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Arista Networks (BSP:A1NE34) Interest Expense : R$0 Mil (TTM As of Mar. 2024)


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What is Arista Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arista Networks's interest expense for the three months ended in Mar. 2024 was R$ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Arista Networks's Operating Income for the three months ended in Mar. 2024 was R$ 3,287 Mil. Arista Networks's Interest Expense for the three months ended in Mar. 2024 was R$ 0 Mil. Arista Networks has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Arista Networks Interest Expense Historical Data

The historical data trend for Arista Networks's Interest Expense 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 Interest Expense Chart

Arista Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Arista Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Arista Networks Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

* 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.


Arista Networks  (BSP:A1NE34) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Arista Networks's Interest Expense for the three months ended in Mar. 2024 was R$0 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$3,287 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$0 Mil.

Arista Networks's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Arista Networks had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Arista Networks Inc has enough cash to cover all of its debt. Its financial situation is stable.


Arista Networks (BSP:A1NE34) Business Description

Traded in Other Exchanges
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.

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