Revvity Inc. (RVTY)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	3,177,770	3,923,350	4,979,740	1,609,700	2,064,040
Total stockholders’ equity	US$ in thousands	7,872,740	7,382,880	7,141,240	3,735,490	2,813,820
Debt-to-equity ratio		0.40	0.53	0.70	0.43	0.73

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,177,770K ÷ $7,872,740K
= 0.40

Based on the historical data provided for Revvity Inc.'s debt-to-equity ratio, the trend shows fluctuations over the past five years. The debt-to-equity ratio has ranged from 0.50 to 0.74 during this period.

In 2023, the debt-to-equity ratio decreased to 0.50 from 0.60 in 2022, indicating a lower level of debt relative to equity compared to the previous year. This reduction suggests that the company may have paid off some debt or increased its equity position, resulting in a stronger financial position in terms of leverage.

In 2022, there was a higher debt-to-equity ratio of 0.60 compared to the previous year, indicating that the company relied more on debt financing relative to equity in that year. This could suggest increased financial risk due to higher debt levels.

In 2021, the debt-to-equity ratio was 0.70, indicating a higher level of debt compared to equity. This could signal potential financial stress or aggressive leveraging by the company during that period.

In 2020 and 2019, the debt-to-equity ratios were 0.53 and 0.74, respectively, showing fluctuations in the company's capital structure over those years.

Overall, the trend in Revvity Inc.'s debt-to-equity ratio suggests varying levels of leverage and financial risk over the past five years. It is essential for the company to carefully manage its debt and equity mix to maintain a healthy balance sheet and financial stability.