Revvity Inc. (RVTY)

Current 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
Total current assets	US$ in thousands	2,349,610	2,448,410	3,158,690	3,059,340	3,001,090	2,913,240	3,523,340	3,795,610	3,288,560	3,116,480	2,107,770	2,454,510	2,440,780	2,250,800	2,259,990	2,674,570	2,238,920	1,675,820	1,531,410	1,341,830
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
Current ratio		3.60	3.56	2.27	2.23	2.07	2.01	2.58	2.43	2.13	2.10	2.02	1.94	2.01	1.97	2.01	1.76	1.36	1.35	1.32	1.84

December 31, 2024 calculation

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

Revvity Inc.'s current ratio has shown a fluctuating trend over the past few years. The ratio stood at 1.84 on April 5, 2020, indicating that the company had $1.84 in current assets for every $1 in current liabilities. Subsequently, the ratio decreased to 1.32 on July 5, 2020, but gradually improved to reach 2.58 on June 30, 2023.

The company's current ratio peaked at 3.60 on December 31, 2024, suggesting a significant improvement in its short-term liquidity position. A current ratio above 2 is generally considered favorable as it indicates that the company has more than enough current assets to cover its current liabilities.

Overall, Revvity Inc.'s current ratio has displayed an increasing trend, reflecting its ability to meet short-term obligations and potentially seize opportunities for growth. Nonetheless, it is important for the company to sustain this positive trend to ensure continued financial stability.