Elastic Free Cash Flow vs Cash Per Share Analysis

ESTC Stock

USD 108.03 13.90 14.77%

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

For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.

Free Cash Flow vs Cash Per Share

Free Cash Flow vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elastic NV Free Cash Flow account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Elastic NV's Free Cash Flow and Cash Per Share is 0.79. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Elastic NV, assuming nothing else is changed. The correlation between historical values of Elastic NV's Free Cash Flow and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Elastic NV are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Free Cash Flow i.e., Elastic NV's Free Cash Flow and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Per Share

Most indicators from Elastic NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elastic NV 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 Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.20, whereas Tax Provision is projected to grow to (175.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	630.2M	772.4M	937.2M	477.6M
Total Revenue	862.4M	1.1B	1.3B	653.8M

Gross Profit Total Revenue

Elastic NV fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.92	1.0	0.87	0.92	0.63	0.76	0.99	-0.03	-0.96	0.94	0.92	0.91	0.89	0.56	0.99	1.0	0.97	0.91	0.96	0.68	0.77	0.93	0.33	0.99	0.98
Other Current Liab	0.92		0.92	0.97	0.88	0.67	0.77	0.92	0.05	-0.97	0.85	0.85	0.99	0.93	0.4	0.9	0.92	0.9	0.88	0.91	0.82	0.63	0.99	0.14	0.91	0.93
Total Current Liabilities	1.0	0.92		0.88	0.93	0.65	0.77	1.0	-0.04	-0.96	0.93	0.9	0.91	0.88	0.57	0.98	1.0	0.97	0.92	0.96	0.68	0.74	0.94	0.35	0.99	0.98
Total Stockholder Equity	0.87	0.97	0.88		0.9	0.81	0.82	0.88	-0.13	-0.92	0.75	0.82	0.95	0.83	0.38	0.84	0.88	0.87	0.93	0.86	0.73	0.45	0.98	0.12	0.89	0.92
Other Liab	0.92	0.88	0.93	0.9		0.79	0.93	0.93	-0.33	-0.91	0.83	0.9	0.87	0.73	0.66	0.88	0.93	0.96	0.96	0.93	0.49	0.53	0.92	0.45	0.94	0.97
Net Tangible Assets	0.63	0.67	0.65	0.81	0.79		0.75	0.65	-0.62	-0.64	0.51	0.69	0.6	0.43	0.51	0.6	0.65	0.65	0.89	0.56	0.27	0.04	0.74	0.33	0.69	0.77
Property Plant And Equipment Net	0.76	0.77	0.77	0.82	0.93	0.75		0.77	-0.42	-0.77	0.7	0.78	0.78	0.56	0.61	0.7	0.77	0.88	0.86	0.84	0.34	0.34	0.81	0.42	0.77	0.84
Current Deferred Revenue	0.99	0.92	1.0	0.88	0.93	0.65	0.77		-0.04	-0.96	0.92	0.89	0.91	0.88	0.56	0.98	1.0	0.96	0.92	0.96	0.69	0.73	0.94	0.34	0.99	0.98
Net Debt	-0.03	0.05	-0.04	-0.13	-0.33	-0.62	-0.42	-0.04		-0.02	0.02	-0.27	0.1	0.28	-0.52	0.0	-0.02	-0.14	-0.36	0.0	0.56	0.39	-0.06	-0.54	-0.11	-0.17
