Etsy Inc (ETSY)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 380,208 | 306,862 | -647,820 | 481,539 | 407,734 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -758,866 | -543,715 | -547,274 | 628,619 | 742,424 |
| Return on total capital | — | — | — | 76.60% | 54.92% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $380,208K ÷ ($—K + $-758,866K)
= —
From the data provided, it is evident that Etsy Inc's return on total capital has been steadily increasing over the years. As of December 31, 2020, the return on total capital stood at 54.92%, which then improved significantly to 76.60% by December 31, 2021.
However, there is no available data for the return on total capital for the years 2022, 2023, and 2024. This lack of data could be due to various factors, such as the unavailability of financial information or changes in reporting practices.
In interpreting the trend observed, the increasing return on total capital indicates that Etsy Inc has been generating higher profits relative to the total capital employed in the business. This improvement suggests efficient capital utilization and potentially positive financial performance during the period analyzed.
To gain a more comprehensive understanding of Etsy Inc's financial health, it would be beneficial to have data for the missing years in the analysis. This would provide a more complete picture of the company's return on total capital trend and aid in making informed assessments of its financial performance and efficiency in capital management.
Peer comparison
Dec 31, 2024