Company name:

Arista Networks Inc

  • IPO SHARE PRICE:
    $43.00
  • IPO DATE:
    06 June 2014
  • TICKER:
    ANET
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    5453 Great America Parkway Santa Clara California 95054
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Arista Networks Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
18.8% 41.8% 8.2% 10.1%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
81.0%
41.8% —

Short-term passive investments

18.8% —

Cash and cash equivalents

10.1% —

Inventory

8.2% —

Accounts Receivable

2.0% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
 $859,192 $649,950 $1,111,286 $893,219
Short-term passive investments
$45,679
$45,679
$45,679
$45,679
 676,363 1,306,197 1,613,082 1,979,649
Accounts Receivable
$45,679
$45,679
$45,679
$45,679
 247,346 331,777 391,987 389,540
Inventory
$45,679
$45,679
$45,679
$45,679
 306,198 264,557 243,825 479,668
Deferred tax assets
$45,679
$45,679
-
-
 - - - -
Prepaid expenses and other current assets
$45,679
$45,679
$45,679
$45,679
 177,330 162,321 111,456 94,922
Total current assets
$45,679
$45,679
$45,679
$45,679
 $2,266,429 $2,714,802 $3,471,636 $3,836,998
9.3% 4.0%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
19.0%
9.3% —

Deferred tax assets

4.0% —

Goodwill

2.6% —

Acquisition-related intangible assets

1.6% —

Operating lease - right-of-use assets

0.7% —

Property and equipment net

0.6% —

Other assets non-current

0.2% —

Long-term passive investments
Selected Year:
Long-term passive investments
45,679
45,679
45,679
45,679
 36,136 30,336 4,150 8,314
Property and equipment net
45,679
45,679
45,679
45,679
 74,279 75,355 39,273 32,231
Operating lease - right-of-use assets
-
-
-
-
 - - 87,770 77,288
Deferred tax assets
45,679
45,679
45,679
45,679
 65,125 126,492 452,025 441,531
Acquisition-related intangible assets
-
-
-
-
 - 58,610 45,235 122,790
Goodwill
-
-
-
-
 - 53,684 54,855 189,696
Other assets non-current
-
-
-
-
 - - 30,346 30,071
Other non-current assets
45,679
45,679
45,679
45,679
 18,891 22,704 30,346 -
Total non-current assets
45,679
45,679
45,679
45,679
 194,431 367,181 713,654 901,921
Total assets
45,679
45,679
45,679
45,679
 $2,460,860 $3,081,983 $4,185,290 $4,738,919
8.4% 3.0% 5.4% 4.8% 42.8% 27.3%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
16.2%
8.4% —

Current portion of deferred revenue

3.0% —

Accrued liabilities

2.8% —

Accounts payable

2.0% —

Other current liabilities
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
$45,679
 $52,200 $93,757 $92,105 $134,235
Accrued interest payable
$45,679
-
-
-
 - - - -
Accrued interest payable related party
$45,679
-
-
-
 - - - -
Accrued liabilities
$45,679
$45,679
$45,679
$45,679
 133,827 123,254 140,249 143,357
Current portion of deferred revenue
$45,679
$45,679
$45,679
$45,679
 327,706 358,586 312,668 396,259
Convertible notes payable
$45,679
-
-
-
 - - - -
Convertible notes payable related party
$45,679
-
-
-
 - - - -
Other current liabilities
$45,679
$45,679
$45,679
$45,679
 16,172 30,907 52,052 94,392
Total current liabilities
$45,679
$45,679
$45,679
$45,679
 $529,905 $606,504 $597,074 $768,243
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
13.7%
5.4% —

Deferred revenue

4.8% —

Deferred tax liability

1.5% —

Operating leases

1.1% —

Income tax payable

0.9% —

Other non-current liabilities
Selected Year:
Deferred revenue
$45,679
$45,679
$45,679
$45,679
 187,556 228,641 262,620 254,568
Income tax payable
$45,679
$45,679
$45,679
$45,679
 34,067 36,167 55,485 53,053
Deferred tax liability
-
-
-
-
 - 3,753 254,710 227,936
Operating leases
-
-
-
-
 - - 83,022 72,397
Finance leases
-
-
-
-
 - 35,431 - -
Lease financing obligations
$45,679
$45,679
$45,679
$45,679
 37,673 - - -
Other non-current liabilities
$45,679
$45,679
$45,679
$45,679
 9,745 28,098 37,693 42,431
Total long-term liabilities
$45,679
$45,679
$45,679
$45,679
 $269,041 $332,090 $693,530 $650,385
Total Liabilities
$45,679
$45,679
$45,679
$45,679
 $798,946 $938,594 $1,290,604 $1,418,628
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
70.1%
42.8% —

Retained earnings

27.3% —

Additional paid-in capital

0.0% —

Accumulated other comprehensive income

0.0% —

Common stock
Selected Year:
Convertible preferred stock
$45,679
-
-
-
 - - - -
Preferred Stock
$45,679
$45,679
$45,679
$45,679
 - - - -
Common stock
$45,679
$45,679
$45,679
$45,679
 7 8 8 8
Retained earnings
$45,679
$45,679
$45,679
$45,679
 859,114 1,190,803 1,788,230 2,027,614
Additional paid-in capital
$45,679
$45,679
$45,679
$45,679
 804,731 956,572 1,106,305 1,292,431
Accumulated other comprehensive income
-
-
-
-
 - - 143 238
Accumulated other comprehensive (loss) income
$45,679
-
-
-
 - (3,994) 143 -
Accumulated other comprehensive loss
-
$45,679
$45,679
$45,679
 (1,938) - - -
Total Equity
$45,679
$45,679
$45,679
$45,679
 $1,661,914 $2,143,389 $2,894,686 $3,320,291
Total Liabilities and Equity
$45,679
$45,679
$45,679
$45,679
 $2,460,860 $3,081,983 $4,185,290 $4,738,919