Veeco Instruments Inc (VECO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 770,770 | 672,442 | 577,824 | 437,628 | 408,374 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $770,770K)
= 0.00
The debt-to-capital ratio for Veeco Instruments Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing relative to its total capital during this period. A debt-to-capital ratio of 0.00 suggests that Veeco Instruments Inc has financed its operations predominantly through equity rather than debt financing. This may signify a lower risk of financial distress due to lower leverage, but it could also imply missed opportunities for leveraging debt to potentially improve returns for shareholders. Further analysis of the company's capital structure and financial strategy would provide clearer insights into its financing decisions and risk management strategies.
Peer comparison
Dec 31, 2024