Arista (ANET) Has $13.3 Billion of Cash and No Debt at All. What Is That Worth?

Arista Networks, Inc. (NYSE:ANET) closed at $207.35 on October 2, up 38.70% over twelve months. The company holds billions in cash and carries no borrowings at all. A business of this size with no borrowings is rare enough to be worth examining on its own terms. READ ALSO: NVIDIA (NVDA) vs. Broadcom (AVGO): Which AI Chip Stock Has the Stronger Moat?Arista (ANET) Has $13.3 Billion of Cash and No Debt at All. What Is That Worth? Carol Gauthier/Shutterstock.com The Cash Changes What You Are Actually Paying: Market capitalization is what the shares cost. Enterprise value is what the business costs. Arista is worth $256.62 billion on the market and carries an enterprise value of $243.28 billion. The $13.