Revvity Inc. (RVTY)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jul 5, 2020 | Apr 5, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,163,400 | 1,229,780 | 1,248,120 | 998,081 | 913,163 | 1,136,720 | 1,331,900 | 2,267,180 | 454,358 | 400,741 | 345,861 | 654,756 | 603,320 | 472,374 | 572,810 | 988,234 | 387,054 | 258,293 | 218,536 | 195,146 |
| Short-term investments | US$ in thousands | 0 | 0 | 706,070 | 697,327 | 689,916 | 292,971 | 739,055 | 193,963 | 0 | — | — | — | 14,999 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 653,100 | 687,940 | 1,390,010 | 1,374,220 | 1,450,460 | 1,447,840 | 1,366,830 | 1,563,740 | 1,544,480 | 1,485,730 | 1,043,810 | 1,263,050 | 1,213,740 | 1,145,030 | 1,122,820 | 1,520,510 | 1,652,190 | 1,244,800 | 1,163,260 | 730,144 |
| Cash ratio | 1.78 | 1.79 | 1.41 | 1.23 | 1.11 | 0.99 | 1.52 | 1.57 | 0.29 | 0.27 | 0.33 | 0.52 | 0.51 | 0.41 | 0.51 | 0.65 | 0.23 | 0.21 | 0.19 | 0.27 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,163,400K
+ $0K)
÷ $653,100K
= 1.78
Revvity Inc.'s cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. The trend analysis of the cash ratio over the past few years shows fluctuations in the company's liquidity position.
From April 5, 2020, to December 31, 2021, Revvity Inc.'s cash ratio ranged from 0.19 to 0.65, indicating some variability in its ability to meet short-term obligations solely through cash on hand. The ratio experienced a significant increase to 1.57 by March 31, 2023, suggesting a substantial improvement in liquidity.
The company maintained a relatively high cash ratio above 1.0 from March 31, 2023, to December 31, 2024, indicating a strong ability to cover short-term debts with cash reserves. This could signify effective cash management or a buildup of excess cash in the company's balance sheet during this period.
The cash ratio dropping to 1.11 by December 31, 2023, and then fluctuating between 1.23 and 1.79 from March 31, 2024, to December 31, 2024, indicates that Revvity Inc. continued to maintain a healthy liquidity position overall.
Overall, the cash ratio analysis suggests that Revvity Inc. has strengthened its liquidity position over the years, indicating a more secure ability to meet its short-term obligations using available cash and cash equivalents.
Peer comparison
Dec 31, 2024