Elastic Capital Stock vs Property Plant Equipment Analysis
ESTC Stock | USD 110.08 1.87 1.73% |
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 Capital Stock and its Property Plant Equipment 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 tightly coupled 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.
Capital Stock vs Property Plant Equipment
Capital Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elastic NV Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Elastic NV's Capital Stock and Property Plant Equipment is 0.23. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment 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 Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Elastic NV are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Elastic NV's Capital Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Property Plant Equipment
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 tightly coupled 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.At present, Elastic NV's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 5 B, whereas Selling General Administrative is forecasted to decline to about 88.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 630.2M | 772.4M | 888.2M | 932.6M | Total Revenue | 862.4M | 1.1B | 1.2B | 1.3B |
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 | 2.0B | 2.1B | |
Other Current Liab | 70.6M | 81.4M | 121.9M | 140.0M | 161.0M | 169.1M | |
Total Current Liabilities | 321.4M | 450.0M | 593.3M | 716.6M | 824.1M | 865.3M | |
Total Stockholder Equity | 413.6M | 450.8M | 415.4M | 398.9M | 458.7M | 260.8M | |
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 | 28.9M | 23.1M | |
Current Deferred Revenue | 231.7M | 352.8M | 431.8M | 528.7M | 608.0M | 638.4M | |
Net Debt | (261.6M) | (372.6M) | (266.7M) | (49.9M) | (44.9M) | (47.2M) | |
Retained Earnings | (484.3M) | (613.3M) | (817.2M) | (1.1B) | (948.0M) | (900.6M) | |
Accounts Payable | 11.5M | 7.2M | 28.4M | 35.2M | 40.4M | 42.4M | |
Cash | 297.1M | 400.8M | 860.9M | 644.2M | 740.8M | 410.4M | |
Non Current Assets Total | 323.7M | 336.0M | 479.2M | 469.2M | 539.6M | 273.2M | |
Non Currrent Assets Other | 7.6M | 12.5M | 91.1M | 104.0M | 119.5M | 125.5M | |
Other Assets | 34.8M | 66.5M | 96.9M | 111.4M | 128.1M | 134.5M | |
Cash And Short Term Investments | 297.1M | 400.8M | 860.9M | 915.2M | 1.1B | 1.1B | |
Net Receivables | 128.7M | 160.4M | 215.2M | 260.9M | 300.1M | 315.1M | |
Good Will | 197.9M | 198.9M | 303.9M | 303.6M | 349.2M | 366.6M | |
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 | 110.1M | 83.8M | |
Short Term Investments | 0.0 | 1.3M | 1.9M | 271.0M | 311.7M | 327.3M | |
Liabilities And Stockholders Equity | 803.9M | 973.2M | 1.6B | 1.7B | 2.0B | 2.1B | |
Non Current Liabilities Total | 68.8M | 72.3M | 634.2M | 628.0M | 722.2M | 758.3M | |
Capital Surpluse | 898.8M | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | |
Inventory | 21.8M | 39.0M | 46.3M | 58.3M | 67.0M | 35.0M | |
Other Current Assets | 32.6M | 37.0M | 41.2M | 39.9M | 45.8M | 29.5M | |
Other Stockholder Equity | 898.4M | 1.1B | 1.2B | 1.5B | 1.7B | 1.8B | |
Total Liab | 390.3M | 522.3M | 1.2B | 1.3B | 1.5B | 1.6B | |
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 | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 40.5M | 34.3M | 32.6M | 25.1M | 28.9M | 23.1M | |
Total Current Assets | 480.2M | 637.2M | 1.2B | 1.3B | 1.5B | 1.5B | |
Accumulated Other Comprehensive Income | (1.4M) | (8.1M) | (18.1M) | (20.0M) | (18.0M) | (17.1M) | |
Non Current Liabilities Other | 13.0M | 72.3M | 17.6M | 12.2M | 14.1M | 20.3M | |
Net Working Capital | 158.8M | 187.2M | 570.4M | 557.7M | 641.3M | 673.4M | |
Short Term Debt | 7.6M | 8.5M | 11.2M | 12.7M | 11.5M | 9.4M | |
Intangible Assets | 50.5M | 36.3M | 45.8M | 29.1M | 33.5M | 28.2M | |
Common Stock | 856K | 948K | 990K | 1.0M | 1.2M | 728.5K | |
Property Plant Equipment | 40.5M | 8.9M | 32.6M | 5.1M | 5.9M | 5.6M |
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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 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 tightly coupled 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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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Is Elastic NV's industry 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 0.52 | Revenue Per Share 12.3 | Quarterly Revenue Growth 0.194 | Return On Assets (0.04) | Return On Equity 0.1027 |
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.