Etsy Inc (ETSY)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | -758,866 | -624,300 | -634,996 | -583,761 | -543,715 | -622,528 | -464,175 | -540,188 | -547,274 | -606,242 | 581,295 | 676,867 | 628,619 | 533,622 | 530,753 | 683,774 | 742,424 | 666,667 | 524,175 | 406,847 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-758,866K)
= —
Etsy Inc's debt-to-capital ratio has consistently remained at 0.00 from March 2020 to June 2022, indicating that the company has been utilizing more of its equity rather than debt to finance its operations and investments. The debt-to-capital ratio being at 0.00 suggests that Etsy's capital structure is primarily composed of equity, which may imply a lower financial risk as compared to companies with higher debt levels.
From September 2022 to December 2024, the data is marked with "—", which indicates that there is no available information on the debt-to-capital ratio for these periods. It is essential to note that the absence of data for these periods could imply a lack of visibility or transparency regarding Etsy's debt levels relative to its capital base during these specific periods.
Overall, the consistent 0.00 debt-to-capital ratio up to June 2022 reflects Etsy's conservative approach towards debt financing, and it may suggest a strong financial position and stability in the company's capital structure. However, the lack of data for the subsequent periods makes it challenging to provide a comprehensive analysis of Etsy's debt-to-capital ratio and any potential changes in its capital structure beyond June 2022.
Peer comparison
Dec 31, 2024