Elastic Net Receivables from 2010 to 2024

ESTC Stock  USD 107.41  13.28  14.11%   
Elastic NV's Net Receivables is increasing over the years with slightly volatile fluctuation. Net Receivables is expected to dwindle to about 172.3 M. During the period from 2010 to 2024 Elastic NV Net Receivables annual values regression line had geometric mean of  71,280,962 and mean square error of 2675.7 T. View All Fundamentals
 
Net Receivables  
First Reported
2017-04-30
Previous Quarter
323 M
Current Value
196.5 M
Quarterly Volatility
75.8 M
 
Covid
Check Elastic NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elastic NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28 M, Interest Expense of 27.4 M or Selling General Administrative of 99.6 M, as well as many indicators such as Price To Sales Ratio of 7.64, Dividend Yield of 0.0 or PTB Ratio of 14.49. Elastic financial statements analysis is a perfect complement when working with Elastic NV Valuation or Volatility modules.
  
Check out the analysis of Elastic NV Correlation against competitors.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.

Latest Elastic NV's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Elastic NV over the last few years. It is Elastic NV's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elastic NV's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Elastic Net Receivables Regression Statistics

Arithmetic Mean107,044,074
Geometric Mean71,280,962
Coefficient Of Variation91.60
Mean Deviation82,435,556
Median53,233,000
Standard Deviation98,055,544
Sample Variance9614.9T
Range292.9M
R-Value0.86
Mean Square Error2675.7T
R-Squared0.74
Significance0.000037
Slope18,881,631
Total Sum of Squares134608.5T

Elastic Net Receivables History

2024172.3 M
2023323 M
2022260.9 M
2021215.2 M
2020160.4 M
2019128.7 M
201881.3 M

About Elastic NV Financial Statements

Elastic NV stakeholders use historical fundamental indicators, such as Elastic NV's Net Receivables, to determine how well the company is positioned to perform in the future. Although Elastic NV investors may analyze each financial statement separately, they are all interrelated. For example, changes in Elastic NV's assets and liabilities are reflected in the revenues and expenses on Elastic NV's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Elastic NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables323 M172.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Elastic NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elastic NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elastic Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elastic Nv Stock:
Check out the analysis of Elastic NV Correlation against competitors.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elastic NV. If investors know Elastic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.61
Revenue Per Share
13.114
Quarterly Revenue Growth
0.183
Return On Assets
(0.04)
Return On Equity
0.1042
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.