Veeco Instruments Inc (VECO)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,251,580 1,272,870 1,235,120 1,233,690 1,229,040 1,246,230 1,228,450 1,167,250 1,128,180 996,617 916,652 920,364 898,976 997,808 975,509 945,242 898,064 889,625 865,070 832,886
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity rather than debt. It suggests that Veeco Instruments Inc has a strong financial position with a low level of financial leverage and is less exposed to the risks associated with debt repayment. Investors and creditors generally view a lower debt-to-assets ratio positively as it indicates financial stability and ability to weather economic downturns.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Veeco Instruments Inc
VECO
0.00
Axcelis Technologies Inc
ACLS
0.00
Azenta Inc
AZTA
0.00
Lam Research Corp
LRCX
0.24