Arista Accounts Payable vs Long Term Debt Total Analysis

ANET Stock  USD 404.97  23.26  6.09%   
Arista Networks financial indicator trend analysis is way more than just evaluating Arista Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arista Networks is a good investment. Please check the relationship between Arista Networks Accounts Payable and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

Accounts Payable vs Long Term Debt Total

Accounts Payable vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arista Networks Accounts Payable account and Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Arista Networks' Accounts Payable and Long Term Debt Total is -0.87. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Arista Networks, assuming nothing else is changed. The correlation between historical values of Arista Networks' Accounts Payable and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Arista Networks are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Arista Networks' Accounts Payable and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Arista Networks obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Arista Networks are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt Total

Most indicators from Arista Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arista Networks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.At this time, Arista Networks' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 42.32 in 2024, whereas Enterprise Value is likely to drop slightly above 13.1 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.1M54.7M62.9M66.0M
Depreciation And Amortization65.8M62.7M70.6M74.2M

Arista Networks fundamental ratios Correlations

0.4-0.180.350.410.40.530.43-0.420.370.330.40.390.250.440.390.320.40.310.340.460.410.320.410.410.32
0.4-0.460.960.991.00.70.99-0.91.00.980.90.990.90.990.980.930.810.960.960.981.00.891.00.410.93
-0.18-0.46-0.54-0.42-0.46-0.55-0.420.35-0.43-0.42-0.33-0.5-0.54-0.47-0.45-0.48-0.44-0.37-0.39-0.53-0.43-0.33-0.450.15-0.48
0.350.96-0.540.960.960.620.94-0.80.960.960.810.960.90.920.950.930.710.960.950.920.950.860.950.260.93
0.410.99-0.420.960.990.670.99-0.890.990.990.890.970.90.970.980.950.750.970.980.960.990.890.990.390.95
0.41.0-0.460.960.990.70.99-0.91.00.980.910.990.90.990.980.930.80.960.960.981.00.91.00.390.93
0.530.7-0.550.620.670.70.7-0.560.650.570.540.740.570.730.70.680.790.540.620.80.720.440.70.580.68
0.430.99-0.420.940.990.990.7-0.890.980.970.890.960.870.970.970.930.770.950.970.980.990.860.990.430.93
-0.42-0.90.35-0.8-0.89-0.9-0.56-0.89-0.9-0.88-1.0-0.85-0.8-0.91-0.85-0.74-0.7-0.85-0.82-0.88-0.89-0.94-0.91-0.37-0.74
0.371.0-0.430.960.991.00.650.98-0.90.990.90.980.910.980.980.930.780.970.970.950.990.911.00.370.93
0.330.98-0.420.960.990.980.570.97-0.880.990.890.960.920.940.960.940.690.990.980.920.970.930.980.310.94
0.40.9-0.330.810.890.910.540.89-1.00.90.890.860.80.910.850.740.680.860.830.880.90.950.910.370.74
0.390.99-0.50.960.970.990.740.96-0.850.980.960.860.90.970.970.920.830.940.940.960.990.860.980.390.92
0.250.9-0.540.90.90.90.570.87-0.80.910.920.80.90.840.920.890.60.940.910.870.880.860.90.090.89
0.440.99-0.470.920.970.990.730.97-0.910.980.940.910.970.840.940.890.850.910.920.980.990.870.990.490.89
0.390.98-0.450.950.980.980.70.97-0.850.980.960.850.970.920.940.940.750.970.980.960.970.860.980.290.94
0.320.93-0.480.930.950.930.680.93-0.740.930.940.740.920.890.890.940.690.930.970.910.930.770.930.341.0
0.40.81-0.440.710.750.80.790.77-0.70.780.690.680.830.60.850.750.690.650.680.830.820.590.80.570.69
0.310.96-0.370.960.970.960.540.95-0.850.970.990.860.940.940.910.970.930.650.980.90.950.910.960.230.93
0.340.96-0.390.950.980.960.620.97-0.820.970.980.830.940.910.920.980.970.680.980.930.960.850.970.310.97
0.460.98-0.530.920.960.980.80.98-0.880.950.920.880.960.870.980.960.910.830.90.930.980.820.980.440.91
0.411.0-0.430.950.991.00.720.99-0.890.990.970.90.990.880.990.970.930.820.950.960.980.881.00.450.93
0.320.89-0.330.860.890.90.440.86-0.940.910.930.950.860.860.870.860.770.590.910.850.820.880.90.270.77
0.411.0-0.450.950.991.00.70.99-0.911.00.980.910.980.90.990.980.930.80.960.970.981.00.90.410.93
0.410.410.150.260.390.390.580.43-0.370.370.310.370.390.090.490.290.340.570.230.310.440.450.270.410.34
0.320.93-0.480.930.950.930.680.93-0.740.930.940.740.920.890.890.941.00.690.930.970.910.930.770.930.34
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Arista Networks Account Relationship Matchups

