Company name:

Etsy Inc

  • IPO SHARE PRICE:
    $16.00
  • IPO DATE:
    16 April 2015
  • TICKER:
    ETSY
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    117 Adams Street Brooklyn NY 11201
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Etsy Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
51.7% 17.7% 6.1%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
78.8%
51.7% —

Cash and cash equivalents

17.7% —

Short-term passive investments

6.1% —

Accounts Receivable

2.3% —

Prepaid expenses and other current assets

0.9% —

Accounts Receivable

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
 $315,442 $366,985 $443,293 $1,244,099
Short-term passive investments
$45,679
$45,679
$45,679
 25,108 257,302 373,959 425,119
Accounts Receivable
$45,679
$45,679
$45,679
 33,677 12,244 15,386 22,605
Deferred tax assets
$45,679
$45,679
$45,679
 - - - -
Prepaid expenses and other current assets
$45,679
$45,679
$45,679
 20,379 22,686 38,614 56,152
Total current assets
$45,679
$45,679
$45,679
 $439,264 $680,289 $921,038 $1,894,781
4.7% 7.8% 5.9%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
21.2%
7.8% —

Intangible assets

5.9% —

Goodwill

4.7% —

Property and equipment net

1.6% —

Long-term passive investments

1.0% —

Other assets non-current

0.2% —

Long-term restricted cash

0.0% —

Deferred tax assets
Selected Year:
Long-term restricted cash
45,679
45,679
45,679
 5,341 5,341 5,341 5,341
Long-term passive investments
-
-
-
 - - 89,343 39,094
Property and equipment net
45,679
45,679
45,679
 117,617 120,179 144,864 112,495
Deferred tax assets
-
45,679
45,679
 159 23,464 14,257 115
Intangible assets
45,679
45,679
45,679
 4,100 34,589 199,236 187,449
Goodwill
45,679
45,679
45,679
 38,541 37,482 138,731 140,810
Other assets non-current
-
-
-
 - - 29,542 24,404
Other non-current assets
45,679
45,679
45,679
 561 507 29,542 -
Total non-current assets
45,679
45,679
45,679
 166,319 221,562 621,314 509,708
Total assets
45,679
45,679
45,679
 $605,583 $901,851 $1,542,352 $2,404,489
9.7% 6.1% 44.2% 36.7%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
18.9%
9.7% —

Accrued expenses

6.1% —

Funds payable and amounts due to sellers

1.7% —

Accounts payable

0.6% —

Other current liabilities

0.5% —

Current portion of deferred revenue

0.4% —

Current portion of Finance leases
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
 $13,622 $26,545 $26,324 $40,883
Funds payable and amounts due to sellers
$45,679
$45,679
$45,679
 44,658 21,072 49,786 146,806
Accrued expenses
$45,679
$45,679
$45,679
 28,743 49,158 88,345 232,352
Current portion of deferred revenue
$45,679
$45,679
$45,679
 6,262 7,478 7,617 11,264
Current portion of Capital leases
$45,679
$45,679
$45,679
 5,798 - - -
Current portion of Finance leases
-
-
-
 - 3,884 8,275 8,537
Other current liabilities
$45,679
$45,679
$45,679
 3,394 3,925 8,181 14,822
Total current liabilities
$45,679
$45,679
$45,679
 $102,477 $112,062 $188,528 $454,664
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
50.2%
44.2% —

Long-term debt

2.4% —

Deferred tax liability

1.9% —

Finance leases

1.7% —

Other non-current liabilities
Selected Year:
Deferred tax liability
$45,679
$45,679
$45,679
 23,786 30,455 64,497 58,481
Warrant liabilities
$45,679
-
-
 - - - -
Facility financing obligation
$45,679
$45,679
$45,679
 60,049 59,991 - -
Long-term debt
-
-
-
 - 276,486 785,126 1,062,299
Capital leases
$45,679
$45,679
$45,679
 4,115 - - -
Finance leases
-
-
-
 - 2,095 53,611 44,979
Other non-current liabilities
$45,679
$45,679
$45,679
 18,262 19,864 43,956 41,642
Total long-term liabilities
$45,679
$45,679
$45,679
 $106,212 $388,891 $947,190 $1,207,401
Total Liabilities
$45,679
$45,679
$45,679
 $208,689 $500,953 $1,135,718 $1,662,065
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
30.9%
36.7% —

Additional paid-in capital

0.2% —

Accumulated other comprehensive (loss) income

0.0% —

Common stock
Selected Year:
Convertible preferred stock
$45,679
-
-
 - - - -
Convertible preferred stock Series A
$45,679
-
-
 - - - -
Convertible preferred stock Series B
$45,679
-
-
 - - - -
Convertible preferred stock Series C
$45,679
-
-
 - - - -
Convertible preferred stock Series D
$45,679
-
-
 - - - -
Convertible preferred stock Series E
$45,679
-
-
 - - - -
Convertible preferred stock Series F
$45,679
-
-
 - - - -
Preferred Stock
$45,679
-
$45,679
 - - - -
Common stock
$45,679
$45,679
$45,679
 122 120 119 126
Accumulated deficit
$45,679
$45,679
$45,679
 (96,290) (153,442) (227,414) (146,819)
Additional paid-in capital
$45,679
$45,679
$45,679
 499,441 562,033 642,628 883,166
Accumulated other comprehensive income
-
$45,679
-
 - - - -
Accumulated other comprehensive (loss) income
$45,679
-
$45,679
 - - (8,699) 5,951
Accumulated other comprehensive loss
-
-
-
 (6,379) (7,813) (8,699) -
Total convertible preferred stock
$45,679
-
-
 - - - -
Total Equity
$45,679
$45,679
$45,679
 $396,894 $400,898 $406,634 $742,424
Total Liabilities and Equity
$45,679
$45,679
$45,679
 $605,583 $901,851 $1,542,352 $2,404,489