Revvity Inc. (RVTY)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	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	2,064,040	1,750,920	2,104,470	1,848,940
Total assets	US$ in thousands	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	6,538,560	6,489,080	6,399,070	6,086,500
Debt-to-assets ratio		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	0.32	0.27	0.33	0.30

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,177,770K ÷ $13,564,700K
= 0.23

The debt-to-assets ratio for Revvity Inc. has exhibited relatively stable performance over the past eight quarters, ranging from 0.29 to 0.33. This ratio indicates the proportion of the company's total liabilities relative to its total assets.

The consistent range of 0.29 to 0.33 suggests that Revvity Inc. has maintained good control over its debt levels compared to its asset base during this period. A lower debt-to-assets ratio generally indicates a lower financial risk, as it implies that a smaller portion of the company's assets is financed through debt.

Revvity Inc. has managed to keep its debt levels relatively in check in relation to its asset base, which is a positive sign for investors and creditors. However, it is essential to monitor this ratio over time to ensure that the company's debt remains at manageable levels and does not pose a threat to its financial stability.