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.


See also:

Etsy Inc Debt to Assets (Quarterly Data)