Elastic Total Revenue vs Long Term Debt Analysis
ESTC Stock | USD 103.81 4.05 3.75% |
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 Total Revenue and its Long Term Debt 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.
Total Revenue vs Long Term Debt
Total Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elastic NV Total Revenue account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Elastic NV's Total Revenue and Long Term Debt is 0.82. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt 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 Total Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Elastic NV are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Elastic NV's Total Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Elastic NV generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Long Term Debt
Long-term debt is a debt that Elastic NV has held for over one year. Long-term debt appears on Elastic NV balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Elastic NV balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 |
Elastic NV fundamental ratios Correlations
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Elastic NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Also Currently Popular
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 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.