RVTY Stock | | | 116.23 1.16 1.01% |
Revvity financial indicator trend analysis is much more than just breaking down Revvity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Revvity is a good investment. Please check the relationship between Revvity Interest Expense and its Depreciation And Amortization accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revvity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Revvity Stock please use our
How to Invest in Revvity guide.
Interest Expense vs Depreciation And Amortization
Interest Expense vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Revvity Interest Expense account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Revvity's Interest Expense and Depreciation And Amortization is 0.81. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Revvity, assuming nothing else is changed. The correlation between historical values of Revvity's Interest Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Revvity are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Expense i.e., Revvity's Interest Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Revvity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Revvity current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revvity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Revvity Stock please use our
How to Invest in Revvity guide.At this time, Revvity's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 20.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 72.8
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 102.1M | 104.0M | 98.8M | 57.8M | Depreciation And Amortization | 311.4M | 427M | 431.8M | 453.4M |
Revvity fundamental ratios Correlations
Click cells to compare fundamentals
Revvity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Revvity fundamental ratios Accounts
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Additional Tools for Revvity Stock Analysis
When running Revvity's price analysis, check to
measure Revvity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Revvity is operating at the current time. Most of Revvity's value examination focuses on studying past and present price action to
predict the probability of Revvity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revvity's price. Additionally, you may evaluate how the addition of Revvity to your portfolios can decrease your overall portfolio volatility.