Etsy Total Revenue vs Gross Profit Analysis

ETSY Stock

USD 54.78 0.90 1.62%

Etsy financial indicator trend analysis is much more than just examining Etsy Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Etsy Inc is a good investment. Please check the relationship between Etsy Total Revenue and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Etsy Inc Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between Etsy's Total Revenue and Gross Profit is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Etsy Inc, assuming nothing else is changed. The correlation between historical values of Etsy's Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Etsy Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Etsy's Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Etsy Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Etsy Inc minus its cost of goods sold. It is profit before Etsy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Etsy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Etsy Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Etsy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, despite the fact that Tax Provision is likely to grow to (14 M).

	2021	2022	2023	2024 (projected)
Interest Expense	9.9M	14.2M	14.0M	13.6M
Depreciation And Amortization	74.3M	96.7M	91.3M	45.9M

Interest Expense Depreciation And Amortization

Etsy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.88	0.79	0.81	0.8	0.07	0.78	0.84	0.9	0.66	-0.48	0.81	0.85	0.75	0.82	0.74	0.78	0.86	0.79	0.57	0.79	0.8	0.79	0.81	0.88	0.79
Total Assets	0.88		0.89	0.86	0.88	-0.01	0.76	0.91	0.94	0.79	-0.46	0.87	0.89	0.93	0.97	0.86	0.89	0.88	0.86	0.73	0.69	0.72	0.89	0.95	0.82	0.89
Short Long Term Debt Total	0.79	0.89		0.98	0.99	-0.41	0.63	0.87	0.89	0.96	-0.77	0.98	0.79	0.82	0.9	0.96	1.0	0.76	0.98	0.57	0.6	0.6	1.0	0.81	0.76	1.0
Other Current Liab	0.81	0.86	0.98		0.99	-0.41	0.66	0.85	0.89	0.91	-0.82	0.99	0.81	0.75	0.86	0.96	0.98	0.79	0.98	0.48	0.67	0.63	0.98	0.78	0.81	0.99
Total Current Liabilities	0.8	0.88	0.99	0.99		-0.39	0.65	0.84	0.91	0.9	-0.79	1.0	0.84	0.77	0.87	0.96	0.99	0.8	0.99	0.51	0.64	0.61	0.98	0.81	0.8	0.99
Total Stockholder Equity	0.07	-0.01	-0.41	-0.41	-0.39		0.15	-0.16	-0.19	-0.53	0.79	-0.4	0.0	0.01	-0.13	-0.37	-0.42	0.04	-0.42	0.28	0.11	0.16	-0.41	0.09	-0.06	-0.41
Other Liab	0.78	0.76	0.63	0.66	0.65	0.15		0.87	0.76	0.54	-0.36	0.65	0.66	0.72	0.69	0.75	0.63	0.65	0.66	0.57	0.86	0.51	0.64	0.74	0.79	0.64
Property Plant And Equipment Net	0.84	0.91	0.87	0.85	0.84	-0.16	0.87		0.92	0.82	-0.59	0.84	0.76	0.87	0.91	0.87	0.86	0.74	0.84	0.62	0.82	0.58	0.86	0.83	0.85	0.86
