Etsy Inc (ETSY)
Debt-to-assets ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 2,417,780 | 2,442,210 | 2,448,090 | 2,497,670 | 2,685,400 | 2,449,200 | 2,568,750 | 2,500,540 | 2,634,960 | 2,450,310 | 3,607,100 | 3,745,180 | 3,831,810 | 3,502,140 | 3,290,420 | 2,497,410 | 2,404,490 | 2,214,500 | 1,762,030 | 1,517,640 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,417,780K
= 0.00
The debt-to-assets ratio for Etsy Inc shows consistently at 0.00% throughout the reporting periods provided, from March 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during these periods. A debt-to-assets ratio of 0.00% suggests that the company finances its operations mainly through equity or other non-debt sources. This could be viewed positively by investors and creditors as it signifies a lower financial risk due to the absence of debt obligations. However, it's important to consider that a very low debt-to-assets ratio may also indicate underutilization of debt financing opportunities which could potentially enhance shareholder returns through leveraging.
Peer comparison
Dec 31, 2024