Arista Operating Income vs Research Development Analysis

ANET Stock

USD 379.32 17.61 4.87%

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 Operating Income and its Research Development 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.

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arista Networks Operating Income account and Research Development. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Arista Networks' Operating Income and Research Development is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development 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' Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Arista Networks are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., Arista Networks' Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Arista Networks operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Arista Networks is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Research Development

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' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 39.52 in 2024, whereas Enterprise Value is likely to drop slightly above 13.1 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.1M	54.7M	62.9M	66.0M
Depreciation And Amortization	65.8M	62.7M	70.6M	74.2M

Interest Expense Depreciation And Amortization

Arista Networks fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.4	-0.18	0.3	0.41	0.4	0.53	0.43	-0.43	0.37	0.33	0.4	0.39	0.25	0.44	0.39	0.32	0.4	0.31	0.32	0.46	0.41	0.32	0.41	0.41	0.32
Total Assets	0.4		-0.46	0.9	0.99	1.0	0.7	0.99	-0.9	1.0	0.98	0.9	0.99	0.9	0.99	0.98	0.93	0.81	0.96	0.95	0.98	1.0	0.89	1.0	0.41	0.93
Short Long Term Debt Total	-0.18	-0.46		-0.49	-0.42	-0.46	-0.55	-0.42	0.35	-0.43	-0.42	-0.33	-0.5	-0.54	-0.47	-0.45	-0.48	-0.44	-0.37	-0.36	-0.53	-0.43	-0.33	-0.45	0.15	-0.48
Other Current Liab	0.3	0.9	-0.49		0.92	0.91	0.52	0.88	-0.77	0.92	0.93	0.78	0.9	0.94	0.83	0.95	0.88	0.58	0.96	0.96	0.85	0.88	0.85	0.9	0.03	0.88
Total Current Liabilities	0.41	0.99	-0.42	0.92		0.99	0.67	0.99	-0.88	0.99	0.99	0.89	0.97	0.9	0.97	0.98	0.95	0.75	0.97	0.97	0.96	0.99	0.89	0.99	0.39	0.95
Total Stockholder Equity	0.4	1.0	-0.46	0.91	0.99		0.7	0.99	-0.9	1.0	0.98	0.91	0.99	0.9	0.99	0.98	0.93	0.8	0.96	0.95	0.98	1.0	0.9	1.0	0.39	0.93
Property Plant And Equipment Net	0.53	0.7	-0.55	0.52	0.67	0.7		0.7	-0.57	0.65	0.57	0.54	0.74	0.57	0.73	0.7	0.68	0.79	0.54	0.56	0.8	0.72	0.44	0.7	0.58	0.68
Current Deferred Revenue	0.43	0.99	-0.42	0.88	0.99	0.99	0.7		-0.89	0.98	0.97	0.89	0.96	0.87	0.97	0.97	0.93	0.77	0.95	0.95	0.98	0.99	0.86	0.99	0.43	0.93
Net Debt	-0.43	-0.9	0.35	-0.77	-0.88	-0.9	-0.57	-0.89		-0.89	-0.88	-1.0	-0.85	-0.79	-0.91	-0.85	-0.74	-0.71	-0.84	-0.83	-0.89	-0.89	-0.93	-0.9	-0.38	-0.74
Retained Earnings	0.37	1.0	-0.43	0.92	0.99	1.0	0.65	0.98	-0.89		0.99	0.9	0.98	0.91	0.98	0.98	0.93	0.78	0.97	0.96	0.95	0.99	0.91	1.0	0.37	0.93
Accounts Payable	0.33	0.98	-0.42	0.93	0.99	0.98	0.57	0.97	-0.88	0.99		0.89	0.96	0.92	0.94	0.96	0.94	0.69	0.99	0.97	0.92	0.97	0.93	0.98	0.31	0.94
Cash	0.4	0.9	-0.33	0.78	0.89	0.91	0.54	0.89	-1.0	0.9	0.89		0.86	0.8	0.91	0.85	0.74	0.68	0.86	0.84	0.88	0.9	0.95	0.91	0.37	0.74
Non Current Assets Total	0.39	0.99	-0.5	0.9	0.97	0.99	0.74	0.96	-0.85	0.98	0.96	0.86		0.9	0.97	0.97	0.92	0.83	0.94	0.92	0.96	0.99	0.86	0.98	0.39	0.92
Non Currrent Assets Other	0.25	0.9	-0.54	0.94	0.9	0.9	0.57	0.87	-0.79	0.91	0.92	0.8	0.9		0.84	0.92	0.89	0.6	0.94	0.92	0.87	0.88	0.86	0.9	0.09	0.89
Cash And Short Term Investments	0.44	0.99	-0.47	0.83	0.97	0.99	0.73	0.97	-0.91	0.98	0.94	0.91	0.97	0.84		0.94	0.89	0.85	0.91	0.89	0.98	0.99	0.87	0.99	0.49	0.89
Net Receivables	0.39	0.98	-0.45	0.95	0.98	0.98	0.7	0.97	-0.85	0.98	0.96	0.85	0.97	0.92	0.94		0.94	0.75	0.97	0.98	0.96	0.97	0.86	0.98	0.29	0.94
Common Stock Total Equity	0.32	0.93	-0.48	0.88	0.95	0.93	0.68	0.93	-0.74	0.93	0.94	0.74	0.92	0.89	0.89	0.94		0.69	0.93	0.94	0.91	0.93	0.77	0.93	0.34	1.0
Non Current Liabilities Total	0.4	0.81	-0.44	0.58	0.75	0.8	0.79	0.77	-0.71	0.78	0.69	0.68	0.83	0.6	0.85	0.75	0.69		0.65	0.63	0.83	0.82	0.59	0.8	0.57	0.69
Inventory	0.31	0.96	-0.37	0.96	0.97	0.96	0.54	0.95	-0.84	0.97	0.99	0.86	0.94	0.94	0.91	0.97	0.93	0.65		0.99	0.9	0.95	0.91	0.96	0.23	0.93
Other Current Assets	0.32	0.95	-0.36	0.96	0.97	0.95	0.56	0.95	-0.83	0.96	0.97	0.84	0.92	0.92	0.89	0.98	0.94	0.63	0.99		0.9	0.94	0.87	0.95	0.22	0.94
Other Stockholder Equity	0.46	0.98	-0.53	0.85	0.96	0.98	0.8	0.98	-0.89	0.95	0.92	0.88	0.96	0.87	0.98	0.96	0.91	0.83	0.9	0.9		0.98	0.82	0.98	0.44	0.91
Total Liab	0.41	1.0	-0.43	0.88	0.99	1.0	0.72	0.99	-0.89	0.99	0.97	0.9	0.99	0.88	0.99	0.97	0.93	0.82	0.95	0.94	0.98		0.88	1.0	0.45	0.93
Property Plant And Equipment Gross	0.32	0.89	-0.33	0.85	0.89	0.9	0.44	0.86	-0.93	0.91	0.93	0.95	0.86	0.86	0.87	0.86	0.77	0.59	0.91	0.87	0.82	0.88		0.9	0.27	0.77
Total Current Assets	0.41	1.0	-0.45	0.9	0.99	1.0	0.7	0.99	-0.9	1.0	0.98	0.91	0.98	0.9	0.99	0.98	0.93	0.8	0.96	0.95	0.98	1.0	0.9		0.41	0.93
Short Term Debt	0.41	0.41	0.15	0.03	0.39	0.39	0.58	0.43	-0.38	0.37	0.31	0.37	0.39	0.09	0.49	0.29	0.34	0.57	0.23	0.22	0.44	0.45	0.27	0.41		0.34
Common Stock	0.32	0.93	-0.48	0.88	0.95	0.93	0.68	0.93	-0.74	0.93	0.94	0.74	0.92	0.89	0.89	0.94	1.0	0.69	0.93	0.94	0.91	0.93	0.77	0.93	0.34

