Elastic Net Working Capital from 2010 to 2024

ESTC Stock  USD 114.64  3.07  2.75%   
Elastic NV's Net Working Capital is increasing over the years with slightly volatile fluctuation. Overall, Net Working Capital is expected to go to about 673.4 M this year. During the period from 2010 to 2024 Elastic NV Net Working Capital annual values regression line had geometric mean of  118,454,030 and mean square error of 18330.4 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
641.3 M
Current Value
673.4 M
Quarterly Volatility
247.2 M
 
Credit Downgrade
 
Yuan Drop
 
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 Tax Provision of 23.3 M, Depreciation And Amortization of 17.3 M or Interest Expense of 27.4 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Elastic NV over the last few years. It is Elastic NV's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Elastic Net Working Capital Regression Statistics

Arithmetic Mean228,013,921
Geometric Mean118,454,030
Coefficient Of Variation108.40
Mean Deviation204,089,217
Median56,899,000
Standard Deviation247,163,549
Sample Variance61089.8T
Range666.3M
R-Value0.85
Mean Square Error18330.4T
R-Squared0.72
Significance0.000062
Slope46,940,798
Total Sum of Squares855257.5T

Elastic Net Working Capital History

2024673.4 M
2023641.3 M
2022557.7 M
2021570.4 M
2020187.2 M
2019158.8 M
2018226.1 M

About Elastic NV Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Elastic NV income statement, its balance sheet, and the statement of cash flows. Elastic NV investors use historical funamental indicators, such as Elastic NV's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Elastic NV investors may use each financial statement separately, they are all related. The changes in Elastic NV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elastic NV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Elastic NV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Elastic NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital641.3 M673.4 M

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Additional Information and Resources on Investing in Elastic Stock

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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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
0.59
Revenue Per Share
12.718
Quarterly Revenue Growth
0.197
Return On Assets
(0.04)
Return On Equity
0.1086
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.