Veeco Instruments Inc (VECO)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $770,770K
= 0.00
Veeco Instruments Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been relying solely on equity financing to fund its operations and expansion activities, without taking on any debt. A debt-to-equity ratio of 0.00 generally suggests that the company is not leveraging its operations with debt and may have a strong financial position with minimal financial risk associated with debt obligations. It appears that Veeco Instruments Inc has been prudent in managing its capital structure by avoiding excessive debt levels in the observed period.
Peer comparison
Dec 31, 2024