Elastic Net Tangible Assets from 2010 to 2026

ESTC Stock  USD 65.48  0.45  0.68%   
Elastic NV's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 66.8 M. Net Tangible Assets is the total assets of Elastic NV minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-04-30
Previous Quarter
83 M
Current Value
130.6 M
Quarterly Volatility
137.2 M
 
Covid
 
Interest Hikes
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 Tax Provision of 72.3 M, Depreciation And Amortization of 14 M or Interest Expense of 30.6 M, as well as many indicators such as Price To Sales Ratio of 6.58, Dividend Yield of 0.0 or PTB Ratio of 9.11. Elastic financial statements analysis is a perfect complement when working with Elastic NV Valuation or Volatility modules.
  
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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.
Analyzing Elastic NV's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing Elastic NV's current valuation and future prospects.

Latest Elastic NV's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Elastic NV over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Elastic NV's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Elastic Net Tangible Assets Regression Statistics

Arithmetic Mean(9,395,747)
Geometric Mean118,655,829
Coefficient Of Variation(1,534)
Mean Deviation130,476,944
Median65,727,000
Standard Deviation144,155,574
Sample Variance20780.8T
Range417.5M
R-Value0.69
Mean Square Error11577.5T
R-Squared0.48
Significance0
Slope19,730,455
Total Sum of Squares332493.3T

Elastic Net Tangible Assets History

202666.8 M
202576.1 M
202266.2 M
202165.7 M
2020215.7 M
2019165.3 M
2018236.4 M

About Elastic NV Financial Statements

Elastic NV stakeholders use historical fundamental indicators, such as Elastic NV's Net Tangible Assets, 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 Tangible Assets76.1 M66.8 M

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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 CEOs Directory module to screen CEOs from public companies around the world.
Will Application Software sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.02)
Revenue Per Share
15.266
Quarterly Revenue Growth
0.159
Return On Assets
(0.01)
Return On Equity
(0.13)
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.