Etsy Receivables vs Property Plant and Equipment Net Analysis

ETSY
 Stock
  

USD 85.94  2.30  2.61%   

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 Trade and Non Trade Receivables and its Property Plant and Equipment Net accounts. Continue to Investing Opportunities.

Trade and Non Trade Receivables vs Property Plant and Equipment Net

Receivables vs Property Plant and Equipment Net Correlation Analysis

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

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Trade and Non Trade Receivables

A component of Total Assets representing trade and non-trade receivables.

Property Plant and Equipment Net

A component of Total Assets representing the amount after accumulated depreciation; depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Includes Operating Right of Use 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.
Investor biases related to Etsy's public news can be used to forecast risks associated with investment in Etsy. The trend in average sentiment can be used to explain how an investor holding Etsy can time the market purely based on public headlines and social activities around Etsy Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Etsy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Etsy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Etsy's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Etsy.

Etsy Implied Volatility

    
  94.11  
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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
11.2 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.