Arista Net Tangible Assets vs Total Assets Analysis

ANET Stock  USD 115.20  3.41  3.05%   
Arista Networks financial indicator trend analysis is way more than just evaluating Arista Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arista Networks is a good investment. Please check the relationship between Arista Networks Net Tangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

Net Tangible Assets vs Total Assets

JavaScript chart by amCharts 3.21.15201620182020202220241B1.5B2B2.5B3B3.5B4B4.5B5B 1B2B3B4B5B6B7B8B9B10B11B12B
JavaScript chart by amCharts 3.21.15Net Tangible Assetstotal: 36.6BTotal Assetstotal: 64.1B

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arista Networks Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
Net Tangible AssetsTotal AssetsDiversified AwayNet Tangible AssetsTotal AssetsDiversified Away100%
The correlation between Arista Networks' Net Tangible Assets and Total Assets is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Arista Networks, assuming nothing else is changed. The correlation between historical values of Arista Networks' Net Tangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Arista Networks are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Arista Networks' Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Arista Networks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arista Networks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Arista Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arista Networks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.At this time, Arista Networks' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 404.2 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2025.
 2022 2024 2025 (projected)
Interest Expense54.7M62.9M66.0M
Depreciation And Amortization62.7M81.2M85.3M

Arista Networks fundamental ratios Correlations

0.45-0.210.410.460.450.560.47-0.490.430.390.450.440.310.480.440.390.450.380.40.50.460.390.450.430.39
0.45-0.460.970.991.00.680.99-0.911.00.980.940.990.930.990.990.930.950.970.980.981.00.931.00.40.93
-0.21-0.46-0.53-0.43-0.47-0.56-0.430.39-0.44-0.43-0.36-0.5-0.42-0.47-0.46-0.51-0.46-0.39-0.41-0.53-0.45-0.36-0.460.12-0.51
0.410.97-0.530.970.970.610.96-0.830.970.980.870.970.930.950.970.930.890.970.970.940.970.90.970.280.93
0.460.99-0.430.970.990.651.0-0.90.990.990.930.980.940.980.990.940.920.980.990.970.990.931.00.390.94
0.451.0-0.470.970.990.670.99-0.911.00.980.940.990.930.990.990.930.950.970.980.981.00.931.00.390.93
0.560.68-0.560.610.650.670.67-0.60.630.570.540.710.450.710.670.710.740.540.610.770.690.460.670.590.71
0.470.99-0.430.961.00.990.67-0.90.980.980.930.970.910.980.980.940.930.970.980.980.990.910.990.420.94
-0.49-0.910.39-0.83-0.9-0.91-0.6-0.9-0.9-0.89-0.98-0.88-0.86-0.92-0.87-0.76-0.87-0.86-0.85-0.91-0.9-0.92-0.91-0.4-0.76
0.431.0-0.440.970.991.00.630.98-0.90.990.940.990.950.980.980.930.950.980.980.971.00.941.00.370.93
0.390.98-0.430.980.990.980.570.98-0.890.990.930.970.970.960.970.930.90.990.980.940.980.960.980.320.93
0.450.94-0.360.870.930.940.540.93-0.980.940.930.90.910.940.90.780.890.910.890.910.930.970.940.370.78
0.440.99-0.50.970.980.990.710.97-0.880.990.970.90.910.980.980.930.960.960.960.970.990.90.990.40.93
0.310.93-0.420.930.940.930.450.91-0.860.950.970.910.910.890.930.860.820.970.940.870.920.970.930.160.86
0.480.99-0.470.950.980.990.710.98-0.920.980.960.940.980.890.960.910.970.940.950.980.990.910.990.480.91
0.440.99-0.460.970.990.990.670.98-0.870.980.970.90.980.930.960.940.920.980.990.970.980.90.990.310.94
0.390.93-0.510.930.940.930.710.94-0.760.930.930.780.930.860.910.940.850.920.960.930.930.80.930.371.0
0.450.95-0.460.890.920.950.740.93-0.870.950.90.890.960.820.970.920.850.870.880.950.960.850.950.520.85
0.380.97-0.390.970.980.970.540.97-0.860.980.990.910.960.970.940.980.920.870.990.930.970.940.970.260.92
0.40.98-0.410.970.990.980.610.98-0.850.980.980.890.960.940.950.990.960.880.990.950.970.90.980.330.96
0.50.98-0.530.940.970.980.770.98-0.910.970.940.910.970.870.980.970.930.950.930.950.980.870.980.440.93
0.461.0-0.450.970.991.00.690.99-0.91.00.980.930.990.920.990.980.930.960.970.970.980.921.00.440.93
0.390.93-0.360.90.930.930.460.91-0.920.940.960.970.90.970.910.90.80.850.940.90.870.920.930.290.8
0.451.0-0.460.971.01.00.670.99-0.911.00.980.940.990.930.990.990.930.950.970.980.981.00.930.40.93
0.430.40.120.280.390.390.590.42-0.40.370.320.370.40.160.480.310.370.520.260.330.440.440.290.40.37
0.390.93-0.510.930.940.930.710.94-0.760.930.930.780.930.860.910.941.00.850.920.960.930.930.80.930.37
Click cells to compare fundamentals

