Elastic Balance Sheet Health
Financial Health criteria checks 4/6
Elastic has a total shareholder equity of $707.8M and total debt of $568.3M, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are $2.1B and $1.4B respectively.
Key information
80.3%
Debt to equity ratio
US$568.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.02b |
| Equity | US$707.84m |
| Total liabilities | US$1.35b |
| Total assets | US$2.06b |
Recent financial health updates
Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?
Feb 06
Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?
Oct 23Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Jul 24Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
Apr 03Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Dec 07Recent updates
The Price Is Right For Elastic N.V. (NYSE:ESTC)
Apr 17Elastic: Chasing The Narrative
Apr 01When Should You Buy Elastic N.V. (NYSE:ESTC)?
Mar 27Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full
Mar 04Elastic: Expectations And Competition Intensify Before Earnings
Feb 23Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?
Feb 06Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025
Jan 12Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy
Dec 15Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Nov 30Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation
Nov 29Elastic: Steady Investment In Unsteady Times
Nov 01Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?
Oct 23Elastic: Improved Sentiment May Not Be Justified
Oct 11Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?
Oct 05Elastic N.V. Can Ride The Wave Of Generative AI
Oct 01Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Sep 01Elastic Earnings: Growth Hurdles And Valuation Concerns
Sep 01Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Jul 24Elastic: Opportunity Is Vast
Jul 06Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)
Jul 06Elastic: Q4 2023 Earnings Review
Jun 02Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?
May 13Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
Apr 03Elastic hires new marketing chief
Feb 14Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?
Feb 09Elastic: Potential Acquisition Target
Jan 27A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)
Dec 28Elastic: The Potential Spring Back Is Getting Very Large
Dec 20Elastic Q2 Earnings: Important Message On The Current Economic Downturn For Everyone
Dec 09Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Dec 07Elastic: Declining Prospects
Nov 03What Is Elastic N.V.'s (NYSE:ESTC) Share Price Doing?
Oct 26Elastic: Value Makes Up For Growth Deceleration
Oct 18Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?
Sep 09Elastic: Driving Product Adoption Through Hyperscalers Including Amazon
Sep 08Financial Position Analysis
Short Term Liabilities: ESTC's short term assets ($1.4B) exceed its short term liabilities ($728.3M).
Long Term Liabilities: ESTC's short term assets ($1.4B) exceed its long term liabilities ($622.8M).
Debt to Equity History and Analysis
Debt Level: ESTC has more cash than its total debt.
Reducing Debt: ESTC's debt to equity ratio has increased from 0% to 80.3% over the past 5 years.
Debt Coverage: ESTC's debt is well covered by operating cash flow (20.3%).
Interest Coverage: Insufficient data to determine if ESTC's interest payments on its debt are well covered by EBIT.