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Veeco Instruments's Total Assets for the quarter that ended in Jun. 2024 was $1,235.1 Mil.
During the past 12 months, Veeco Instruments's average Total Assets Growth Rate was -1.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.20% per year. During the past 10 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 13 years, Veeco Instruments's highest 3-Year average Total Assets Growth Rate was 53.40%. The lowest was -18.30%. And the median was 9.55%.
Total Assets is connected with ROA %. Veeco Instruments's annualized ROA % for the quarter that ended in Jun. 2024 was 4.84%. Total Assets is also linked to Revenue through Asset Turnover. Veeco Instruments's Asset Turnover for the quarter that ended in Jun. 2024 was 0.14.
The historical data trend for Veeco Instruments's Total Assets 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.
Veeco Instruments Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 818.09 | 898.06 | 898.98 | 1,128.18 | 1,229.04 |
Veeco Instruments Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Total Assets | Get a 7-Day Free Trial | 1,228.45 | 1,246.23 | 1,229.04 | 1,233.69 | 1,235.12 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Veeco Instruments's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (A: Dec. 2023 ) | + | Total Liabilities (A: Dec. 2023 ) |
= | 672.442 | + | 556.599 | |
= | 1,229.0 |
Veeco Instruments's Total Assets for the quarter that ended in Jun. 2024 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2024 ) | + | Total Liabilities (Q: Jun. 2024 ) |
= | 715.013 | + | 520.102 | |
= | 1,235.1 |
* 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.
Veeco Instruments (NAS:VECO) Total Assets Explanation
Total Assets is connected with ROA %.
Veeco Instruments's annualized ROA % for the quarter that ended in Jun. 2024 is
ROA % | = | Net Income (Q: Jun. 2024 ) | / | ( (Total Assets (Q: Mar. 2024 ) | + | Total Assets (Q: Jun. 2024 )) | / count ) |
= | 59.776 | / | ( (1233.693 | + | 1235.115) | / 2 ) | |
= | 59.776 | / | 1234.404 | ||||
= | 4.84 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Veeco Instruments's Asset Turnover for the quarter that ended in Jun. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2024 ) | / | ( (Total Assets (Q: Mar. 2024 ) | + | Total Assets (Q: Jun. 2024 )) | / count ) |
= | 175.879 | / | ( (1233.693 | + | 1235.115) | / 2 ) |
= | 175.879 | / | 1234.404 | |||
= | 0.14 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Veeco Instruments's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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