Revvity Inc. (RVTY)

Financial leverage 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
Total assets	US$ in thousands	13,564,700	13,421,500	14,218,500	14,638,200	14,129,900	13,823,800	14,189,700	14,848,500	15,000,600	14,899,800	8,739,460	8,762,720	7,960,320	6,865,560	6,636,820	6,384,400	6,538,560	6,489,080	6,399,070	6,086,500
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
Financial leverage ratio		1.72	1.74	1.81	1.82	1.91	1.96	1.98	2.07	2.10	2.14	2.06	2.19	2.13	2.12	2.24	2.31	2.32	2.40	2.36	2.31

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,564,700K ÷ $7,872,740K
= 1.72

The financial leverage ratio of Revvity Inc. has shown a gradual increase from 1.91 in Q4 2022 to 1.72 in Q4 2023. This indicates that the company has been relying more on debt to finance its operations over the period. However, it is important to note that the ratio has fluctuated within a relatively narrow range between 1.72 and 2.07, which suggests some level of stability in the company's capital structure. A rising leverage ratio may signify higher financial risk and potential difficulties in meeting debt obligations, while a declining ratio could imply a more conservative financing approach. Further analysis and comparison with industry benchmarks would provide more insights into the company's capital structure and financial risk management.