Elastic Capital Surpluse vs Net Invested Capital 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 Surpluse and its Net Invested Capital 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 Surpluse vs Net Invested Capital
Capital Surpluse vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elastic NV Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Elastic NV's Capital Surpluse and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital 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 Surpluse and Net Invested Capital 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 Surpluse of Elastic NV are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Elastic NV's Capital Surpluse and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Surpluse
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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
Click cells to compare fundamentals
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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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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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.