What is the Return on Assets (ROA) of Elastic this year?
The Return on Assets (ROA) of Elastic is -0.14 undefined this year.
Elastic ROA 2024
Elastic ROA
-0.14
Elastic Dividend yield
Ticker
ESTC
ISIN
NL0013056914
WKN
A2N5RS
In 2024, Elastic's return on assets (ROA) was -0.14, a 9.21% increase from the -0.12 ROA in the previous year.
Elastic Aktienanalyse
What does Elastic do?
Elastic NV is a multinational technology company specializing in data collection, analysis, and management. It was founded in 2012 by Shay Banon in Amsterdam and is headquartered in Mountain View, California. The company's history began with the release of the open-source software Elasticsearch in 2010. Elasticsearch quickly became one of the most widely-used tools in data analysis and integration. In 2012, Elastic was formed to further develop Elasticsearch and other products and services, including Kibana, Logstash, and Beats, collectively known as the ELK stack. Elastic also provides industry-specific solutions such as Elastic Security, Elastic Enterprise Search, and Elastic Cloud. Its business model includes licensing, support and training offerings, and cloud hosting services. Elastic has established partnerships with major companies like Microsoft, AWS, and IBM and has gained recognition in the IT industry. It has a diverse customer base and is listed on the New York Stock Exchange. Overall, Elastic offers a comprehensive range of big data tools and services for businesses of all sizes and industries, playing a significant role in modern data analysis and processing. Elastic ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Elastic's Return on Assets (ROA)
Elastic's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Elastic's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Elastic's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Elastic’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Elastic Stock
What was the ROA of Elastic compared to the previous year?
The ROA of Elastic has increased by 9.21% compared to the previous year.
What consequences do high ROA have for investors of Elastic?
A high ROA is advantageous for investors of Elastic, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Elastic?
A low ROA can be unfavorable for investors of Elastic as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Elastic affect the company?
An increase in ROA of Elastic can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Elastic impact the company?
A reduction in the ROA of Elastic can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Elastic?
Some factors that can influence the ROA of Elastic include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Elastic important for investors?
The ROA of Elastic is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Elastic take to improve ROA?
To improve ROA, Elastic can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Elastic pay?
Over the past 12 months, Elastic paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Elastic is expected to pay a dividend of 0 USD.
What is the dividend yield of Elastic?
The current dividend yield of Elastic is .
When does Elastic pay dividends?
Elastic pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Elastic?
Elastic paid dividends every year for the past 0 years.
What is the dividend of Elastic?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Elastic located?
Elastic is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Elastic kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Elastic from 4/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/29/2024.
When did Elastic pay the last dividend?
The last dividend was paid out on 4/29/2024.
What was the dividend of Elastic in the year 2023?
In the year 2023, Elastic distributed 0 USD as dividends.
In which currency does Elastic pay out the dividend?
The dividends of Elastic are distributed in USD.
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Andere Kennzahlen von Elastic
Our stock analysis for Elastic Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elastic Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