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Arista Networks Account Relationship Matchups

Arista Networks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	4.7B	5.7B	6.8B	9.9B	10.4B
Short Long Term Debt Total	83.0M	72.4M	56.5M	44.0M	65.5M	67.4M
Other Current Liab	52.1M	94.4M	87.0M	403.6M	463.6M	486.8M
Total Current Liabilities	597.1M	768.2M	1.1B	1.3B	1.9B	2.0B
Total Stockholder Equity	2.9B	3.3B	4.0B	4.9B	7.2B	7.6B
Property Plant And Equipment Net	127.0M	109.5M	143.8M	148.4M	101.6M	101.4M
Current Deferred Revenue	312.7M	396.3M	593.6M	637.4M	915.2M	961.0M
Net Debt	(1.0B)	(820.8M)	(564.3M)	(627.7M)	(1.9B)	(1.8B)
Retained Earnings	1.8B	2.0B	2.5B	3.1B	5.1B	5.4B
Accounts Payable	92.1M	134.2M	202.6M	232.6M	435.1M	456.8M
Cash	1.1B	893.2M	620.8M	671.7M	1.9B	2.0B
Non Current Assets Total	713.7M	901.9M	921.8M	1.2B	1.6B	1.6B
Non Currrent Assets Other	30.3M	30.1M	33.4M	73.8M	88.7M	93.2M
Cash And Short Term Investments	2.7B	2.9B	3.4B	3.0B	5.0B	5.3B
Net Receivables	392.0M	389.5M	516.5M	923.1M	1.0B	1.1B
Liabilities And Stockholders Equity	4.2B	4.7B	5.7B	6.8B	9.9B	10.4B
Non Current Liabilities Total	693.5M	650.4M	646M	596.1M	818.1M	426.0M
Inventory	243.8M	479.7M	650.1M	1.3B	1.9B	2.0B
Other Current Assets	64.5M	60.6M	163.9M	314.2M	412.5M	433.1M
Other Stockholder Equity	1.1B	1.3B	1.5B	1.8B	2.1B	2.2B
Total Liab	1.3B	1.4B	1.8B	1.9B	2.7B	2.9B
Property Plant And Equipment Gross	127.0M	109.5M	78.6M	95.0M	289.7M	304.1M
Total Current Assets	3.5B	3.8B	4.8B	5.6B	8.4B	8.8B
Accumulated Other Comprehensive Income	143K	238K	(8.3M)	(33.9M)	(3.3M)	(3.5M)
Short Term Debt	140.2M	143.4M	226.6M	19.9M	95.8M	88.4M
Other Liab	610.5M	578.0M	589.5M	552.1M	634.9M	349.6M
Other Assets	482.4M	471.6M	475.7M	648.7M	746.0M	783.3M
Property Plant Equipment	127.0M	32.2M	143.8M	95.0M	109.3M	92.7M
Net Tangible Assets	2.8B	3.2B	3.7B	4.8B	5.5B	5.8B
Good Will	54.9M	189.7M	188.4M	265.9M	268.5M	282.0M
Retained Earnings Total Equity	1.8B	2.0B	2.5B	3.1B	3.6B	3.8B
Short Term Investments	1.6B	2.0B	2.8B	2.4B	3.1B	1.6B
Capital Surpluse	1.1B	1.3B	1.5B	1.8B	2.0B	1.1B
Long Term Investments	4.2M	8.3M	20.2M	39.5M	35.5M	22.0M

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