Arista Networks Inc (LON: 0HHR)

Arista Networks Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Cash & Equivalents	3,175	1,939	671.71	620.81	893.22	1,111
Short-Term Investments	4,253	3,069	2,352	2,788	1,980	1,613
Cash & Short-Term Investments	7,428	5,008	3,024	3,408	2,873	2,724
Cash Growth	66.72%	65.62%	-11.28%	18.64%	5.45%	39.27%
Receivables	1,131	1,025	923.1	516.51	389.54	391.99
Inventory	1,884	2,076	1,452	696.43	498.45	257.54
Prepaid Expenses	-	282.01	152.17	18.53	15.32	13.12
Other Current Assets	434.99	-	-	172.89	60.82	84.62
Total Current Assets	10,878	8,390	5,551	4,813	3,837	3,472
Property, Plant & Equipment	93.03	157.47	148.4	143.82	109.52	127.04
Long-Term Investments	81.32	62.29	39.47	20.25	8.31	4.15
Goodwill	268.53	268.53	265.92	188.4	189.7	54.86
Other Intangible Assets	68.7	88.77	122.21	93.56	122.79	45.24
Long-Term Deferred Tax Assets	1,318	945.79	574.91	442.3	441.53	452.03
Other Long-Term Assets	138.98	33.72	73.75	33.44	30.07	30.35
Total Assets	12,847	9,947	6,775	5,734	4,739	4,185
Accounts Payable	289.16	435.06	232.57	202.64	134.24	92.11
Accrued Expenses	323.99	407.3	292.49	216.23	134.04	131.79
Current Portion of Leases	24.1	21.11	19.88	20.3	17.77	16.05
Current Income Taxes Payable	-	-	-	-	-	1.72
Current Unearned Revenue	1,660	974.4	682.63	632.28	430.76	336.07
Other Current Liabilities	137.53	71.74	65.96	38.39	51.43	19.34
Total Current Liabilities	2,434	1,910	1,294	1,110	768.24	597.07
Long-Term Leases	45.7	44.41	43.96	56.53	72.4	83.02
Long-Term Unearned Revenue	994.7	665.04	462.06	390.42	254.57	300.27
Long-Term Deferred Tax Liabilities	-	-	0.04	129.07	227.94	254.71
Other Long-Term Liabilities	126.06	108.69	89.99	69.98	95.48	55.53
Total Liabilities	3,601	2,728	1,890	1,756	1,419	1,291
Common Stock	0.03	0.03	0.03	0.03	0.03	0.01
Additional Paid-In Capital	2,371	2,108	1,781	1,530	1,292	1,106
Retained Earnings	6,865	5,114	3,139	2,457	2,028	1,788
Comprehensive Income & Other	9.59	-3.33	-33.91	-8.3	0.24	0.14
Total Common Equity	9,246	7,219	4,886	3,979	3,320	2,895
Shareholders' Equity	9,246	7,219	4,886	3,979	3,320	2,895
Total Liabilities & Equity	12,847	9,947	6,775	5,734	4,739	4,185
Total Debt	69.8	65.52	63.84	76.83	90.17	99.07
Net Cash (Debt)	7,359	4,942	2,960	3,331	2,783	2,625
Net Cash Growth	66.95%	66.98%	-11.15%	19.72%	6.00%	36.85%
Net Cash Per Share	5.75	3.90	2.34	2.61	2.19	2.03
Filing Date Shares Outstanding	1,260	1,251	1,226	1,231	1,221	1,224
Total Common Shares Outstanding	1,259	1,249	1,228	1,231	1,219	1,222
Working Capital	8,444	6,481	4,257	3,703	3,069	2,875
Book Value Per Share	7.34	5.78	3.98	3.23	2.72	2.37
Tangible Book Value	8,909	6,862	4,498	3,697	3,008	2,795
Tangible Book Value Per Share	7.07	5.49	3.66	3.00	2.47	2.29
Land	46.87	44.65	41.5	40.15	-	-
Machinery	223.51	206.19	178.13	138.63	114.52	105.15
Construction In Progress	-	4.24	2.12	2.38	1.44	0.27
Leasehold Improvements	34.78	34.58	30.1	30.5	31.45	31.24

Source: S&P Capital IQ. Standard template. Financial Sources.