Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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

US$ in thousands

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Accounts payable 381,083 435,059 232,572 202,636 134,235
Accrued compensation-related costs 147,847 134,225 117,053 99,571 73,634
Supplier liability 63,786 167,878 71,481 28,203
Accrued manufacturing costs 110,169 61,491 45,379 52,010 43,181
Other 113,475 43,708 58,574 46,859 26,542
Accrued liabilities 435,277 407,302 292,487 226,643 143,357
Deferred revenue 1,727,280 915,204 637,432 593,578 396,259
Other current liabilities 188,582 152,041 131,040 86,972 94,392
Current liabilities 2,732,222 1,909,606 1,293,531 1,109,829 768,243
Deferred revenue, non-current 1,064,135 591,000 403,814 335,734 254,568
Other long-term liabilities 252,757 227,141 192,245 310,266 395,817
Long-term liabilities 1,316,892 818,141 596,059 646,000 650,385
Total liabilities 4,049,114 2,727,747 1,889,590 1,755,829 1,418,628
Preferred stock, $0.0001 par value; no shares issued and outstanding
Common stock, $0.0001 par value 126 31 31 31 8
Additional paid-in capital 2,465,409 2,108,331 1,780,714 1,530,046 1,292,431
Retained earnings 7,542,460 5,114,025 3,138,983 2,456,823 2,027,614
Accumulated other comprehensive income (loss) (13,188) (3,328) (33,908) (8,300) 238
Stockholders’ equity 9,994,807 7,219,059 4,885,820 3,978,600 3,320,291
Total liabilities and stockholders’ equity 14,043,921 9,946,806 6,775,410 5,734,429 4,738,919

Based on: 10-K (reporting date: 2024-12-31), 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).

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 increased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Arista Networks Inc. long-term liabilities increased from 2022 to 2023 and from 2023 to 2024.
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 increased from 2022 to 2023 and from 2023 to 2024.
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 increased from 2022 to 2023 and from 2023 to 2024.