Revvity Inc. (RVTY)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,150,480 | 3,177,770 | 3,923,350 | 4,979,740 | 1,609,700 |
| Total assets | US$ in thousands | 12,392,500 | 13,564,700 | 14,129,900 | 15,000,600 | 7,960,320 |
| Debt-to-assets ratio | 0.25 | 0.23 | 0.28 | 0.33 | 0.20 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,150,480K ÷ $12,392,500K
= 0.25
The debt-to-assets ratio of Revvity Inc. has shown fluctuations over the five-year period from December 31, 2020, to December 31, 2024. The ratio stood at 0.20 in December 2020, indicating that 20% of the company's assets were financed by debt. Subsequently, the ratio increased to 0.33 by December 2021, signaling a higher dependence on debt to fund assets.
However, in the following years, the ratio displayed a downward trend, declining to 0.28 by December 2022, further dropping to 0.23 by December 2023, and slightly increasing to 0.25 by December 2024. These values suggest that the company effectively managed its debt levels relative to its total assets during this period.
In summary, the debt-to-assets ratio of Revvity Inc. has shown variability, with a peak in 2021 followed by a downward trend in subsequent years. This indicates fluctuations in the proportion of assets financed by debt, showcasing the company's varying levels of financial leverage over the analyzed period.
Peer comparison
Dec 31, 2024