Elastic Retained Earnings Total Equity from 2010 to 2024

ESTC Stock  USD 103.81  4.05  3.75%   
Elastic NV's Retained Earnings Total Equity is decreasing over the years with slightly volatile fluctuation. Retained Earnings Total Equity is expected to dwindle to about -995.4 M. Retained Earnings Total Equity is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. View All Fundamentals
 
Retained Earnings Total Equity  
First Reported
2018-10-31
Previous Quarter
-1.1 B
Current Value
-1.1 B
Quarterly Volatility
263.2 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 Retained Earnings Total Equity Growth Pattern

Below is the plot of the Retained Earnings Total Equity of Elastic NV over the last few years. It is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. Elastic NV's Retained Earnings Total Equity 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.
Retained Earnings Total Equity10 Years Trend
Slightly volatile
   Retained Earnings Total Equity   
       Timeline  

Elastic Retained Earnings Total Equity Regression Statistics

Arithmetic Mean(517,676,221)
Coefficient Of Variation(55.66)
Mean Deviation245,175,761
Median(317,077,000)
Standard Deviation288,150,363
Sample Variance83030.6T
Range736.2M
R-Value(0.86)
Mean Square Error23938.4T
R-Squared0.73
Significance0.000047
Slope(55,137,143)
Total Sum of Squares1162428.8T

Elastic Retained Earnings Total Equity History

2024-995.4 M
2023-948 M
2022-1.1 B
2021-817.2 M
2020-613.3 M
2019-484.3 M

About Elastic NV Financial Statements

Elastic NV stakeholders use historical fundamental indicators, such as Elastic NV's Retained Earnings Total Equity, 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
Retained Earnings Total Equity-948 M-995.4 M

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
0.6
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.