Arista Networks Inc
ANETCompany Overview
Arista Networks, Inc. engages in the business of developing, marketing, and selling cloud networking solutions. The firm is also involved in switching and routing platforms and related network applications. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.
Country
US
Market Cap
$74.19B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
1.23%
passed
Liabilities Compliance
0.00%
passed
Final Shariah Status
Passed
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Arista Networks Inc |
| Ticker | ANET |
| Main Business | Computer Hardware |
| Type | Securities |
| Industry | Computer Hardware |
| Country | US |
| Market Cap | $74.19 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Product | $3,716.1 | $0.0 | - |
| Service | $665.2 | $0.0 | - |
| Other income | $54.7 | $54.7 | debt investment sold and interest income |
| Total | $4,436.0 | $54.7 | 1.23% (passed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| Total Interest-Bearing Debt | $0.0 | 0.00% |
| Market Capitalization | $74,188,800,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |