Revvity Inc. (RVTY)

Cash ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash and cash equivalents	US$ in thousands	1,163,400	913,163	454,358	603,320	387,054
Short-term investments	US$ in thousands	0	689,916	0	14,999	14,982
Total current liabilities	US$ in thousands	653,100	1,450,460	1,544,480	1,213,740	1,652,190
Cash ratio		1.78	1.11	0.29	0.51	0.24

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,163,400K + $0K) ÷ $653,100K
= 1.78

The cash ratio of Revvity Inc. has shown fluctuations over the years, ranging from 0.24 to 1.78. The ratio indicates the company's ability to cover its short-term liabilities with its available cash and cash equivalents.

In December 31, 2020, the cash ratio was 0.24, suggesting that Revvity Inc. had a lower level of liquid assets relative to its current liabilities.

By December 31, 2021, the cash ratio improved to 0.51, indicating an increase in the company's liquidity position.

However, in December 31, 2022, the cash ratio decreased to 0.29, reflecting a potential decline in the company's ability to meet its short-term obligations using its cash reserves.

The significant improvement in the cash ratio to 1.11 by December 31, 2023, indicates a healthier liquidity position for Revvity Inc. compared to the previous years.

Finally, in December 31, 2024, the cash ratio jumped significantly to 1.78, suggesting that the company has ample liquid assets to cover its short-term liabilities.

Overall, the trend in Revvity Inc.'s cash ratio shows both improvements and fluctuations in its liquidity position over the years, with the company ending the period with a strong ability to meet its short-term obligations using its available cash resources.