Elastic NV Financials

ESTC Stock  USD 113.29  3.96  3.38%   
Based on the key indicators related to Elastic NV's liquidity, profitability, solvency, and operating efficiency, Elastic NV is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in March. At present, Elastic NV's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.1 B, whereas Other Liabilities is forecasted to decline to about 36 M. Key indicators impacting Elastic NV's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.520.72
Way Down
Slightly volatile
Current Ratio1.341.58
Fairly Down
Slightly volatile
Investors should never underestimate Elastic NV's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Elastic NV's cash flow, debt, and profitability to make informed and accurate decisions about investing in Elastic NV.

Net Income

58.33 Million

  
Understanding current and past Elastic NV Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elastic NV's financial statements are interrelated, with each one affecting the others. For example, an increase in Elastic NV's assets may result in an increase in income on the income statement.

Elastic NV Earnings Geography

Please note, the presentation of Elastic NV's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elastic NV's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elastic NV's management manipulating its earnings.

Elastic NV Stock Summary

Elastic NV competes with Gitlab, Amplitude, Sprinklr, Fastly, and Datadog. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3056 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINNL0013056914
CUSIPN14506104
LocationNetherlands
Business AddressKeizersgracht 281, Amsterdam,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.elastic.co
Phone650 458 2620
CurrencyUSD - US Dollar

Elastic NV Key Financial Ratios

Elastic NV Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets973.2M1.6B1.7B2.2B2.6B2.7B
Other Current Liab62.8M97.5M108.1M146.2M168.1M176.5M
Other Liab41.0M52.7M51.2M46.5M53.5M36.0M
Net Tangible Assets165.3M215.7M65.7M66.2M76.1M66.8M
Net Debt(372.6M)(266.7M)(49.9M)53.3M61.3M64.4M
Retained Earnings(613.3M)(817.2M)(1.1B)(991.6M)(892.4M)(937.1M)
Accounts Payable7.2M28.4M35.2M26.1M30.0M16.1M
Cash400.8M860.9M644.2M540.4M621.5M433.4M
Other Assets66.5M96.9M111.4M1.01.151.09
Net Receivables160.4M215.2M260.9M323.0M371.5M390.0M
Good Will198.9M303.9M303.6M319.4M367.3M189.0M
Capital Surpluse898.8M1.1B1.3B1.5B1.7B1.8B
Inventory39.0M46.3M58.3M1.01.151.09
Other Current Assets76.0M87.5M98.2M123.5M142.0M149.1M
Total Liab522.3M1.2B1.3B1.5B1.7B1.8B
Net Invested Capital450.8M982.0M966.4M1.3B1.5B1.6B
Total Current Assets637.2M1.2B1.3B1.5B1.8B1.8B
Net Working Capital187.2M570.4M557.7M659.8M758.8M796.7M
Short Term Debt17.1M22.4M25.5M24.4M28.0M19.1M
Intangible Assets36.3M45.8M29.1M20.6M23.7M27.5M
Common Stock948K990K1.0M1.1M1.2M784.6K

Elastic NV Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision7.7M6.1M19.3M(184.5M)(166.0M)(157.7M)
Interest Expense185K20.7M25.2M26.1M30.1M31.6M
Total Revenue608.5M862.4M1.1B1.3B1.5B1.5B
Gross Profit447.4M630.2M772.4M937.2M1.1B1.1B
Operating Income(129.5M)(173.7M)(187.9M)(129.9M)(116.9M)(122.8M)
Ebit(121.7M)(237.8M)(191.7M)(96.6M)(87.0M)(91.3M)
Research Development199.2M273.8M313.5M342.0M393.2M203.9M
Ebitda(63.5M)(157.3M)(171.5M)(78.6M)(70.8M)(74.3M)
Cost Of Revenue161.1M232.2M296.6M330.1M379.6M398.6M
Income Before Tax(121.7M)(197.8M)(216.9M)(122.8M)(110.5M)(116.0M)
Net Income(129.4M)(203.8M)(236.2M)61.7M55.5M58.3M
Income Tax Expense7.7M6.1M19.3M(184.5M)(166.0M)(157.7M)
Net Interest Income(185K)(20.7M)(25.2M)(26.1M)(23.5M)(22.3M)

Elastic NV Key Cash Accounts

202020212022202320242025 (projected)
Investments(1.5M)(127.3M)(273.0M)(288.0M)(259.2M)(246.2M)
Change In Cash104.3M459.9M(217.0M)(103.6M)(93.2M)(88.5M)
Free Cash Flow18.3M(1.7M)33.0M145.3M167.1M175.5M
Depreciation17.2M19.7M20.2M18.0M20.7M14.0M
Other Non Cash Items39.3M72.3M84.9M83.7M96.3M50.2M
Capital Expenditures4.2M7.4M2.7M3.5M4.0M4.1M
Net Income(129.4M)(203.8M)(236.2M)61.7M55.5M58.3M
End Period Cash Flow403.7M863.6M646.6M543.1M624.6M435.6M
Change To Netincome68.4M84.1M148.9M2.9M3.3M3.2M
Change Receivables(46.8M)(24.0M)(62.2M)(46.4M)(41.7M)(43.8M)

Elastic Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Elastic NV's current stock value. Our valuation model uses many indicators to compare Elastic NV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elastic NV competition to find correlations between indicators driving Elastic NV's intrinsic value. More Info.
Elastic NV is rated # 2 in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Elastic NV's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elastic NV's earnings, one of the primary drivers of an investment's value.

Elastic NV's Earnings Breakdown by Geography

Elastic NV Systematic Risk

Elastic NV's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elastic NV volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Elastic NV correlated with the market. If Beta is less than 0 Elastic NV generally moves in the opposite direction as compared to the market. If Elastic NV Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elastic NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elastic NV is generally in the same direction as the market. If Beta > 1 Elastic NV moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Elastic NV Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Elastic NV's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Elastic NV growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.25)

At present, Elastic NV's Price Earnings To Growth Ratio is projected to increase significantly based on the last few years of reporting.

Elastic NV January 30, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Elastic NV help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elastic NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elastic NV based on widely used predictive technical indicators. In general, we focus on analyzing Elastic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elastic NV's daily price indicators and compare them against related drivers.

Complementary Tools for Elastic Stock analysis

When running Elastic NV's price analysis, check to measure Elastic NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
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