Etsy, Inc. (ETSY) — Defensive Interval Ratio

Latest as of September 2025: 281 days

Etsy, Inc. (ETSY) has a Defensive Interval Ratio of 281 days as of September 2025. Defensive assets of $434.86 Million (cash $-, short-term investments $259.21 Million, receivables $175.65 Million) cover 281 days of daily cash needs of $1.55 Million/day. Check Etsy, Inc. (ETSY) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

281 days
Days of operational coverage

Defensive Assets

$434.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.55 Million
Current Liabilities ÷ 365

Current Liabilities

$565.07 Million
USD

Etsy, Inc. Defensive Interval Ratio (2012–2024)

This chart shows how Etsy, Inc.'s Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 281 days, meaning defensive assets of $434.86 Million can fund 281 days of operations without new revenue. Also explore Etsy, Inc. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Etsy, Inc. (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Etsy, Inc. from 2012 to 2024, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see ETSY company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 234 days $426.58 Million $1.82 Million/day $- $228.32 Million ▼ -36 days
2023 270 days $526.24 Million $1.95 Million/day $- $236.12 Million ▼ -26 days
2022 296 days $512.26 Million $1.73 Million/day $- $250.41 Million ▲ +28 days
2021 268 days $451.89 Million $1.69 Million/day $- $204.42 Million ▼ -209 days
2020 477 days $594.53 Million $1.25 Million/day $- $425.12 Million ▼ -373 days
2019 850 days $439.13 Million $516.52K/day $- $373.96 Million ▼ -96 days
2018 947 days $290.62 Million $307.02K/day $- $257.30 Million ▲ +578 days
2017 368 days $103.44 Million $280.76K/day $- $25.11 Million ▼ -313 days
2016 681 days $156.74 Million $230.16K/day $- $100.49 Million ▲ +490 days
2015 191 days $41.90 Million $219.51K/day $- $21.62 Million ▼ -207 days
2014 398 days $45.16 Million $113.57K/day $- $19.18 Million ▼ -257 days
2013 655 days $34.47 Million $52.65K/day $- $18.07 Million ▼ -283 days
2012 938 days $28.08 Million $29.94K/day $- $20.81 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)