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Arista Networks (Arista Networks) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Arista Networks Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Arista Networks's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0 Mil. Arista Networks's average total debt for the quarter that ended in Dec. 2023 was $48 Mil. Therefore, Arista Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Arista Networks Effective Interest Rate on Debt % Historical Data

The historical data trend for Arista Networks's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Arista Networks Effective Interest Rate on Debt % Chart

Arista Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Arista Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Arista Networks's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, Arista Networks's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arista Networks's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arista Networks's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Arista Networks's Effective Interest Rate on Debt % falls into.



Arista Networks Effective Interest Rate on Debt % Calculation

Arista Networks's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (43.964+0)/ 1 )
=-1  *  0/43.964
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.964 + 0
=43.964

Arista Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (48.044+0)/ 1 )
=-1  *  0/48.044
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.044 + 0
=48.044

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Arista Networks  (NYSE:ANET) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Arista Networks Effective Interest Rate on Debt % Related Terms

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Arista Networks (Arista Networks) Business Description

Industry
Address
5453 Great America Parkway, Santa Clara, CA, USA, 95054
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
Executives
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Jayshree Ullal director, officer: President and CEO C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Kenneth Duda officer: SVP and CTO C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
John F Mccool officer: Chief Platform Officer, C/O ARISTA NETWORKS, 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Charles H Giancarlo director 170 WEST TASMAN DRIVE, SAN JOSE X1 95134
Marc Taxay officer: SVP and General Counsel 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Ita M Brennan officer: SVP & Chief Financial Officer 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Kelly Bodnar Battles director 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Anshul Sadana officer: SVP, Customer Engineering C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Andreas Bechtolsheim director, 10 percent owner, officer: Chief Development Officer C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Ann Mather director
Lewis Chew director DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Daniel Scheinman director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Manuel Felix Rivelo officer: SVP, Chief Customer Officer 2312 MAGNOLIA BLVD. WEST, SEATTLE WA 98199