Debt to Equity
since 2014
Calculation
Arista Networks Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Finance lease liabilities, non-current1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | = | —) | ÷ | 7,219,059) |
| Dec 31, 2022 | 0.00 | = | —) | ÷ | 4,885,820) |
| Dec 31, 2021 | 0.00 | = | —) | ÷ | 3,978,600) |
| Dec 31, 2020 | 0.00 | = | —) | ÷ | 3,320,291) |
| Dec 31, 2019 | 0.00 | = | —) | ÷ | 2,894,686) |
| Dec 31, 2018 | 0.02 | = | 35,431) | ÷ | 2,143,389) |
| Dec 31, 2017 | 0.02 | = | 37,673) | ÷ | 1,661,914) |
| Dec 31, 2016 | 0.04 | = | 39,593) | ÷ | 1,107,820) |
| Dec 31, 2015 | 0.05 | = | 41,210) | ÷ | 788,152) |
| Dec 31, 2014 | 0.08 | = | 42,547) | ÷ | 555,658) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 US$ in thousands
Comparison to Competitors
Arista Networks Inc., debt to equity, long-term trends, comparison to competitors
| Arista Networks Inc. | Apple Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | 1.79 | 0.19 | 0.15 |
| Dec 31, 2022 | 0.00 | 2.37 | 0.24 | 0.42 |
| Dec 31, 2021 | 0.00 | 1.98 | 0.28 | 0.09 |
| Dec 31, 2020 | 0.00 | 1.72 | 0.38 | 0.03 |
| Dec 31, 2019 | 0.00 | 1.19 | 0.73 | 0.03 |
| Dec 31, 2018 | 0.02 | 1.07 | 0.59 | 0.14 |
| Dec 31, 2017 | 0.02 | 0.86 | 0.51 | 0.21 |
| Dec 31, 2016 | 0.04 | 0.68 | 0.45 | 0.13 |
| Dec 31, 2015 | 0.05 | 0.54 | 0.42 | 0.15 |
| Dec 31, 2014 | 0.08 | 0.32 | 0.37 | 0.10 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Arista Networks Inc., debt to equity, long-term trends, comparison to sector (technology hardware & equipment)
| Arista Networks Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 1.04 |
| Dec 31, 2022 | 0.00 | 1.35 |
| Dec 31, 2021 | 0.00 | 1.25 |
| Dec 31, 2020 | 0.00 | 1.18 |
| Dec 31, 2019 | 0.00 | 1.04 |
| Dec 31, 2018 | 0.02 | 0.91 |
| Dec 31, 2017 | 0.02 | 0.74 |
| Dec 31, 2016 | 0.04 | 0.60 |
| Dec 31, 2015 | 0.05 | 0.50 |
| Dec 31, 2014 | 0.08 | 0.33 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Industry (Information Technology)
Arista Networks Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Arista Networks Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 0.62 |
| Dec 31, 2022 | 0.00 | 0.67 |
| Dec 31, 2021 | 0.00 | 0.76 |
| Dec 31, 2020 | 0.00 | 0.87 |
| Dec 31, 2019 | 0.00 | 0.87 |
| Dec 31, 2018 | 0.02 | 0.82 |
| Dec 31, 2017 | 0.02 | 0.81 |
| Dec 31, 2016 | 0.04 | 0.65 |
| Dec 31, 2015 | 0.05 | 0.56 |
| Dec 31, 2014 | 0.08 | 0.38 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).