Veeco Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Veeco Instruments has a total shareholder equity of $672.4M and total debt of $274.9M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are $1.2B and $556.6M respectively. Veeco Instruments's EBIT is $69.9M making its interest coverage ratio 58.9. It has cash and short-term investments of $305.4M.
Key information
40.9%
Debt to equity ratio
US$274.94m
Debt
| Interest coverage ratio | 58.9x |
| Cash | US$305.45m |
| Equity | US$672.44m |
| Total liabilities | US$556.60m |
| Total assets | US$1.23b |
Recent financial health updates
Is Veeco Instruments (NASDAQ:VECO) Using Too Much Debt?
Apr 08
Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Jan 04Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Oct 01Veeco Instruments (NASDAQ:VECO) Has A Pretty Healthy Balance Sheet
May 23Is Veeco Instruments (NASDAQ:VECO) Using Too Much Debt?
Feb 03Veeco Instruments (NASDAQ:VECO) Has A Pretty Healthy Balance Sheet
Sep 01Recent updates
Is Veeco Instruments (NASDAQ:VECO) Using Too Much Debt?
Apr 08Veeco Instruments: U.S. Government Could Be The Wildcard Impacting China Tailwind
Mar 04Veeco Instruments (NASDAQ:VECO) Might Have The Makings Of A Multi-Bagger
Feb 11What Does Veeco Instruments Inc.'s (NASDAQ:VECO) Share Price Indicate?
Jan 17Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Jan 04Subdued Growth No Barrier To Veeco Instruments Inc.'s (NASDAQ:VECO) Price
Dec 20Here's Why We Think Veeco Instruments (NASDAQ:VECO) Is Well Worth Watching
Dec 05Veeco Instruments' (NASDAQ:VECO) Returns On Capital Are Heading Higher
Oct 19Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Oct 01Why Veeco Instruments Inc. (NASDAQ:VECO) Could Be Worth Watching
Sep 16Here's Why We Think Veeco Instruments (NASDAQ:VECO) Is Well Worth Watching
Sep 01A Look At The Intrinsic Value Of Veeco Instruments Inc. (NASDAQ:VECO)
Jul 17Veeco Instruments (NASDAQ:VECO) Is Doing The Right Things To Multiply Its Share Price
Jul 02Is There Now An Opportunity In Veeco Instruments Inc. (NASDAQ:VECO)?
Jun 08Veeco Instruments (NASDAQ:VECO) Has A Pretty Healthy Balance Sheet
May 23Veeco Instruments (NASDAQ:VECO) Is Looking To Continue Growing Its Returns On Capital
Mar 08Is Veeco Instruments Inc. (NASDAQ:VECO) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 17Is Veeco Instruments (NASDAQ:VECO) Using Too Much Debt?
Feb 03Is Veeco Instruments Inc. (NASDAQ:VECO) Potentially Undervalued?
Jan 10Veeco Instruments (NASDAQ:VECO) Is Experiencing Growth In Returns On Capital
Oct 07Is Now An Opportune Moment To Examine Veeco Instruments Inc. (NASDAQ:VECO)?
Sep 17Veeco Instruments (NASDAQ:VECO) Has A Pretty Healthy Balance Sheet
Sep 01Amidst Industry Turbulence, Veeco Instruments Still Seeing Solid Demand
Aug 16Veeco Instruments Inc.'s (NASDAQ:VECO) P/E Is Still On The Mark Following 29% Share Price Bounce
Aug 13Veeco Instruments (NASDAQ:VECO) Is Looking To Continue Growing Its Returns On Capital
Jul 07Is It Too Late To Consider Buying Veeco Instruments Inc. (NASDAQ:VECO)?
Jun 16Veeco Instruments (NASDAQ:VECO) Could Easily Take On More Debt
May 05Veeco Coming Through With Orders And Strengthening Its Enabling Tools Argument
Feb 22Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Jan 14Why Veeco Instruments Inc. (NASDAQ:VECO) Could Be Worth Watching
Dec 24Veeco: A Resurgence Of Growth
Dec 22Are Investors Undervaluing Veeco Instruments Inc. (NASDAQ:VECO) By 23%?
Dec 02Does Veeco Instruments (NASDAQ:VECO) Have A Healthy Balance Sheet?
Sep 16Veeco Instruments Leveraging Increased Demand Well, But The Market Doesn't Care
Aug 20We Think Veeco Instruments' (NASDAQ:VECO) Profit Is Only A Baseline For What They Can Achieve
Aug 10Financial Position Analysis
Short Term Liabilities: VECO's short term assets ($706.3M) exceed its short term liabilities ($218.0M).
Long Term Liabilities: VECO's short term assets ($706.3M) exceed its long term liabilities ($338.6M).
Debt to Equity History and Analysis
Debt Level: VECO has more cash than its total debt.
Reducing Debt: VECO's debt to equity ratio has reduced from 65.6% to 40.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VECO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VECO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48% per year.