Revvity Inc. (RVTY)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,392,500 | 13,564,700 | 14,129,900 | 15,000,600 | 7,960,320 |
| Total stockholders’ equity | US$ in thousands | 7,666,870 | 7,872,740 | 7,382,880 | 7,141,240 | 3,735,490 |
| Financial leverage ratio | 1.62 | 1.72 | 1.91 | 2.10 | 2.13 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,392,500K ÷ $7,666,870K
= 1.62
The financial leverage ratio for Revvity Inc. has experienced a gradual decline over the period from December 31, 2020, to December 31, 2024, indicating a reduction in the company's reliance on debt to finance its operations. The ratio decreased from 2.13 in 2020 to 1.62 in 2024, suggesting that the company's overall level of debt relative to its equity has been improving. This trend may indicate a more conservative financial strategy and potentially lower financial risk for the company. Overall, the declining trend in the financial leverage ratio is a positive signal for Revvity Inc.'s long-term financial stability and solvency.
Peer comparison
Dec 31, 2024