Current Deferred Revenue	0.9	0.94	0.89	0.89	0.91	-0.19	0.76	0.92		0.77	-0.66	0.91	0.93	0.78	0.92	0.86	0.89	0.91	0.89	0.48	0.78	0.75	0.89	0.83	0.94	0.9
Net Debt	0.66	0.79	0.96	0.91	0.9	-0.53	0.54	0.82	0.77		-0.74	0.9	0.58	0.82	0.84	0.91	0.96	0.56	0.9	0.59	0.46	0.41	0.96	0.74	0.59	0.95
Retained Earnings	-0.48	-0.46	-0.77	-0.82	-0.79	0.79	-0.36	-0.59	-0.66	-0.74		-0.79	-0.52	-0.31	-0.53	-0.74	-0.77	-0.5	-0.8	0.06	-0.47	-0.37	-0.76	-0.32	-0.64	-0.77
Accounts Payable	0.81	0.87	0.98	0.99	1.0	-0.4	0.65	0.84	0.91	0.9	-0.79		0.83	0.76	0.86	0.96	0.98	0.8	1.0	0.49	0.65	0.6	0.98	0.8	0.8	0.99
Cash	0.85	0.89	0.79	0.81	0.84	0.0	0.66	0.76	0.93	0.58	-0.52	0.83		0.66	0.84	0.76	0.79	0.99	0.81	0.4	0.72	0.82	0.78	0.79	0.91	0.8
Non Current Assets Total	0.75	0.93	0.82	0.75	0.77	0.01	0.72	0.87	0.78	0.82	-0.31	0.76	0.66		0.9	0.8	0.82	0.63	0.76	0.9	0.54	0.48	0.83	0.94	0.6	0.82
Non Currrent Assets Other	0.82	0.97	0.9	0.86	0.87	-0.13	0.69	0.91	0.92	0.84	-0.53	0.86	0.84	0.9		0.84	0.9	0.83	0.85	0.66	0.67	0.71	0.9	0.88	0.8	0.9
Other Assets	0.74	0.86	0.96	0.96	0.96	-0.37	0.75	0.87	0.86	0.91	-0.74	0.96	0.76	0.8	0.84		0.96	0.71	0.96	0.57	0.66	0.5	0.96	0.82	0.76	0.96
Long Term Debt	0.78	0.89	1.0	0.98	0.99	-0.42	0.63	0.86	0.89	0.96	-0.77	0.98	0.79	0.82	0.9	0.96		0.76	0.98	0.56	0.6	0.59	1.0	0.81	0.75	1.0
Cash And Short Term Investments	0.86	0.88	0.76	0.79	0.8	0.04	0.65	0.74	0.91	0.56	-0.5	0.8	0.99	0.63	0.83	0.71	0.76		0.76	0.38	0.73	0.9	0.76	0.76	0.91	0.77
Net Receivables	0.79	0.86	0.98	0.98	0.99	-0.42	0.66	0.84	0.89	0.9	-0.8	1.0	0.81	0.76	0.85	0.96	0.98	0.76		0.5	0.64	0.55	0.97	0.8	0.78	0.98
Good Will	0.57	0.73	0.57	0.48	0.51	0.28	0.57	0.62	0.48	0.59	0.06	0.49	0.4	0.9	0.66	0.57	0.56	0.38	0.5		0.32	0.26	0.58	0.85	0.29	0.56
Common Stock Total Equity	0.79	0.69	0.6	0.67	0.64	0.11	0.86	0.82	0.78	0.46	-0.47	0.65	0.72	0.54	0.67	0.66	0.6	0.73	0.64	0.32		0.64	0.59	0.6	0.9	0.6
Short Term Investments	0.8	0.72	0.6	0.63	0.61	0.16	0.51	0.58	0.75	0.41	-0.37	0.6	0.82	0.48	0.71	0.5	0.59	0.9	0.55	0.26	0.64		0.59	0.56	0.8	0.6
Non Current Liabilities Total	0.79	0.89	1.0	0.98	0.98	-0.41	0.64	0.86	0.89	0.96	-0.76	0.98	0.78	0.83	0.9	0.96	1.0	0.76	0.97	0.58	0.59	0.59		0.82	0.75	1.0
Other Current Assets	0.81	0.95	0.81	0.78	0.81	0.09	0.74	0.83	0.83	0.74	-0.32	0.8	0.79	0.94	0.88	0.82	0.81	0.76	0.8	0.85	0.6	0.56	0.82		0.69	0.82
Other Stockholder Equity	0.88	0.82	0.76	0.81	0.8	-0.06	0.79	0.85	0.94	0.59	-0.64	0.8	0.91	0.6	0.8	0.76	0.75	0.91	0.78	0.29	0.9	0.8	0.75	0.69		0.76
Total Liab	0.79	0.89	1.0	0.99	0.99	-0.41	0.64	0.86	0.9	0.95	-0.77	0.99	0.8	0.82	0.9	0.96	1.0	0.77	0.98	0.56	0.6	0.6	1.0	0.82	0.76

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Etsy Account Relationship Matchups

