Elastic Current Deferred Revenue vs Short Term Debt Analysis

ESTC Stock

USD 108.21 3.02 2.72%

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 Current Deferred Revenue and its Short 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 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.

Current Deferred Revenue vs Short Term Debt

Current Deferred Revenue vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elastic NV Current Deferred Revenue account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Elastic NV's Current Deferred Revenue and Short Term Debt is -0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short 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 Current Deferred Revenue and Short 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 Current Deferred Revenue of Elastic NV are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Current Deferred Revenue i.e., Elastic NV's Current Deferred Revenue and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Debt

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

Gross Profit Total Revenue

Elastic NV fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		1.0	1.0	0.83	0.88	0.62	0.76	0.99	-0.15	-0.98	0.98	0.9	0.91	0.96	0.99	0.99	1.0	0.99	0.87	0.91	0.81	0.84	0.98	0.9	0.87	0.98
Other Current Liab	1.0		1.0	0.86	0.9	0.67	0.79	0.99	-0.19	-0.98	0.97	0.9	0.91	0.94	0.99	0.99	1.0	0.99	0.89	0.91	0.8	0.8	0.99	0.89	0.89	0.99
Total Current Liabilities	1.0	1.0		0.83	0.88	0.63	0.76	1.0	-0.14	-0.98	0.97	0.88	0.9	0.95	1.0	0.99	1.0	0.98	0.87	0.91	0.83	0.82	0.99	0.9	0.87	0.99
Total Stockholder Equity	0.83	0.86	0.83		0.96	0.91	0.91	0.84	-0.61	-0.87	0.72	0.88	0.91	0.67	0.81	0.8	0.83	0.85	0.99	0.83	0.46	0.43	0.9	0.8	0.99	0.9
Other Liab	0.88	0.9	0.88	0.96		0.79	0.94	0.88	-0.5	-0.91	0.78	0.92	0.97	0.73	0.86	0.83	0.88	0.91	0.96	0.93	0.51	0.54	0.92	0.88	0.96	0.92
Net Tangible Assets	0.62	0.67	0.63	0.91	0.79		0.75	0.64	-0.78	-0.65	0.48	0.67	0.66	0.43	0.59	0.59	0.63	0.62	0.89	0.54	0.27	0.12	0.74	0.55	0.88	0.74
Property Plant And Equipment Net	0.76	0.79	0.76	0.91	0.94	0.75		0.76	-0.55	-0.79	0.65	0.78	0.9	0.58	0.73	0.69	0.76	0.85	0.87	0.83	0.36	0.39	0.82	0.71	0.86	0.82
Current Deferred Revenue	0.99	0.99	1.0	0.84	0.88	0.64	0.76		-0.15	-0.98	0.97	0.88	0.9	0.95	1.0	0.98	1.0	0.98	0.87	0.91	0.82	0.81	0.99	0.9	0.87	0.99
Net Debt	-0.15	-0.19	-0.14	-0.61	-0.5	-0.78	-0.55	-0.15		0.19	0.05	-0.36	-0.32	0.08	-0.12	-0.09	-0.14	-0.19	-0.54	-0.16	0.37	0.34	-0.27	-0.13	-0.54	-0.27
Retained Earnings	-0.98	-0.98	-0.98	-0.87	-0.91	-0.65	-0.79	-0.98	0.19		-0.95	-0.92	-0.94	-0.93	-0.98	-0.97	-0.98	-0.97	-0.9	-0.93	-0.78	-0.79	-0.98	-0.93	-0.9	-0.98
Accounts Payable	0.98	0.97	0.97	0.72	0.78	0.48	0.65	0.97	0.05	-0.95		0.85	0.85	0.99	0.97	0.99	0.97	0.95	0.77	0.87	0.88	0.91	0.94	0.87	0.78	0.94
Cash	0.9	0.9	0.88	0.88	0.92	0.67	0.78	0.88	-0.36	-0.92	0.85		0.95	0.85	0.89	0.9	0.88	0.89	0.92	0.9	0.55	0.71	0.89	0.91	0.93	0.89
Non Current Assets Total	0.91	0.91	0.9	0.91	0.97	0.66	0.9	0.9	-0.32	-0.94	0.85	0.95		0.81	0.89	0.88	0.9	0.94	0.93	0.97	0.6	0.67	0.91	0.94	0.92	0.91
Non Currrent Assets Other	0.96	0.94	0.95	0.67	0.73	0.43	0.58	0.95	0.08	-0.93	0.99	0.85	0.81		0.96	0.98	0.95	0.92	0.74	0.84	0.87	0.94	0.91	0.87	0.74	0.91
