Veeco Instruments Inc. (VECO)

Veeco Instruments Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	163.23	158.78	154.93	119.75	129.63	129.29
Short-Term Investments	157.53	146.66	147.49	104.18	189.77	115.25
Cash & Short-Term Investments	320.76	305.45	302.41	223.93	319.4	244.55
Cash Growth	11.94%	1.00%	35.05%	-29.89%	30.61%	-6.11%
Receivables	163.14	127.39	140.73	127.9	101.24	71.02
Inventory	242.12	237.64	206.91	170.86	145.91	133.07
Prepaid Expenses	15.79	16.07	8.91	22.07	12.1	9.07
Restricted Cash	0.26	0.34	0.55	0.73	0.66	0.66
Other Current Assets	18.9	19.4	9.4	3.9	7.63	17.53
Total Current Assets	760.98	706.28	668.9	549.39	586.93	475.88
Property, Plant & Equipment	139.37	142.84	133.75	128.56	75.55	90.16
Long-Term Investments	-	-	-	2	-	-
Goodwill	214.96	214.96	181.94	181.94	181.94	181.94
Other Intangible Assets	38.54	43.95	23.89	33.91	46.19	61.52
Long-Term Deferred Tax Assets	115.78	117.9	116.35	1.64	1.44	1.55
Other Long-Term Assets	3.24	3.12	3.36	1.55	6.02	7.04
Total Assets	1,273	1,229	1,128	898.98	898.06	818.09
Accounts Payable	50.05	42.38	52.05	44.46	33.66	21.28
Accrued Expenses	40.69	33.13	37.03	44.83	32.97	22.75
Current Portion of Long-Term Debt	26.47	-	20.17	-	-	-
Current Portion of Leases	3.6	4.03	3.33	4.44	4.15	4.2
Current Income Taxes Payable	1.06	-	2.43	1.86	0.91	0.83
Current Unearned Revenue	80.47	118.03	127.22	63.14	67.24	54.87
Other Current Liabilities	12.83	20.47	15.67	30.49	7.75	14.3
Total Current Liabilities	215.17	218.03	257.9	189.2	146.68	118.22
Long-Term Debt	249.4	274.94	254.49	229.44	321.12	300.07
Long-Term Leases	34.42	31.53	33.58	32.83	6.31	10.3
Long-Term Deferred Tax Liabilities	6.38	6.55	1.29	4.79	5.24	5.65
Other Long-Term Liabilities	20.98	25.54	3.1	5.08	10.35	9.34
Total Liabilities	526.35	556.6	550.36	461.35	489.69	443.58
Common Stock	0.57	0.56	0.52	0.51	0.5	0.49
Additional Paid-In Capital	1,218	1,202	1,078	1,117	1,113	1,071
Retained Earnings	-473.42	-532.17	-501.8	-681.28	-707.32	-698.93
Comprehensive Income & Other	1.85	1.61	0.93	1.48	1.85	1.89
Shareholders' Equity	746.52	672.44	577.82	437.63	408.37	374.51
Total Liabilities & Equity	1,273	1,229	1,128	898.98	898.06	818.09
Total Debt	313.9	310.5	311.57	266.71	331.57	314.56
Net Cash (Debt)	6.86	-5.05	-9.16	-42.78	-12.17	-70.02
Net Cash Per Share	0.11	-0.09	-0.14	-0.80	-0.25	-1.47
Filing Date Shares Outstanding	56.78	56.37	51.66	50.65	49.72	49
Total Common Shares Outstanding	56.78	56.36	51.66	50.65	49.72	48.99
Working Capital	545.81	488.25	411	360.18	440.25	357.65
Book Value Per Share	13.15	11.93	11.19	8.64	8.21	7.64
Tangible Book Value	493.01	413.53	371.99	221.78	180.25	131.05
Tangible Book Value Per Share	8.68	7.34	7.20	4.38	3.62	2.67
Land	5.06	5.06	5.06	5.06	5.06	5.06
Buildings	61.5	61.68	64.2	63.95	62.87	61.88
Machinery	187.59	181.18	155.53	145.66	140.49	137.69
Leasehold Improvements	53.03	52.91	54.76	45.98	6.67	6.7
Order Backlog	-	490.7	499.9	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.