Etsy Inc (ETSY)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -758,866 | -543,715 | -547,274 | 628,619 | 742,424 |
| Debt-to-equity ratio | — | — | — | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-758,866K
= —
The debt-to-equity ratio for Etsy Inc as of December 31, 2020, and December 31, 2021, was 0.00, indicating that the company had no debt as compared to its equity during those periods. The data for December 31, 2022, December 31, 2023, and December 31, 2024, is not available ("—"), making it challenging to assess the trend in the company's leverage position over time. Generally, a lower debt-to-equity ratio suggests a lower level of financial risk and a stronger financial position, as the company relies less on debt to finance its operations. It will be essential to monitor future financial statements to gain insights into any changes in Etsy Inc's debt structure and its implications on financial stability.
Peer comparison
Dec 31, 2024