Etsy (LTS:0IIW) LT-Debt-to-Total-Asset : 0.98 (As of Sep. 2024)

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What is Etsy LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Etsy's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.98.

Etsy's long-term debt to total assets ratio increased from Sep. 2023 (0.97) to Sep. 2024 (0.98). It may suggest that Etsy is progressively becoming more dependent on debt to grow their business.

Etsy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Etsy's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Etsy LT-Debt-to-Total-Asset Chart

Etsy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.54

0.46

0.62

0.91

0.89

Etsy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.97	0.89	0.95	0.97	0.98

Etsy LT-Debt-to-Total-Asset Calculation

Etsy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2383.437	/	2685.4
	=	0.89

Etsy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2382.06	/	2442.206
	=	0.98

Etsy (LTS:0IIW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Etsy LT-Debt-to-Total-Asset Related Terms

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Etsy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Etsy Inc (LTS:0IIW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ETSY:USA ETSY:Mexico 1ETSY:Italy 3E2:Germany 3E2:Germany 3E2:Germany E2TS34:Brazil ETSY:Austria

Address

117 Adams Street, Brooklyn, NY, USA, 11201

Website

https://www.etsy.com

Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

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