Arista Networks (ANET)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,043,900 | 12,846,700 | 11,623,200 | 10,550,200 | 9,956,640 | 9,069,040 | 8,186,040 | 7,543,070 | 6,775,410 | 6,162,010 | 5,824,540 | 6,108,190 | 5,734,430 | 5,437,350 | 5,208,280 | 4,893,730 | 4,738,920 | 4,399,370 | 4,335,850 | 4,111,840 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,043,900K
= 0.00
Arista Networks has consistently maintained a debt-to-assets ratio of 0.00 throughout the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations or acquire assets during the specified time frame. A debt-to-assets ratio of 0.00 suggests that Arista Networks relies primarily on equity financing, which may imply a lower financial risk and a stronger financial position, as the company is not burdened by debt obligations. This stable and low debt-to-assets ratio demonstrates Arista Networks' ability to manage its financial structure efficiently and maintain a healthy balance sheet.
Peer comparison
Dec 31, 2024