Elastic NV (ESTC) — Working Capital to Net Assets Ratio
Elastic NV (ESTC) has a Working Capital to Net Assets ratio of 100.8% as of October 2025. Working capital of $898.45 Million (current assets of $1.83 Billion minus current liabilities of $927.04 Million) is measured against net assets of $891.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ESTC net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elastic NV Working Capital to Net Assets (2017–2025)
This chart shows how Elastic NV's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of October 2025, the ratio stands at 100.8%, reflecting working capital of $898.45 Million against net assets of $891.11 Million USD. Check Elastic NV (ESTC) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Elastic NV (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elastic NV from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Elastic NV market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 99.5% | $922.75 Million | $927.23 Million | $1.93 Billion | $1.01 Billion | ▲ +10.1 pp |
| 2024 | 89.4% | $659.81 Million | $738.18 Million | $1.53 Billion | $871.09 Million | ▼ -50.4 pp |
| 2023 | 139.8% | $557.66 Million | $398.90 Million | $1.27 Billion | $716.62 Million | ▲ +2.5 pp |
| 2022 | 137.3% | $570.38 Million | $415.43 Million | $1.16 Billion | $593.33 Million | ▲ +95.8 pp |
| 2021 | 41.5% | $187.20 Million | $450.83 Million | $637.21 Million | $450.01 Million | ▲ +5.9 pp |
| 2020 | 35.6% | $147.17 Million | $413.65 Million | $480.24 Million | $333.07 Million | ▼ -50.4 pp |
| 2019 | 86.0% | $226.06 Million | $263.01 Million | $429.64 Million | $203.58 Million | ▲ +90.6 pp |
| 2018 | -4.6% | $7.12 Million | $-153.53 Million | $132.23 Million | $125.11 Million | ▲ +39.6 pp |
| 2017 | -44.3% | $56.90 Million | $-128.54 Million | $120.57 Million | $63.67 Million | — |