Arista Total Assets vs Long Term Debt 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 Total Assets and its Long Term Debt 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.

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arista Networks Total Assets account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Arista Networks' Total Assets and Long Term Debt is -0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt 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' Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Arista Networks are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Arista Networks' Total Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Arista Networks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arista Networks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Arista Networks has held for over one year. Long-term debt appears on Arista Networks balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Arista Networks balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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Additional Tools for Arista Stock Analysis

When running Arista Networks' price analysis, check to measure Arista Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.