Veeco Instruments (Veeco Instruments) Debt-to-Equity

: 0.46 (As of Dec. 2023)

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Veeco Instruments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.0 Mil. Veeco Instruments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $306.5 Mil. Veeco Instruments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $672.4 Mil. Veeco Instruments's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Veeco Instruments's Debt-to-Equity or its related term are showing as below:

VECO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.5 Max: 0.84
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Veeco Instruments was 0.84. The lowest was 0.00. And the median was 0.50.

VECO's Debt-to-Equity is ranked worse than
67.62% of 877 companies
in the Semiconductors industry
Industry Median: 0.26 vs VECO: 0.46

Veeco Instruments Debt-to-Equity Historical Data

The historical data trend for Veeco Instruments's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veeco Instruments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.84

0.81

0.61

0.54

0.46

Veeco Instruments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.54	0.50	0.51	0.48	0.46

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veeco Instruments Debt-to-Equity Distribution

For the Semiconductors industry and Technology sector, Veeco Instruments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Veeco Instruments's Debt-to-Equity falls into.

Veeco Instruments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veeco Instruments's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.025	+	306.47)	/	672.442
	=	0.46

Veeco Instruments's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.025	+	306.47)	/	672.442
	=	0.46

Veeco Instruments (NAS:VECO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Veeco Instruments Debt-to-Equity Related Terms

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Veeco Instruments (Veeco Instruments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Veeco Instruments Inc (NAS:VECO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VEO:Germany VEO:Germany

Address

Terminal Drive, Plainview, NY, USA, 11803

Website

https://www.veeco.com

Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.

Executives

William John Miller	director, officer: CEO	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John P Kiernan	officer: VP Finance & Corp. Controller	C/O VEECO INSTRUMENTS INC, TERMINAL DRIVE, PLAINVIEW NY 11803
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Mary Jane Raymond	director	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Susan Wilkerson	officer: SVP, Global Sales & Service	C/O VEECO INSTRUMENTS INC., PLAINVIEW NY 11803
Adrian Devasahayam	officer: SVP - Product Line Development	C/O VEECO INSTRUMENTS, 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Lena Nicolaides	director	1250 RELIANCE WAY, FREMONT CA 94539
Peter J Simone	director	17075 THORNMINT COURT, SANDIGO CA 92127
Sujeet Chand	director	ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Peter Porshnev	officer: SVP, Unified Engineering	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Shubham Maheshwari	officer: EVP, CFO & COO	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John R Peeler	officer: CEO	DYNATECH CORP, 3 NEW ENGLAND EXECUTIVE PARK, BURLINGTON MA 01803
Kathleen A Bayless	director	1251 MCKAY DRIVE, SAN JOSE CA 95131
Roger D Mcdaniel	director	C/O ENTEGRIS INC, 3500 LYMAN BOULEVARD, CHASKA MN 55318
Susan Wang	director	40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538