First Time Loading...

Elastic NV
NYSE:ESTC

Watchlist Manager
Elastic NV Logo
Elastic NV
NYSE:ESTC
Watchlist
Price: 101.97 USD -1.68%
Updated: Apr 25, 2024

ROA
Return on Assets

3%
Current
-13%
Average
0.2%
Industry
Positive for the last year
3%
Negative average
-13%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3%
=
Net Income
56.1m
/
Total Assets
1.8B

ROA Across Competitors

ROA Comparison
Elastic NV Competitors

Country NL
Market Cap 10.3B USD
ROA
3%
Country US
Market Cap 789.1B USD
ROA
-73%
Country US
Market Cap 670.7B USD
ROA
31%
Country US
Market Cap 262.6B USD
ROA
4%
Country DE
Market Cap 198.7B EUR
ROA
9%
Country US
Market Cap 211.8B USD
ROA
17%
Country US
Market Cap 174.3B USD
ROA
10%
Country US
Market Cap 80B USD
ROA
14%
Country US
Market Cap 74.9B USD
ROA
19%
Country US
Market Cap 66.6B USD
ROA
9%
Country CA
Market Cap 77.3B CAD
ROA
6%

Profitability Report

View the profitability report to see the full profitability analysis for Elastic NV.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
3%
=
Net Income
56.1m
/
Total Assets
1.8B
What is the ROA of Elastic NV?

Based on Elastic NV's most recent financial statements, the company has ROA of 3%.