Arista Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.7B5.7B6.8B9.9B10.4B
Short Long Term Debt Total83.0M72.4M56.5M44.0M65.5M67.4M
Other Current Liab52.1M235.9M243.7M333.7M463.6M486.8M
Total Current Liabilities597.1M768.2M1.1B1.3B1.9B2.0B
Total Stockholder Equity2.9B3.3B4.0B4.9B7.2B7.6B
Property Plant And Equipment Net127.0M109.5M143.8M148.4M101.6M101.4M
Current Deferred Revenue312.7M396.3M593.6M637.4M915.2M961.0M
Net Debt(1.0B)(820.8M)(564.3M)(627.7M)(1.9B)(1.8B)
Retained Earnings1.8B2.0B2.5B3.1B5.1B5.4B
Accounts Payable92.1M134.2M202.6M232.6M435.1M456.8M
Cash1.1B893.2M620.8M671.7M1.9B2.0B
Non Current Assets Total713.7M901.9M921.8M1.2B1.6B1.6B
Non Currrent Assets Other30.3M30.1M33.4M73.8M88.7M93.2M
Cash And Short Term Investments2.7B2.9B3.4B3.0B5.0B5.3B
Net Receivables392.0M389.5M516.5M923.1M1.0B1.1B
Liabilities And Stockholders Equity4.2B4.7B5.7B6.8B9.9B10.4B
Non Current Liabilities Total693.5M650.4M646M596.1M818.1M426.0M
Inventory243.8M479.7M650.1M1.3B1.9B2.0B
Other Current Assets64.5M94.9M237.7M314.2M412.5M433.1M
Other Stockholder Equity1.1B1.3B1.5B1.8B2.1B2.2B
Total Liab1.3B1.4B1.8B1.9B2.7B2.9B
Property Plant And Equipment Gross127.0M109.5M78.6M95.0M289.7M304.1M
Total Current Assets3.5B3.8B4.8B5.6B8.4B8.8B
Accumulated Other Comprehensive Income143K238K(8.3M)(33.9M)(3.3M)(3.5M)
Short Term Debt140.2M143.4M226.6M19.9M95.8M88.4M
Other Liab610.5M578.0M589.5M552.1M634.9M349.6M
Other Assets482.4M471.6M475.7M648.7M746.0M783.3M
Property Plant Equipment127.0M32.2M143.8M95.0M109.3M92.7M
Net Tangible Assets2.8B3.2B3.7B4.8B5.5B5.8B
Good Will54.9M189.7M188.4M265.9M268.5M282.0M
Retained Earnings Total Equity1.8B2.0B2.5B3.1B3.6B3.8B
Short Term Investments1.6B2.0B2.8B2.4B3.1B1.6B
Capital Surpluse1.1B1.3B1.5B1.8B2.0B1.1B
Long Term Investments4.2M8.3M20.2M39.5M35.5M22.0M

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