Revvity Inc. (RVTY)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 7,666,870 | 7,921,700 | 7,870,310 | 7,846,500 | 7,872,740 | 7,694,280 | 7,869,960 | 8,033,810 | 7,382,880 | 7,065,200 | 7,167,160 | 7,186,340 | 7,141,240 | 6,958,580 | 4,239,810 | 4,002,300 | 3,735,490 | 3,231,680 | 2,967,460 | 2,759,750 |
Debt-to-equity ratio | 0.41 | 0.40 | 0.40 | 0.40 | 0.40 | 0.41 | 0.49 | 0.48 | 0.53 | 0.55 | 0.63 | 0.68 | 0.70 | 0.73 | 0.55 | 0.55 | 0.43 | 0.46 | 0.55 | 0.73 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,150,480K ÷ $7,666,870K
= 0.41
Revvity Inc.'s debt-to-equity ratio has shown a decreasing trend over the past few years, indicating a positive sign in terms of financial leverage and risk management. Starting at 0.73 on April 5, 2020, the ratio decreased to 0.40 by December 31, 2024. This suggests that the company has been reducing its reliance on debt financing in relation to equity, which can be seen as a favorable trend for investors and creditors. The consistent decrease in the debt-to-equity ratio implies that Revvity Inc. has been successful in maintaining a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024