Retained Earnings	-0.96	-0.97	-0.96	-0.92	-0.91	-0.64	-0.77	-0.96	-0.02		-0.93	-0.9	-0.96	-0.94	-0.58	-0.95	-0.96	-0.95	-0.89	-0.95	-0.75	-0.72	-0.98	-0.34	-0.95	-0.96
Accounts Payable	0.94	0.85	0.93	0.75	0.83	0.51	0.7	0.92	0.02	-0.93		0.92	0.83	0.89	0.7	0.96	0.93	0.94	0.83	0.9	0.59	0.85	0.86	0.5	0.9	0.9
Cash	0.92	0.85	0.9	0.82	0.9	0.69	0.78	0.89	-0.27	-0.9	0.92		0.82	0.82	0.75	0.93	0.9	0.93	0.9	0.86	0.45	0.71	0.88	0.54	0.91	0.91
Non Current Assets Total	0.91	0.99	0.91	0.95	0.87	0.6	0.78	0.91	0.1	-0.96	0.83	0.82		0.93	0.37	0.88	0.91	0.9	0.84	0.93	0.83	0.65	0.97	0.11	0.89	0.9
Non Currrent Assets Other	0.89	0.93	0.88	0.83	0.73	0.43	0.56	0.88	0.28	-0.94	0.89	0.82	0.93		0.38	0.91	0.88	0.83	0.74	0.86	0.86	0.82	0.91	0.14	0.86	0.83
Other Assets	0.56	0.4	0.57	0.38	0.66	0.51	0.61	0.56	-0.52	-0.58	0.7	0.75	0.37	0.38		0.58	0.56	0.66	0.62	0.55	-0.07	0.44	0.49	0.96	0.59	0.6
Cash And Short Term Investments	0.99	0.9	0.98	0.84	0.88	0.6	0.7	0.98	0.0	-0.95	0.96	0.93	0.88	0.91	0.58		0.98	0.95	0.89	0.93	0.67	0.81	0.91	0.35	0.98	0.96
Net Receivables	1.0	0.92	1.0	0.88	0.93	0.65	0.77	1.0	-0.02	-0.96	0.93	0.9	0.91	0.88	0.56	0.98		0.97	0.92	0.96	0.69	0.74	0.94	0.33	0.99	0.98
Good Will	0.97	0.9	0.97	0.87	0.96	0.65	0.88	0.96	-0.14	-0.95	0.94	0.93	0.9	0.83	0.66	0.95	0.97		0.92	0.98	0.58	0.72	0.92	0.44	0.95	0.97
Common Stock Total Equity	0.91	0.88	0.92	0.93	0.96	0.89	0.86	0.92	-0.36	-0.89	0.83	0.9	0.84	0.74	0.62	0.89	0.92	0.92		0.86	0.51	0.47	0.92	0.4	0.93	0.97
Common Stock Shares Outstanding	0.96	0.91	0.96	0.86	0.93	0.56	0.84	0.96	0.0	-0.95	0.9	0.86	0.93	0.86	0.55	0.93	0.96	0.98	0.86		0.67	0.74	0.92	0.33	0.95	0.94
Short Term Investments	0.68	0.82	0.68	0.73	0.49	0.27	0.34	0.69	0.56	-0.75	0.59	0.45	0.83	0.86	-0.07	0.67	0.69	0.58	0.51	0.67		0.58	0.76	-0.29	0.65	0.63
Non Current Liabilities Total	0.77	0.63	0.74	0.45	0.53	0.04	0.34	0.73	0.39	-0.72	0.85	0.71	0.65	0.82	0.44	0.81	0.74	0.72	0.47	0.74	0.58		0.59	0.29	0.7	0.63
Capital Surpluse	0.93	0.99	0.94	0.98	0.92	0.74	0.81	0.94	-0.06	-0.98	0.86	0.88	0.97	0.91	0.49	0.91	0.94	0.92	0.92	0.92	0.76	0.59		0.24	0.93	0.95
Inventory	0.33	0.14	0.35	0.12	0.45	0.33	0.42	0.34	-0.54	-0.34	0.5	0.54	0.11	0.14	0.96	0.35	0.33	0.44	0.4	0.33	-0.29	0.29	0.24		0.37	0.37
Other Current Assets	0.99	0.91	0.99	0.89	0.94	0.69	0.77	0.99	-0.11	-0.95	0.9	0.91	0.89	0.86	0.59	0.98	0.99	0.95	0.93	0.95	0.65	0.7	0.93	0.37		0.98
Other Stockholder Equity	0.98	0.93	0.98	0.92	0.97	0.77	0.84	0.98	-0.17	-0.96	0.9	0.91	0.9	0.83	0.6	0.96	0.98	0.97	0.97	0.94	0.63	0.63	0.95	0.37	0.98

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Elastic NV Account Relationship Matchups

