Elastic Balance Sheet Health
Financial Health criteria checks 4/6
Elastic has a total shareholder equity of $811.5M and total debt of $569.2M, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are $2.2B and $1.4B respectively.
Key information
70.1%
Debt to equity ratio
US$569.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.20b |
| Equity | US$811.52m |
| Total liabilities | US$1.42b |
| Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3E1's short term assets ($1.6B) exceed its short term liabilities ($790.7M).
Long Term Liabilities: 3E1's short term assets ($1.6B) exceed its long term liabilities ($629.3M).
Debt to Equity History and Analysis
Debt Level: 3E1 has more cash than its total debt.
Reducing Debt: 3E1's debt to equity ratio has increased from 0% to 70.1% over the past 5 years.
Debt Coverage: 3E1's debt is well covered by operating cash flow (35.9%).
Interest Coverage: Insufficient data to determine if 3E1's interest payments on its debt are well covered by EBIT.