Other Assets	0.99	0.99	1.0	0.81	0.86	0.59	0.73	1.0	-0.12	-0.98	0.97	0.89	0.89	0.96		0.99	1.0	0.97	0.85	0.9	0.82	0.85	0.98	0.91	0.85	0.98
Cash And Short Term Investments	0.99	0.99	0.99	0.8	0.83	0.59	0.69	0.98	-0.09	-0.97	0.99	0.9	0.88	0.98	0.99		0.99	0.96	0.84	0.88	0.83	0.87	0.97	0.89	0.85	0.97
Net Receivables	1.0	1.0	1.0	0.83	0.88	0.63	0.76	1.0	-0.14	-0.98	0.97	0.88	0.9	0.95	1.0	0.99		0.98	0.87	0.9	0.83	0.82	0.99	0.9	0.87	0.99
Good Will	0.99	0.99	0.98	0.85	0.91	0.62	0.85	0.98	-0.19	-0.97	0.95	0.89	0.94	0.92	0.97	0.96	0.98		0.87	0.93	0.75	0.8	0.98	0.88	0.87	0.98
Common Stock Total Equity	0.87	0.89	0.87	0.99	0.96	0.89	0.87	0.87	-0.54	-0.9	0.77	0.92	0.93	0.74	0.85	0.84	0.87	0.87		0.85	0.53	0.5	0.92	0.86	1.0	0.92
Common Stock Shares Outstanding	0.91	0.91	0.91	0.83	0.93	0.54	0.83	0.91	-0.16	-0.93	0.87	0.9	0.97	0.84	0.9	0.88	0.9	0.93	0.85		0.69	0.74	0.9	0.95	0.85	0.9
Short Term Investments	0.81	0.8	0.83	0.46	0.51	0.27	0.36	0.82	0.37	-0.78	0.88	0.55	0.6	0.87	0.82	0.83	0.83	0.75	0.53	0.69		0.84	0.76	0.72	0.52	0.76
Non Current Liabilities Total	0.84	0.8	0.82	0.43	0.54	0.12	0.39	0.81	0.34	-0.79	0.91	0.71	0.67	0.94	0.85	0.87	0.82	0.8	0.5	0.74	0.84		0.73	0.75	0.51	0.73
Capital Surpluse	0.98	0.99	0.99	0.9	0.92	0.74	0.82	0.99	-0.27	-0.98	0.94	0.89	0.91	0.91	0.98	0.97	0.99	0.98	0.92	0.9	0.76	0.73		0.88	0.92	1.0
Inventory	0.9	0.89	0.9	0.8	0.88	0.55	0.71	0.9	-0.13	-0.93	0.87	0.91	0.94	0.87	0.91	0.89	0.9	0.88	0.86	0.95	0.72	0.75	0.88		0.86	0.88
Other Current Assets	0.87	0.89	0.87	0.99	0.96	0.88	0.86	0.87	-0.54	-0.9	0.78	0.93	0.92	0.74	0.85	0.85	0.87	0.87	1.0	0.85	0.52	0.51	0.92	0.86		0.92
Other Stockholder Equity	0.98	0.99	0.99	0.9	0.92	0.74	0.82	0.99	-0.27	-0.98	0.94	0.89	0.91	0.91	0.98	0.97	0.99	0.98	0.92	0.9	0.76	0.73	1.0	0.88	0.92

Click cells to compare fundamentals

Elastic NV Account Relationship Matchups

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

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.

C	Citigroup
CRM	Salesforce
MSFT	Microsoft

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:

How To Invest In Elastic

Details

Is Elastic Stock a good investment?

Details

What is Elastic NV's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Elastic Stock analysis

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.

	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Elastic Current Deferred Revenue vs Short Term Debt Analysis

Current Deferred Revenue vs Short Term Debt

Current Deferred Revenue vs Short Term Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Short Term Debt

Elastic NV fundamental ratios Correlations

Elastic NV Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elastic NV fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Elastic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Net Receivables	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities

Other Stockholder Equity	- 0.98	Retained Earnings
Capital Surpluse	- 0.98	Retained Earnings
Net Receivables	- 0.98	Retained Earnings
Other Assets	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Current Deferred Revenue
Retained Earnings	- 0.98	Total Current Liabilities