Revvity Inc. (RVTY)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 2,349,610 3,001,090 3,288,560 2,440,780 2,238,920
Total current liabilities US$ in thousands 653,100 1,450,460 1,544,480 1,213,740 1,652,190
Current ratio 3.60 2.07 2.13 2.01 1.36

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,349,610K ÷ $653,100K
= 3.60

The current ratio of Revvity Inc. has shown a generally positive trend over the past five years, increasing from 1.36 in December 31, 2020, to a high of 3.60 in December 31, 2024. This indicates that the company's ability to meet its short-term obligations with its current assets has been steadily improving.

A current ratio above 1 is considered healthy, as it suggests that the company has more current assets than current liabilities, providing a buffer for any short-term financial disruptions. Revvity Inc.'s current ratio has consistently exceeded this threshold in the observed period, and the recent significant increase to 3.60 in December 31, 2024, indicates a strong liquidity position.

This trend suggests that Revvity Inc. has been managing its current assets and liabilities effectively, maintaining a comfortable position in terms of short-term liquidity. Investors and analysts may view this positively, as a high current ratio can indicate financial stability and the ability to weather potential economic uncertainties without facing liquidity issues.