ANET (Arista Networks) Cash And Cash Equivalents : $3,175 Mil (As of Sep. 2024)

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What is Arista Networks Cash And Cash Equivalents?

Arista Networks's quarterly cash and cash equivalents increased from Mar. 2024 ($2,092.10 Mil) to Jun. 2024 ($2,429.03 Mil) and increased from Jun. 2024 ($2,429.03 Mil) to Sep. 2024 ($3,175.14 Mil).

Arista Networks's annual cash and cash equivalents increased from Dec. 2021 ($620.81 Mil) to Dec. 2022 ($671.71 Mil) and increased from Dec. 2022 ($671.71 Mil) to Dec. 2023 ($1,938.61 Mil).

Arista Networks Cash And Cash Equivalents Historical Data

The historical data trend for Arista Networks's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Arista Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,111.29

893.22

620.81

671.71

1,938.61

Arista Networks Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,748.82	1,938.61	2,092.10	2,429.03	3,175.14

Arista Networks Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Arista Networks (NYSE:ANET) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Arista Networks Cash And Cash Equivalents Related Terms

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Arista Networks Business Description

Industry

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ANET:Mexico 0HHR:UK 1170:Germany A1NE34:Brazil ANET:Austria

Address

5453 Great America Parkway, Santa Clara, CA, USA, 95054

Website

https://www.arista.com

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

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
John F Mccool	officer: Chief Platform Officer,	C/O ARISTA NETWORKS, 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
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
Kelly Bodnar Battles	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Daniel Scheinman	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Yvonne Wassenaar	director	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Ita M Brennan	officer: SVP & Chief Financial Officer	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
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