Elastic Balance Sheet Health
Financial Health criteria checks 4/6
Elastic has a total shareholder equity of $738.2M and total debt of $568.6M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are $2.2B and $1.5B respectively.
Key information
77.0%
Debt to equity ratio
US$568.61m
Debt
Interest coverage ratio | n/a |
Cash | US$1.08b |
Equity | US$738.19m |
Total liabilities | US$1.50b |
Total assets | US$2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESTC N's short term assets ($1.5B) exceed its short term liabilities ($871.1M).
Long Term Liabilities: ESTC N's short term assets ($1.5B) exceed its long term liabilities ($633.3M).
Debt to Equity History and Analysis
Debt Level: ESTC N has more cash than its total debt.
Reducing Debt: ESTC N's debt to equity ratio has increased from 0% to 77% over the past 5 years.
Debt Coverage: ESTC N's debt is well covered by operating cash flow (26.2%).
Interest Coverage: Insufficient data to determine if ESTC N's interest payments on its debt are well covered by EBIT.