Elastic NV (Elastic NV) Debt-to-Equity

: 0.84 (As of Jan. 2024)

View and export this data going back to 2018. Start your Free Trial

Elastic NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $13 Mil. Elastic NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $584 Mil. Elastic NV's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $708 Mil. Elastic NV's debt to equity for the quarter that ended in Jan. 2024 was 0.84.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Elastic NV's Debt-to-Equity or its related term are showing as below:

ESTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 1.3 Max: 1.55
Current: 0.84

During the past 7 years, the highest Debt-to-Equity Ratio of Elastic NV was 1.55. The lowest was 0.06. And the median was 1.30.

ESTC's Debt-to-Equity is ranked worse than
81.95% of 2221 companies
in the Software industry
Industry Median: 0.21 vs ESTC: 0.84

Elastic NV Debt-to-Equity Historical Data

The historical data trend for Elastic NV's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Elastic NV Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

0.09

0.06

1.43

1.49

Elastic NV Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																1.55	1.49	1.44	1.30	0.84

Competitive Comparison

For the Software - Application subindustry, Elastic NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elastic NV Debt-to-Equity Distribution

For the Software industry and Technology sector, Elastic NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Elastic NV's Debt-to-Equity falls into.

Elastic NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elastic NV's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(12.749	+	581.485)	/	398.897
	=	1.49

Elastic NV's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(12.788	+	583.638)	/	707.837
	=	0.84

Elastic NV (NYSE:ESTC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Elastic NV Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Elastic NV's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Elastic NV (Elastic NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Elastic NV (NYSE:ESTC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ESTC:Mexico 3E1:Germany 3E1:Germany E2ST34:Brazil

Address

Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED

Website

https://www.elastic.co

Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.

Executives

Alison Gleeson	director	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Shelley B Leibowitz	director	C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Carolyn Herzog	officer: Chief Legal Officer	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Ken Exner	officer: Chief Product Officer	C/O ELASTIC NV, 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Ashutosh Kulkarni	officer: Chief Executive Officer	6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Shay Banon	director, 10 percent owner, officer: CEO and Chairman	C/O ELASTIC NV, 800 WEST EL CAMINO REAL SUITE 350, MOUNTAIN VIEW CA 94040
Janesh Moorjani	officer: Chief Financial Officer	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Chetan Puttagunta	director	2855 SAND HILL ROAD, MENLO PARK CA 94025
Auvil Paul R. Iii	director	C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Sohaib Abbasi	director	100 EAST DAVIE STREET, RALEIGH NC 27601
Jonathan Chadwick	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Garrett W.h. Baird	officer: SVP and General Counsel	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL SUITE 350, MOUNTAIN VIEW CA 94040
Peter H Fenton	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Paul Andrew Appleby	officer: President, Worldwide Field Ops	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Steven Schuurman	director, 10 percent owner	C/O ELASTIC NV, 800 WEST EL CAMINO REAL SUITE 350, MOUNTAIN VIEW CA 94040