Elastic Balance Sheet Health

Financial Health criteria checks 4/6

Elastic has a total shareholder equity of $759.4M and total debt of $568.9M, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are $2.2B and $1.4B respectively.

Key information

74.9%

Debt to equity ratio

US$568.89m

Debt

Interest coverage ration/a
CashUS$1.15b
EquityUS$759.42m
Total liabilitiesUS$1.39b
Total assetsUS$2.15b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3E1's short term assets ($1.5B) exceed its short term liabilities ($768.2M).

Long Term Liabilities: 3E1's short term assets ($1.5B) exceed its long term liabilities ($622.8M).


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 74.9% over the past 5 years.

Debt Coverage: 3E1's debt is well covered by operating cash flow (28.8%).

Interest Coverage: Insufficient data to determine if 3E1's interest payments on its debt are well covered by EBIT.


Balance Sheet


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