Revvity Inc. (RVTY)

Solvency ratios

	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
Debt-to-assets ratio	0.25	0.25	0.24	0.24	0.23	0.23	0.27	0.27	0.28	0.28	0.32	0.33	0.33	0.34	0.27	0.25	0.20	0.22	0.24	0.31
Debt-to-capital ratio	0.29	0.29	0.29	0.29	0.29	0.29	0.33	0.33	0.35	0.36	0.38	0.40	0.41	0.42	0.36	0.36	0.30	0.32	0.35	0.42
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
Financial leverage ratio	1.62	1.61	1.71	1.71	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

Revvity Inc.'s solvency ratios have shown a consistent trend over the years. The debt-to-assets ratio, which measures the proportion of assets financed by debt, has decreased gradually from 0.31 on April 5, 2020, to 0.25 on March 31, 2021, before slightly increasing to 0.27 as of June 30, 2021. The ratio then fluctuated between 0.23 and 0.34 until December 31, 2024, indicating a moderate level of financial risk.

Similarly, the debt-to-capital ratio, indicating the extent of capital provided by debt, declined from 0.42 on April 5, 2020, to 0.29 by December 31, 2024, with minor fluctuations in between. This demonstrates a decreasing reliance on debt financing in the capital structure of the company over the period under review.

The debt-to-equity ratio, highlighting the leverage of equity in relation to debt, also followed a decreasing trend from 0.73 on April 5, 2020, to 0.41 by December 31, 2024. This suggests a reduction in the company's dependence on debt relative to equity for funding its operations and investments.

Lastly, the financial leverage ratio, which indicates the company's debt levels in relation to its total equity, decreased steadily from 2.31 on April 5, 2020, to 1.62 by December 31, 2024. This signifies a trend of decreasing financial risk and enhanced financial stability for Revvity Inc. over the period analyzed.

Coverage ratios

	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
Interest coverage	3.81	3.32	2.83	2.60	8.11	8.91	9.60	11.28	7.30	8.44	7.86	9.34	13.08	17.42	28.19	27.77	19.05	10.63	6.87	4.82

The interest coverage ratio of Revvity Inc. has displayed a fluctuating trend over the period from April 5, 2020, to December 31, 2024. The ratio started at 4.82 in April 5, 2020, indicating that the company generated operating income 4.82 times greater than its interest expenses.

Subsequently, the interest coverage ratio improved steadily, reaching its peak at 28.19 on June 30, 2021. This high ratio suggests a strong ability to meet interest obligations comfortably from operating profits during that period.

After June 30, 2021, the interest coverage ratio began to decline, indicating a potential decrease in the company's ability to cover interest payments from operating income. Notably, the ratio dropped to 2.60 on March 31, 2024, marking a significant decrease from its previous levels.

This decline in the interest coverage ratio could raise concerns about Revvity Inc.'s ability to service its debt obligations through operating earnings, indicating a potential strain on the company's financial health. Monitoring this ratio closely would be essential to assess the company's ability to meet its interest payments in the future and manage its overall debt level effectively.