Veeco Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Veeco Instruments has a total shareholder equity of $715.0M and total debt of $275.6M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are $1.2B and $520.1M respectively. Veeco Instruments's EBIT is $85.2M making its interest coverage ratio -65.5. It has cash and short-term investments of $304.9M.
Key information
38.5%
Debt to equity ratio
US$275.55m
Debt
| Interest coverage ratio | -65.5x |
| Cash | US$304.86m |
| Equity | US$715.01m |
| Total liabilities | US$520.10m |
| Total assets | US$1.24b |
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 Now An Opportune Moment To Examine Veeco Instruments Inc. (NASDAQ:VECO)?
Aug 22Veeco Instruments: Headwinds Persist
Aug 22Revenues Working Against Veeco Instruments Inc.'s (NASDAQ:VECO) Share Price Following 26% Dive
Aug 03Veeco Instruments: A Key Supplier Of The AI Arms Race
Jul 17Returns At Veeco Instruments (NASDAQ:VECO) Are On The Way Up
Jun 15Growing Leading-Edge Opportunities Driving Gains At Veeco
Jun 06Improved Revenues Required Before Veeco Instruments Inc. (NASDAQ:VECO) Shares Find Their Feet
May 25Veeco Instruments Inc.'s (NASDAQ:VECO) CEO Looks Like They Deserve Their Pay Packet
May 03Is 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 16Financial Position Analysis
Short Term Liabilities: VECO's short term assets ($718.2M) exceed its short term liabilities ($204.0M).
Long Term Liabilities: VECO's short term assets ($718.2M) exceed its long term liabilities ($316.1M).
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 71.4% to 38.5% over the past 5 years.
Debt Coverage: VECO's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: VECO earns more interest than it pays, so coverage of interest payments is not a concern.