Revvity Inc. (RVTY)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	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	2,813,820	2,706,800	2,706,870	2,638,470
Debt-to-equity ratio		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	0.73	0.65	0.78	0.70

December 31, 2023 calculation

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

The debt-to-equity ratio of Revvity Inc. has shown some fluctuations over the past two years. It stood at 0.68 in Q1 2022 and gradually decreased to 0.50 by Q4 2023. This indicates a positive trend as the company has been reducing its reliance on debt in relation to equity over this period. The ratio peaked at 0.62 in Q3 2022 but has since been on a declining trend.

Overall, the decreasing trend in the debt-to-equity ratio suggests that Revvity Inc. may be improving its financial health and becoming less leveraged. However, the ratio fluctuated slightly between 0.50 and 0.55 in the most recent quarters of 2023, indicating a relatively stable debt-to-equity position during that period. Further analysis of the company's financial performance and capital structure would be needed to fully assess the implications of these ratio changes.