Arista Income Tax Expense from 2010 to 2024
| ANET Stock | USD 171.72 0.14 0.08% |
Income Tax Expense | First Reported 2013-03-31 | Previous Quarter 80.8 M | Current Value 85.1 M | Quarterly Volatility 30.6 M |
Check Arista Networks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arista Networks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.2 M, Interest Expense of 66 M or Selling General Administrative of 67.1 M, as well as many indicators such as Price To Sales Ratio of 11.9, Dividend Yield of 0.0 or PTB Ratio of 9.59. Arista financial statements analysis is a perfect complement when working with Arista Networks Valuation or Volatility modules.
Arista | Income Tax Expense |
Latest Arista Networks' Income Tax Expense Growth Pattern
Below is the plot of the Income Tax Expense of Arista Networks over the last few years. It is Arista Networks' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arista Networks' overall financial position and show how it may be relating to other accounts over time.
| Income Tax Expense | 10 Years Trend |
|
Income Tax Expense |
| Timeline |
Arista Income Tax Expense Regression Statistics
| Arithmetic Mean | 85,113,217 | |
| Coefficient Of Variation | 143.30 | |
| Mean Deviation | 91,234,689 | |
| Median | 34,658,000 | |
| Standard Deviation | 121,968,946 | |
| Sample Variance | 14876.4T | |
| Range | 390.8M | |
| R-Value | 0.77 | |
| Mean Square Error | 6542.7T | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | 20,977,410 | |
| Total Sum of Squares | 208269.9T |
Arista Income Tax Expense History
About Arista Networks Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arista Networks income statement, its balance sheet, and the statement of cash flows. Arista Networks investors use historical funamental indicators, such as Arista Networks's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Arista Networks investors may use each financial statement separately, they are all related. The changes in Arista Networks's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arista Networks's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arista Networks Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arista Networks. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Tax Expense | 334.7 M | 351.4 M |
Pair Trading with Arista Networks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arista Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arista Networks will appreciate offsetting losses from the drop in the long position's value.Moving together with Arista Stock
| 0.67 | KE | Kimball Electronics Fiscal Year End 21st of August 2024 | PairCorr |
Moving against Arista Stock
| 0.71 | VIAV | Viavi Solutions Fiscal Year End 8th of August 2024 | PairCorr |
| 0.57 | VRME | VerifyMe | PairCorr |
| 0.55 | EBON | Ebang International | PairCorr |
| 0.49 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.47 | VSAT | ViaSat Inc | PairCorr |
The ability to find closely correlated positions to Arista Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arista Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arista Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arista Networks to buy it.
The correlation of Arista Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arista Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arista Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arista Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.