ESTCElastic N.V.

$79.28

Is it safe?

Can ESTC take a bad year?

Elastic N.V. holds $799M more cash than debt, so a bad year is a question about profits, not about lenders.

$799M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Annualised volatility
56%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ4 2026
$571M
Cash and short-term investments
$1.37B
Net cash
$799M
EBITDA, trailing twelve months
−$31M
Operating profit, trailing twelve months
−$33M
Debt / equity
0.45×
Annualised volatilitytwo years of daily moves
56%
Worst drawdown on file
−77%
Below its 52-week high
−16%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.