Elastic NV fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	803.9M	973.2M	1.6B	1.7B	2.2B	1.1B
Other Current Liab	70.6M	62.8M	97.5M	108.1M	146.2M	153.5M
Total Current Liabilities	321.4M	450.0M	593.3M	716.6M	871.1M	459.9M
Total Stockholder Equity	413.6M	450.8M	415.4M	398.9M	738.2M	775.1M
Other Liab	41.0M	52.7M	51.2M	46.5M	53.5M	36.0M
Net Tangible Assets	165.3M	215.7M	65.7M	66.2M	76.1M	66.8M
Property Plant And Equipment Net	40.5M	34.3M	32.6M	25.1M	26.0M	23.8M
Current Deferred Revenue	231.7M	352.8M	431.8M	528.7M	663.8M	345.5M
Net Debt	(261.6M)	(372.6M)	(266.7M)	(49.9M)	53.3M	56.0M
Retained Earnings	(484.3M)	(613.3M)	(817.2M)	(1.1B)	(991.6M)	(942.0M)
Accounts Payable	11.5M	7.2M	28.4M	35.2M	26.1M	16.1M
Cash	297.1M	400.8M	860.9M	644.2M	540.4M	433.4M
Non Current Assets Total	323.7M	336.0M	479.2M	469.2M	711.7M	747.3M
Non Currrent Assets Other	7.6M	12.5M	91.1M	104.0M	119.7M	125.7M
Other Assets	34.8M	66.5M	96.9M	111.4M	1.0	0.95
Cash And Short Term Investments	297.1M	400.8M	860.9M	915.2M	1.1B	547.5M
Net Receivables	128.7M	160.4M	215.2M	260.9M	323.0M	172.3M
Good Will	197.9M	198.9M	303.9M	303.6M	319.4M	189.0M
Common Stock Total Equity	856K	948K	990K	1.0M	1.2M	728.5K
Common Stock Shares Outstanding	78.8M	87.2M	92.5M	95.7M	104.0M	87.6M
Short Term Investments	0.0	1.3M	1.9M	271.0M	544.0M	571.2M
Liabilities And Stockholders Equity	803.9M	973.2M	1.6B	1.7B	2.2B	1.1B
Non Current Liabilities Total	68.8M	72.3M	634.2M	628.0M	633.3M	340.5M
Capital Surpluse	898.8M	1.1B	1.3B	1.5B	1.7B	1.8B
Inventory	21.8M	39.0M	46.3M	58.3M	1.0	0.95
Other Current Assets	32.6M	76.0M	87.5M	98.2M	123.5M	62.5M
Other Stockholder Equity	898.4M	1.1B	1.2B	1.5B	1.8B	978.9M
Total Liab	390.3M	522.3M	1.2B	1.3B	1.5B	800.4M
Deferred Long Term Liab	24.0M	50.3M	74.4M	95.9M	110.3M	115.8M
Net Invested Capital	413.6M	450.8M	982.0M	966.4M	1.3B	1.4B
Property Plant And Equipment Gross	40.5M	34.3M	32.6M	25.1M	44.5M	26.4M
Total Current Assets	480.2M	637.2M	1.2B	1.3B	1.5B	793.2M
Accumulated Other Comprehensive Income	(1.4M)	(8.1M)	(18.1M)	(20.0M)	(21.6M)	(20.6M)
Non Current Liabilities Other	13.0M	72.3M	17.6M	12.2M	21.5M	20.7M
Net Working Capital	158.8M	187.2M	570.4M	557.7M	659.8M	333.3M
Short Term Debt	7.6M	17.1M	22.4M	25.5M	24.4M	19.1M
Intangible Assets	50.5M	36.3M	45.8M	29.1M	20.6M	27.5M
Common Stock	856K	948K	990K	1.0M	1.1M	784.6K
Property Plant Equipment	40.5M	8.9M	32.6M	5.1M	5.9M	5.6M

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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:

How To Invest In Elastic

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Is Elastic Stock a good investment?

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What is Elastic NV's Net Worth?

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Largest Application Software Companies

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Largest Software - Application Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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Elastic Free Cash Flow vs Cash Per Share Analysis

Free Cash Flow vs Cash Per Share

Free Cash Flow vs Cash Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow

Cash Per Share

Elastic NV fundamental ratios Correlations

Elastic NV Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elastic NV fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Current Deferred Revenue
Current Deferred Revenue	+ 0.99	Total Assets

Capital Surpluse	- 0.98	Retained Earnings
Retained Earnings	- 0.97	Other Current Liab
Other Stockholder Equity	- 0.96	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Current Deferred Revenue