Stock Analysis on Net
Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Arista Networks Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 4.37 3.43 3.53 2.83 2.20
Accrued compensation-related costs 1.35 1.73 1.74 1.55 1.91
Supplier Liability 1.69 1.06 0.49 0.00 0.00
Accrued manufacturing costs 0.62 0.67 0.91 0.91 0.76
Accrued product development costs 0.01 0.40 0.39 0.14 0.27
Other 0.43 0.46 0.43 0.42 0.40
Accrued liabilities 4.09% 4.32% 3.95% 3.03% 3.35%
Deferred revenue 9.20 9.41 10.35 8.36 7.47
Other current liabilities 1.53 1.93 1.52 1.99 1.24
Current liabilities 19.20% 19.09% 19.35% 16.21% 14.27%
Income taxes payable 0.96 1.33 1.22 1.12 1.33
Deferred revenue, non-current 5.94 5.96 5.85 5.37 6.27
Other long-term liabilities 1.32 1.51 4.19 7.23 8.97
Long-term liabilities 8.23% 8.80% 11.27% 13.72% 16.57%
Total liabilities 27.42% 27.89% 30.62% 29.94% 30.84%
Preferred stock, $0.0001 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.0001 par value 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 21.20 26.28 26.68 27.27 26.43
Retained earnings 51.41 46.33 42.84 42.79 42.73
Accumulated other comprehensive income (loss) -0.03 -0.50 -0.14 0.01 0.00
Stockholders’ equity 72.58% 72.11% 69.38% 70.06% 69.16%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Arista Networks Inc. current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Arista Networks Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Arista Networks Inc. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Arista Networks Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.