Etsy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	125.7M	136.4M	146.7M	126.8M	140.1M	129.3M
Total Assets	1.5B	2.4B	3.8B	2.6B	2.7B	1.6B
Short Long Term Debt Total	847.0M	1.1B	2.4B	2.4B	2.4B	2.5B
Other Current Liab	96.5M	137.5M	202.6M	206.3M	257.9M	270.7M
Total Current Liabilities	188.5M	454.7M	615.6M	631.8M	710.8M	746.3M
Total Stockholder Equity	406.6M	742.4M	628.6M	(547.3M)	(543.7M)	(516.5M)
Other Liab	86.1M	100.1M	201.9M	127.1M	146.1M	111.6M
Property Plant And Equipment Net	144.9M	112.5M	275.1M	249.7M	249.8M	160.0M
Current Deferred Revenue	7.6M	11.3M	12.3M	14.0M	14.6M	9.0M
Net Debt	403.7M	(128.3M)	1.6B	1.5B	1.5B	1.5B
Retained Earnings	(227.4M)	(146.8M)	71.7M	(1.0B)	(1.4B)	(1.3B)
Accounts Payable	76.1M	187.7M	248.2M	262.7M	295.3M	310.1M
Cash	443.3M	1.2B	780.2M	921.3M	914.3M	554.5M
Non Current Assets Total	621.3M	509.7M	2.5B	1.1B	1.1B	679.8M
Non Currrent Assets Other	34.9M	29.7M	56.1M	47.7M	45.2M	24.7M
Other Assets	24.8M	69.0M	152.0M	130.4M	150.0M	157.5M
Long Term Debt	785.1M	1.1B	2.3B	2.3B	2.3B	2.4B
Cash And Short Term Investments	817.3M	1.7B	984.6M	1.2B	1.2B	747.7M
Net Receivables	65.2M	169.4M	247.5M	261.8M	290.1M	304.6M
Good Will	138.7M	140.8M	1.4B	137.7M	138.4M	210.2M
Common Stock Total Equity	119K	126K	127K	125K	143.8K	120.8K
Short Term Investments	374.0M	425.1M	204.4M	250.4M	236.1M	193.2M
Liabilities And Stockholders Equity	1.5B	2.4B	3.8B	2.6B	2.7B	1.6B
Non Current Liabilities Total	947.2M	1.2B	2.6B	2.6B	2.5B	2.6B
Other Current Assets	38.6M	112.3M	218.8M	80.2M	129.9M	70.3M
Other Stockholder Equity	642.6M	883.2M	631.8M	815.1M	1.1B	617.0M
Total Liab	1.1B	1.7B	3.2B	3.2B	3.2B	3.4B
Property Plant And Equipment Gross	144.9M	112.5M	432.1M	453.9M	493.8M	518.5M
Total Current Assets	921.0M	1.9B	1.3B	1.5B	1.6B	929.8M
Accumulated Other Comprehensive Income	(8.7M)	6.0M	(75.0M)	(314.2M)	(267.5M)	(254.1M)
Short Term Debt	8.3M	13.1M	6.4M	9.0M	6.1M	6.7M
Intangible Assets	199.2M	187.4M	607.2M	535.4M	457.1M	480.0M
Common Stock	120K	119K	126K	127K	125K	121.7K
Property Plant Equipment	119.8M	112.5M	275.1M	288.5M	331.8M	348.4M
Net Tangible Assets	68.7M	414.2M	(1.3B)	(1.2B)	(1.1B)	(1.0B)
Deferred Long Term Liab	64.5M	58.5M	79.5M	44.7M	51.4M	52.3M
Retained Earnings Total Equity	(227.4M)	(146.8M)	71.7M	(1.0B)	(943.4M)	(896.3M)
Long Term Debt Total	785.1M	1.1B	2.3B	2.3B	2.6B	2.8B
Capital Surpluse	642.6M	883.2M	631.8M	815.1M	937.3M	671.4M

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Etsy Total Revenue vs Gross Profit Analysis

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Total Revenue

Gross Profit

Etsy fundamental ratios Correlations

Etsy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Etsy fundamental ratios Accounts

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Additional Tools for Etsy Stock Analysis

COMMON DESTINATIONS

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COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable
Non Current Liabilities Total	+ 1.0	Long Term Debt

Retained Earnings	- 0.82	Other Current Liab
Net Receivables	- 0.8	Retained Earnings
Accounts Payable	- 0.79	Retained Earnings
Retained Earnings	- 0.79	Total Current Liabilities
Total Liab	- 0.77	Retained Earnings
Long Term Debt	- 0.77	Retained Earnings