VEECO INSTRUMENTS - Dusseldorf Stock Exchang
VEECO INSTRUMENTS - Dusseldorf Stock Exchang operates in Diversified Metals & Mining.
VEECO INSTRUMENTS - Dusseldorf Stock Exchang (VEO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.024x
Based on the latest financial reports, VEECO INSTRUMENTS - Dusseldorf Stock Exchang (VEO) has a cash flow conversion efficiency ratio of 0.024x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€17.61 Million) by net assets (€746.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
VEECO INSTRUMENTS - Dusseldorf Stock Exchang - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how VEECO INSTRUMENTS - Dusseldorf Stock Exchang's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
VEECO INSTRUMENTS - Dusseldorf Stock Exchang Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VEECO INSTRUMENTS - Dusseldorf Stock Exchang ranked by their cash flow conversion efficiency.
Annual Cash Flow Conversion Efficiency for VEECO INSTRUMENTS - Dusseldorf Stock Exchang (2016–2023)
The table below shows the annual cash flow conversion efficiency of VEECO INSTRUMENTS - Dusseldorf Stock Exchang from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €672.44 Million | €61.67 Million | 0.092x | -51.15% |
| 2022-12-31 | €577.82 Million | €108.48 Million | 0.188x | +21.29% |
| 2021-12-31 | €437.63 Million | €67.74 Million | 0.155x | +46.94% |
| 2020-12-31 | €408.37 Million | €43.02 Million | 0.105x | +632.01% |
| 2019-12-31 | €374.51 Million | €-7.42 Million | -0.020x | +77.03% |
| 2018-12-31 | €437.77 Million | €-37.74 Million | -0.086x | -312.24% |
| 2017-12-31 | €840.71 Million | €34.15 Million | 0.041x | +201.28% |
| 2016-12-31 | €594.60 Million | €-23.84 Million | -0.040x | -- |