Veeco Instruments Inc
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography,… Read more
Veeco Instruments Inc (VECO) - Total Assets
Latest total assets as of September 2025: $1.29 Billion USD
Based on the latest financial reports, Veeco Instruments Inc (VECO) holds total assets worth $1.29 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Veeco Instruments Inc - Total Assets Trend (1993–2024)
This chart illustrates how Veeco Instruments Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Veeco Instruments Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Veeco Instruments Inc's total assets of $1.29 Billion consist of 61.1% current assets and 38.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| Accounts Receivable | $133.94 Million | 10.7% |
| Inventory | $246.74 Million | 19.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.83 Million | 0.7% |
| Goodwill | $214.96 Million | 17.2% |
Asset Composition Trend (1993–2024)
This chart illustrates how Veeco Instruments Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Veeco Instruments Inc's current assets represent 61.1% of total assets in 2024, an increase from 57.4% in 1993.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, up from 1.2% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 14.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 19.7% of total assets.
Veeco Instruments Inc Competitors by Total Assets
Key competitors of Veeco Instruments Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥123.12 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
Veeco Instruments Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Veeco Instruments Inc generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Veeco Instruments Inc generates $5.89 in net profit.
Veeco Instruments Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.36 | 3.54 | 4.00 |
| Quick Ratio | 3.53 | 2.41 | 3.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $659.15 Million | $ 545.81 Million | $ 440.25 Million |
Veeco Instruments Inc - Advanced Valuation Insights
This section examines the relationship between Veeco Instruments Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.31 |
| Latest Market Cap to Assets Ratio | 1.44 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $1.25 Billion |
| Market Capitalization | $1.81 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Veeco Instruments Inc's assets above their book value (1.44 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Veeco Instruments Inc's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Veeco Instruments Inc (1993–2024)
The table below shows the annual total assets of Veeco Instruments Inc from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.25 Billion | +1.83% |
| 2023-12-31 | $1.23 Billion | +8.94% |
| 2022-12-31 | $1.13 Billion | +25.50% |
| 2021-12-31 | $898.98 Million | +0.10% |
| 2020-12-31 | $898.06 Million | +9.78% |
| 2019-12-31 | $818.09 Million | -9.18% |
| 2018-12-31 | $900.82 Million | -35.07% |
| 2017-12-31 | $1.39 Billion | +82.89% |
| 2016-12-31 | $758.53 Million | -14.85% |
| 2015-12-31 | $890.79 Million | -4.16% |
| 2014-12-31 | $929.46 Million | -1.95% |
| 2013-12-31 | $947.97 Million | +1.14% |
| 2012-12-31 | $937.30 Million | +0.13% |
| 2011-12-31 | $936.06 Million | -18.46% |
| 2010-12-31 | $1.15 Billion | +89.64% |
| 2009-12-31 | $605.37 Million | +40.93% |
| 2008-12-31 | $429.54 Million | -18.85% |
| 2007-12-31 | $529.33 Million | -10.22% |
| 2006-12-31 | $589.60 Million | +3.83% |
| 2005-12-31 | $567.86 Million | -1.57% |
| 2004-12-31 | $576.91 Million | -3.28% |
| 2003-12-31 | $596.46 Million | -1.71% |
| 2002-12-31 | $606.82 Million | -19.68% |
| 2001-12-31 | $755.52 Million | +78.49% |
| 2000-12-31 | $423.28 Million | +59.55% |
| 1999-12-31 | $265.30 Million | +53.53% |
| 1998-12-31 | $172.80 Million | +35.32% |
| 1997-12-31 | $127.70 Million | +59.03% |
| 1996-12-31 | $80.30 Million | +19.14% |
| 1995-12-31 | $67.40 Million | +64.79% |
| 1994-12-31 | $40.90 Million | +25.46% |
| 1993-12-31 | $32.60 Million | -- |