Revvity Inc. (RVTY)

Debt-to-assets 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
Long-term debt	US$ in thousands	3,150,480	3,185,700	3,162,600	3,164,990	3,177,770	3,152,450	3,883,740	3,880,980	3,923,350	3,898,270	4,484,310	4,863,980	4,979,740	5,099,080	2,348,520	2,219,670	1,609,700	1,492,630	1,625,000	2,010,520
Total assets	US$ in thousands	12,392,500	12,769,700	13,424,800	13,432,700	13,564,700	13,421,500	14,218,500	14,638,200	14,129,900	13,823,800	14,189,700	14,848,500	15,000,600	14,899,800	8,739,460	8,762,720	7,960,320	6,865,560	6,636,820	6,384,400
Debt-to-assets ratio		0.25	0.25	0.24	0.24	0.23	0.23	0.27	0.27	0.28	0.28	0.32	0.33	0.33	0.34	0.27	0.25	0.20	0.22	0.24	0.31

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 a decreasing trend from 0.31 as of April 5, 2020, to 0.25 as of June 30, 2024, with some fluctuations in between. This ratio indicates that for every dollar of assets, the company had $0.31 of debt in April 2020, which decreased to $0.25 as of June 2024.

A decreasing trend in the debt-to-assets ratio is generally considered positive, as it suggests that the company is becoming less dependent on debt financing relative to its total assets over time. However, it is essential to monitor this ratio to ensure that the company has a healthy balance between debt and assets to support its operations and growth effectively.