Elastic Total Assets from 2010 to 2024

ESTC Stock  USD 113.09  3.63  3.32%   
Elastic NV's Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 1.1 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2017-04-30
Previous Quarter
2.2 B
Current Value
2.2 B
Quarterly Volatility
664.6 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Elastic NV over the last few years. Total assets refers to the total amount of Elastic NV assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Elastic NV books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Elastic NV's Total 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.
ViewLast Reported 2.24 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Elastic Total Assets Regression Statistics

Arithmetic Mean681,025,100
Geometric Mean387,201,062
Coefficient Of Variation104.55
Mean Deviation593,339,453
Median183,013,000
Standard Deviation711,986,878
Sample Variance506925.3T
Range2.1B
R-Value0.84
Mean Square Error156969.4T
R-Squared0.71
Significance0.000076
Slope134,381,541
Total Sum of Squares7096954.4T

Elastic Total Assets History

20241.1 B
20232.2 B
20221.7 B
20211.6 B
2020973.2 M
2019803.9 M
2018485.7 M

Other Fundumenentals of Elastic NV

Elastic NV Total Assets component correlations

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About Elastic NV Financial Statements

Elastic NV stakeholders use historical fundamental indicators, such as Elastic NV's Total 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
Total Assets2.2 B1.1 B
Intangibles To Total Assets 0.15  0.14 

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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.