Veeco Instruments Inc (VECO)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,251,580 | 1,229,040 | 1,128,180 | 898,976 | 898,064 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,251,580K
= 0.00
Veeco Instruments Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past five years (from December 31, 2020, to December 31, 2024). This indicates that the company has been financing its operations primarily through equity rather than debt. A debt-to-assets ratio of 0.00 signifies that the company's total debt is zero relative to its total assets. This low ratio implies a low financial risk for the company and suggests that Veeco Instruments Inc has a strong financial position with minimal debt obligations compared to its asset base. Overall, a consistent debt-to-assets ratio of 0.00 reflects a conservative financial strategy and a healthy balance sheet structure for Veeco Instruments Inc.
Peer comparison
Dec 31, 2024