Arista Networks (ANET)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,994,810 | 7,219,060 | 4,885,820 | 3,978,600 | 3,320,290 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,994,810K
= 0.00
The debt-to-equity ratio of Arista Networks has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company's operations are primarily funded through equity rather than debt financing. It can be interpreted as a positive indicator of financial health, signaling a lower financial risk and potential for higher returns for equity investors. However, it is important to consider other financial metrics and factors to assess the overall financial position and performance of Arista Networks accurately.
Peer comparison
Dec 31, 2024