Elastic NV (MEX:ESTCN) LT-Debt-to-Total-Asset: 0.19 (As of Apr. 2026)

What is Elastic NV LT-Debt-to-Total-Asset?

Elastic NV MEX:ESTCN 72 LT-Debt-to-Total-Asset is 0.19 as of Apr. 2026. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,970.78 (Significantly Undervalued). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Elastic NV's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.19.

Elastic NV's long-term debt to total assets ratio declined from Apr. 2025 (0.23) to Apr. 2026 (0.19). It may suggest that Elastic NV is progressively becoming less dependent on debt to grow their business.

Elastic NV (MEX:ESTCN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Elastic NV LT-Debt-to-Total-Asset Related Terms

Elastic NV LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Elastic NV's LT-Debt-to-Total-Asset 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.

Elastic NV LT-Debt-to-Total-Asset Chart

Elastic NV Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

Apr26

LT-Debt-to-Total-Asset

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0.36

0.33

0.26

0.23

0.19

Elastic NV Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.23	0.24	0.24	0.19

72GF Score

Elastic NV MEX:ESTCN

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Elastic NV LT-Debt-to-Total-Asset Calculation

Elastic NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (A: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2026 )	/	Total Assets (A: Apr. 2026 )
	=	10247.339	/	55222.588
	=	0.19

Elastic NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )	/	Total Assets (Q: Apr. 2026 )
	=	10247.339	/	55222.588
	=	0.19

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.19 mean?

Elastic NV (MEX:ESTCN) has a LT-Debt-to-Total-Asset of 0.19 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Elastic NV and its competitors.

Is Elastic NV's LT-Debt-to-Total-Asset too high?

Elastic NV's current LT-Debt-to-Total-Asset is 0.19. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Elastic NV's LT-Debt-to-Total-Asset compare to TTAN and IDCC?

Elastic NV's LT-Debt-to-Total-Asset of 0.19 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Software company?

A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Elastic NV and its competitors. Elastic NV's current LT-Debt-to-Total-Asset is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Elastic NV stock overvalued right now?

Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,970.78, compared to a current price of MXN1,021.21 — trading 48.2% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.19. Elastic NV's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Elastic NV (MEX:ESTCN), the current LT-Debt-to-Total-Asset is 0.19 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elastic NV (MEX:ESTCN) Overvalued in 2026?

Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued. The current stock price of MXN1,021.21 is trading 48.2% below its estimated GF Value™ of MXN1,970.78. GuruFocus considers Elastic NV to be Significantly Undervalued.

Key valuation signals for MEX:ESTCN:

LT-Debt-to-Total-Asset: 0.19
GF Value™: MXN1,970.78 vs. price of MXN1,021.21 (48.2% below fair value)
GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the MEX:ESTCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elastic NV Business Description

Industry Technology Software

Comparable Companies TTAN IDCC PAYC CHYM CWAN PCTY PCOR PEGA APPF YOU XTER:SAP CRM SHOP UBER NOW ADBE CDNS INTU ADP SNOW

Other Exchanges ESTC:USA 3E1:Germany E2ST34:Brazil

Address Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED

Website https://www.elastic.co

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.

72GF Score

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MXN1,021.21

Price

MXN1,970.78

GF Value

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