Arista Networks Account Relationship Matchups

Arista Networks fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.5B1.2B
Total Assets4.7B5.7B6.8B9.9B11.4B12.0B
Short Long Term Debt Total72.4M56.5M44.0M65.5M59.0M67.4M
Other Current Liab235.9M243.7M333.7M463.6M533.1M559.8M
Total Current Liabilities768.2M1.1B1.3B1.9B2.2B2.3B
Total Stockholder Equity3.3B4.0B4.9B7.2B8.3B8.7B
Property Plant And Equipment Net109.5M143.8M148.4M101.6M116.8M101.4M
Current Deferred Revenue396.3M593.6M637.4M915.2M1.1B1.1B
Net Debt(820.8M)(564.3M)(627.7M)(1.9B)(1.7B)(1.7B)
Retained Earnings2.0B2.5B3.1B5.1B5.9B6.2B
Accounts Payable134.2M202.6M232.6M435.1M500.3M525.3M
Cash893.2M620.8M671.7M1.9B2.2B2.3B
Non Current Assets Total901.9M921.8M1.2B1.6B1.8B1.9B
Non Currrent Assets Other30.1M33.4M73.8M151.9M174.7M183.4M
Cash And Short Term Investments2.9B3.4B3.0B5.0B5.8B6.0B
Net Receivables389.5M516.5M923.1M1.0B1.2B1.2B
Liabilities And Stockholders Equity4.7B5.7B6.8B9.9B11.4B12.0B
Non Current Liabilities Total650.4M646M596.1M818.1M940.9M987.9M
Inventory479.7M650.1M1.3B1.9B2.2B2.3B
Other Current Assets94.9M237.7M314.2M412.5M474.4M498.1M
Other Stockholder Equity1.3B1.5B1.8B2.1B2.4B2.5B
Total Liab1.4B1.8B1.9B2.7B3.1B3.3B
Property Plant And Equipment Gross109.5M78.6M95.0M289.7M333.1M349.8M
Total Current Assets3.8B4.8B5.6B8.4B9.6B10.1B
Accumulated Other Comprehensive Income238K(8.3M)(33.9M)(3.3M)(3.0M)(3.1M)
Short Term Debt143.4M226.6M19.9M95.8M110.1M88.4M
Other Liab610.5M578.0M589.5M552.1M634.9M349.6M
Other Assets482.4M471.6M475.7M648.7M746.0M783.3M
Property Plant Equipment127.0M32.2M143.8M95.0M109.3M92.7M
Net Tangible Assets2.8B3.2B3.7B4.8B5.5B5.8B
Good Will189.7M188.4M265.9M268.5M308.8M324.3M
Retained Earnings Total Equity1.8B2.0B2.5B3.1B3.6B3.8B
Short Term Investments2.0B2.8B2.4B3.1B3.5B3.7B
Capital Surpluse1.1B1.3B1.5B1.8B2.0B1.1B
Long Term Investments4.2M8.3M20.2M39.5M35.5M22.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Arista Stock Analysis

When running Arista Networks' price analysis, check to measure Arista Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.