Revvity Inc. (RVTY)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 7,666,870 | 7,872,740 | 7,382,880 | 7,141,240 | 3,735,490 |
| Debt-to-capital ratio | 0.29 | 0.29 | 0.35 | 0.41 | 0.30 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,150,480K ÷ ($3,150,480K + $7,666,870K)
= 0.29
The debt-to-capital ratio of Revvity Inc. has shown some fluctuations over the past five years. As of December 31, 2020, the ratio was 0.30, indicating that 30% of the company's capital structure was funded through debt. This ratio increased to 0.41 by the end of 2021, signifying a higher reliance on debt financing. However, in the subsequent years, the ratio decreased to 0.35 in 2022, and further dropped to 0.29 in both 2023 and 2024.
The decreasing trend from 2021 to 2024 suggests that Revvity Inc. has been effectively managing its debt levels relative to its capital base. A lower debt-to-capital ratio indicates a lesser degree of financial leverage and potentially lower financial risk. Overall, the company appears to have a balanced approach to capital structure management, with a decreasing trend in the debt-to-capital ratio over the past few years.
Peer comparison
Dec 31, 2024