Revvity Other Operating Expenses vs Net Income Analysis

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 Other Operating Expenses and its Net Income 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Revvity Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Revvity's Other Operating Expenses and Net Income is 0.77. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Revvity, assuming nothing else is changed. The correlation between historical values of Revvity's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Revvity are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Revvity's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Revvity. It is also known as Revvity overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Revvity financial statement analysis. It represents the amount of money remaining after all of Revvity operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Expense102.1M104.0M98.8M57.8M
Depreciation And Amortization311.4M427M431.8M453.4M

Revvity fundamental ratios Correlations

0.990.660.870.990.960.970.970.871.00.650.760.420.840.960.690.640.940.980.960.730.980.630.70.990.36
0.990.710.840.960.960.990.940.821.00.630.70.410.790.980.710.660.930.990.920.671.00.650.660.990.34
0.660.710.550.550.660.770.50.290.690.210.080.510.350.80.80.650.570.780.530.060.720.830.570.650.51
0.870.840.550.860.910.810.90.780.850.690.680.680.720.780.70.540.720.860.940.810.810.730.640.830.58
0.990.960.550.860.930.930.980.920.980.630.840.330.890.910.590.610.950.930.970.80.960.520.680.990.28
0.960.960.660.910.930.950.940.810.950.710.70.60.730.930.760.560.840.960.930.720.940.730.640.940.5
0.970.990.770.810.930.950.90.750.980.580.620.430.750.990.730.70.910.990.890.610.990.690.650.970.34
0.970.940.50.90.980.940.90.920.950.740.850.440.850.880.610.530.870.920.980.830.910.570.710.950.33
0.870.820.290.780.920.810.750.920.860.730.970.240.80.740.440.310.840.780.880.830.810.340.590.880.29
1.01.00.690.850.980.950.980.950.860.640.750.40.810.980.70.630.940.980.940.690.990.630.71.00.35
0.650.630.210.690.630.710.580.740.730.640.680.540.330.590.550.050.440.640.650.650.580.470.370.620.49
0.760.70.080.680.840.70.620.850.970.750.680.110.770.60.250.160.760.640.790.860.70.140.480.780.13
0.420.410.510.680.330.60.430.440.240.40.540.110.110.450.820.20.130.520.470.260.370.890.450.340.81
0.840.790.350.720.890.730.750.850.80.810.330.770.110.70.330.650.880.730.880.770.780.290.680.83-0.01
0.960.980.80.780.910.930.990.880.740.980.590.60.450.70.780.650.880.990.860.540.980.720.690.960.39
0.690.710.80.70.590.760.730.610.440.70.550.250.820.330.780.440.490.790.610.250.690.940.630.650.72
0.640.660.650.540.610.560.70.530.310.630.050.160.20.650.650.440.690.650.650.360.660.480.410.620.03
0.940.930.570.720.950.840.910.870.840.940.440.760.130.880.880.490.690.880.880.690.950.390.550.960.14
0.980.990.780.860.930.960.990.920.780.980.640.640.520.730.990.790.650.880.910.620.980.750.70.970.45
0.960.920.530.940.970.930.890.980.880.940.650.790.470.880.860.610.650.880.910.840.90.590.680.940.37
0.730.670.060.810.80.720.610.830.830.690.650.860.260.770.540.250.360.690.620.840.660.220.360.710.16
0.981.00.720.810.960.940.990.910.810.990.580.70.370.780.980.690.660.950.980.90.660.620.630.990.32
0.630.650.830.730.520.730.690.570.340.630.470.140.890.290.720.940.480.390.750.590.220.620.650.570.75
0.70.660.570.640.680.640.650.710.590.70.370.480.450.680.690.630.410.550.70.680.360.630.650.660.35
0.990.990.650.830.990.940.970.950.881.00.620.780.340.830.960.650.620.960.970.940.710.990.570.660.32
0.360.340.510.580.280.50.340.330.290.350.490.130.81-0.010.390.720.030.140.450.370.160.320.750.350.32
Click cells to compare fundamentals

Revvity Account Relationship Matchups

Revvity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B8.0B15.0B14.1B13.6B14.2B
Short Long Term Debt Total2.2B2.2B5.2B4.6B4.1B4.3B
Other Current Liab358.7M412.5M764.4M588.4M267.9M308.8M
Total Current Liabilities768.8M1.7B1.2B1.6B1.5B1.5B
Total Stockholder Equity2.8B3.7B7.1B7.4B7.9B8.3B
Property Plant And Equipment Net485.5M575.5M753.4M671.3M664.7M698.0M
Net Debt2.0B1.8B4.6B4.1B3.2B3.3B
Retained Earnings2.8B3.5B4.4B5.0B5.6B5.9B
Cash191.9M402.0M618.3M454.4M913.2M958.8M
Non Current Assets Total5.2B5.7B12.6B10.8B10.6B11.1B
Non Currrent Assets Other207.4M242.9M212.2M135.6M252.0M264.6M
Cash And Short Term Investments191.9M402.0M618.3M454.4M1.6B1.7B
Net Receivables725.2M1.2B707.9M612.8M632.8M410.0M
Common Stock Shares Outstanding111.5M112.1M116.7M126.4M124.8M124.6M
Liabilities And Stockholders Equity6.5B8.0B15.0B14.1B13.6B14.2B
Non Current Liabilities Total3.0B2.6B6.7B5.2B4.2B4.5B
Inventory356.9M514.6M624.7M405.5M428.1M240.8M
Other Current Assets100.5M167.2M703.6M1.8B337.1M172.7M
Other Stockholder Equity90.4M148.1M2.8B2.8B2.4B2.5B
Total Liab3.7B4.3B7.9B6.7B5.7B6.0B
Total Current Assets1.4B2.3B2.4B3.3B3.0B3.2B
Short Term Debt10.0M421.3M33.6M502.1M754.8M792.5M
Intangible Assets1.3B1.4B4.1B3.4B3.0B3.2B
Accounts Payable235.9M327.3M324.8M272.8M204.1M168.7M
Accumulated Other Comprehensive Income(199.6M)(32.0M)(162.7M)(447.5M)(276.7M)(262.9M)
Common Stock111.1M112.1M126.2M126.3M123.4M125.3M
Good Will3.1B3.4B7.4B6.5B6.5B6.9B
Current Deferred Revenue164.3M393.6M303.5M135.5M135.6M195.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.