Etsy (MEX:ETSY) Total Assets : MXN48,088 Mil (As of Sep. 2024)

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What is Etsy Total Assets?

Etsy's Total Assets for the quarter that ended in Sep. 2024 was MXN48,088 Mil.

Warning Sign:

If a company builds assets at 40.9% a year, faster than its revenue growth rate of 35.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Etsy's average Total Assets Growth Rate was -5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 27.80% per year. During the past 5 years, the average Total Assets Growth Rate was 40.90% per year. During the past 10 years, the average Total Assets Growth Rate was 38.60% per year.

During the past 12 years, Etsy's highest 3-Year average Total Assets Growth Rate was 117.30%. The lowest was 2.20%. And the median was 31.05%.

Total Assets is connected with ROA %. Etsy's annualized ROA % for the quarter that ended in Sep. 2024 was 9.72%. Total Assets is also linked to Revenue through Asset Turnover. Etsy's Asset Turnover for the quarter that ended in Sep. 2024 was 0.28.

Etsy Total Assets Historical Data

The historical data trend for Etsy's Total Assets 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 Total Assets Chart

Etsy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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29,088.76

47,830.10

78,605.73

51,371.20

45,582.65

Etsy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															42,662.31	45,582.65	41,451.99	44,849.22	48,087.77

Etsy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Etsy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-9229.153	+	54811.799
	=	45,583

Etsy's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	-12292.654	+	60380.423
	=	48,088

Etsy (MEX:ETSY) Total Assets Explanation

Total Assets is connected with ROA %.

Etsy's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	4518.216	/	( (44849.224	+	48087.769)	/ 2 )
	=	4518.216	/	46468.4965
	=	9.72 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Etsy's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	13043.052	/	( (44849.224	+	48087.769)	/ 2 )
=	13043.052	/	46468.4965
=	0.28

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Etsy Total Assets Related Terms

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Etsy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Etsy Inc (MEX:ETSY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ETSY:USA 1ETSY:Italy 0IIW:UK 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).