Revenue and Investments Non Current go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.

Investments Non Current

The non-current portion of Investments; reported if the company operates a classified balance sheet that segments current and non-current assets.
Most indicators from Etsy 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. Continue to Investing Opportunities.Etsy Selling General and Administrative Expense is fairly stable at the moment as compared to the past year. Etsy reported Selling General and Administrative Expense of 937.34 Million in 2021. Issuance Repayment of Debt Securities is likely to rise to about 1 B in 2022, whereas Net Cash Flow Business Acquisitions and Disposals is likely to drop (1.7 B) in 2022.
 2019 2020 2021 2022 (projected)
Interest Expense24.32 M42.02 M9.88 M12.13 M
Gross Profit547.34 M1.26 B1.67 B1.81 B

Etsy fundamental ratios Correlations

0.390.480.470.430.50.410.530.40.590.690.40.20.17-0.240.440.50.420.530.620.590.390.62
0.390.730.960.50.950.650.650.650.910.920.460.920.93-0.710.670.730.660.730.630.670.210.72
0.480.730.830.950.80.990.210.990.920.80.940.690.62-0.491.00.990.990.990.920.980.630.75
0.470.960.830.620.990.770.570.770.950.930.60.890.88-0.780.790.850.770.860.690.810.270.75
0.430.50.950.620.580.97-0.020.980.780.621.00.480.39-0.240.970.930.980.920.930.930.740.65
0.50.950.80.990.580.720.570.720.920.930.560.830.83-0.840.750.830.720.840.640.790.240.71
0.410.650.990.770.970.720.11.00.870.720.970.640.56-0.411.00.981.00.970.910.960.640.69
0.530.650.210.57-0.020.570.10.090.490.69-0.080.620.66-0.440.130.210.110.220.280.19-0.040.66
0.40.650.990.770.980.721.00.090.860.720.970.640.56-0.411.00.981.00.970.910.960.650.69
0.590.910.920.950.780.920.870.490.860.960.750.820.79-0.590.880.920.870.920.860.90.460.82
0.690.920.80.930.620.930.720.690.720.960.580.790.78-0.620.750.810.730.820.790.80.390.86
0.40.460.940.61.00.560.97-0.080.970.750.580.450.35-0.230.960.920.970.910.90.930.730.61
0.20.920.690.890.480.830.640.620.640.820.790.450.99-0.610.650.670.640.660.570.590.120.68
0.170.930.620.880.390.830.560.660.560.790.780.350.99-0.650.580.610.560.60.50.520.050.64
-0.24-0.71-0.49-0.78-0.24-0.84-0.41-0.44-0.41-0.59-0.62-0.23-0.61-0.65-0.44-0.57-0.41-0.57-0.22-0.530.06-0.34
0.440.671.00.790.970.751.00.131.00.880.750.960.650.58-0.440.991.00.980.910.970.650.71
0.50.730.990.850.930.830.980.210.980.920.810.920.670.61-0.570.990.981.00.890.990.60.72
0.420.660.990.770.980.721.00.111.00.870.730.970.640.56-0.411.00.980.970.920.960.650.71
0.530.730.990.860.920.840.970.220.970.920.820.910.660.6-0.570.981.00.970.890.990.590.72
0.620.630.920.690.930.640.910.280.910.860.790.90.570.5-0.220.910.890.920.890.90.770.82
0.590.670.980.810.930.790.960.190.960.90.80.930.590.52-0.530.970.990.960.990.90.620.71
0.390.210.630.270.740.240.64-0.040.650.460.390.730.120.050.060.650.60.650.590.770.620.58
0.620.720.750.750.650.710.690.660.690.820.860.610.680.64-0.340.710.720.710.720.820.710.58
Click cells to compare fundamentals

Etsy Account Relationship Matchups

Etsy fundamental ratios Accounts

201720182019202020212022 (projected)
Receivables33.68 M12.24 M15.39 M22.61 M27.27 M22.98 M
Accounts Payable13.62 M26.55 M26.32 M40.88 M28.01 M22.9 M
Accumulated Other Comprehensive Income(6.38 M)(7.81 M)(8.7 M)5.95 M(75.01 M)(76.99 M)
Total Assets605.58 M901.85 M1.54 B2.4 B3.83 B4.13 B
Current Assets439.26 M680.29 M921.04 M1.89 B1.34 B1.11 B
Assets Non Current166.32 M221.56 M621.31 M509.71 M2.49 B2.69 B
Cash and Equivalents320.78 M372.33 M448.63 M1.25 B785.54 M654.8 M
Cash and Equivalents USD320.78 M372.33 M448.63 M1.25 B785.54 M654.8 M
Total Debt69.96 M342.46 M847.01 M1.12 B2.39 B2.58 B
Debt Current5.8 M3.88 M8.28 M8.54 M2.42 M2.48 M
Debt Non Current64.16 M338.57 M838.74 M1.11 B2.39 B2.57 B
Total Debt USD69.96 M342.46 M847.01 M1.12 B2.39 B2.58 B
Deferred Revenue6.26 M7.48 M7.62 M11.26 M12.34 M10.45 M
Shareholders Equity396.89 M400.9 M406.63 M742.42 M628.62 M544.54 M
Shareholders Equity USD396.89 M400.9 M406.63 M742.42 M628.62 M544.54 M
Goodwill and Intangible Assets42.64 M72.07 M337.97 M328.26 M1.98 B2.13 B
Investments25.11 M257.3 M463.3 M464.21 M289.45 M259.05 M
Investments Current25.11 M257.3 M373.96 M425.12 M204.42 M200.56 M
Total Liabilities208.69 M500.95 M1.14 B1.66 B3.2 B3.46 B
Current Liabilities102.48 M112.06 M188.53 M454.66 M615.59 M664.19 M
Liabilities Non Current106.21 M388.89 M947.19 M1.21 B2.59 B2.79 B
Trade and Non Trade Payables58.28 M47.62 M76.11 M187.69 M248.21 M267.81 M
Property Plant and Equipment Net117.62 M120.18 M144.86 M112.5 M275.06 M296.78 M
Trade and Non Trade Receivables78.33 M33.32 M65.17 M169.41 M247.47 M267.01 M
Accumulated Retained Earnings Deficit(96.29 M)(153.44 M)(227.41 M)(146.82 M)71.74 M77.41 M
Tax Assets159 K23.46 M14.26 M115 K95.86 M103.43 M
Tax Liabilities23.79 M30.45 M64.5 M58.48 M79.48 M66.57 M

Etsy Investors Sentiment

The influence of Etsy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Etsy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Etsy Implied Volatility

    
  75.28  
Etsy's implied volatility exposes the market's sentiment of Etsy Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Etsy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Etsy stock will not fluctuate a lot when Etsy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Etsy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Etsy's short interest history, or implied volatility extrapolated from Etsy options trading.

Current Sentiment - ETSY

Etsy Inc Investor Sentiment

Most of Macroaxis users are currently bullish on Etsy Inc. What is your opinion about investing in Etsy Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Etsy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.

Etsy Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Etsy Inc information on this page should be used as a complementary analysis to other Etsy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Etsy Stock analysis

When running Etsy Inc price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.4
Market Capitalization
10.1 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0875
Return On Equity
0.64
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine Etsy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.