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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	174.16	158.78	154.93	119.75	129.63	129.29
Short-Term Investments	130.7	146.66	147.49	104.18	189.77	115.25
Cash & Short-Term Investments	304.86	305.45	302.41	223.93	319.4	244.55
Cash Growth	6.45%	1.00%	35.05%	-29.89%	30.61%	-6.11%
Receivables	131.83	127.39	140.73	127.9	101.24	71.02
Inventory	245.11	237.64	206.91	170.86	145.91	133.07
Prepaid Expenses	18.81	16.07	8.91	22.07	12.1	9.07
Restricted Cash	0.29	0.34	0.55	0.73	0.66	0.66
Other Current Assets	17.3	19.4	9.4	3.9	7.63	17.53
Total Current Assets	718.2	706.28	668.9	549.39	586.93	475.88
Property, Plant & Equipment	140.79	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	40.23	43.95	23.89	33.91	46.19	61.52
Long-Term Deferred Tax Assets	117.9	117.9	116.35	1.64	1.44	1.55
Other Long-Term Assets	3.03	3.12	3.36	1.55	6.02	7.04
Total Assets	1,235	1,229	1,128	898.98	898.06	818.09
Accounts Payable	46.85	42.38	52.05	44.46	33.66	21.28
Accrued Expenses	27.39	33.13	37.03	44.83	32.97	22.75
Current Portion of Long-Term Debt	26.45	-	20.17	-	-	-
Current Portion of Leases	3.66	4.03	3.33	4.44	4.15	4.2
Current Income Taxes Payable	4.87	-	2.43	1.86	0.91	0.83
Current Unearned Revenue	80.56	118.03	127.22	63.14	67.24	54.87
Other Current Liabilities	14.2	20.47	15.67	30.49	7.75	14.3
Total Current Liabilities	203.97	218.03	257.9	189.2	146.68	118.22
Long-Term Debt	249.11	274.94	254.49	229.44	321.12	300.07
Long-Term Leases	34.94	31.53	33.58	32.83	6.31	10.3
Long-Term Deferred Tax Liabilities	6.45	6.55	1.29	4.79	5.24	5.65
Other Long-Term Liabilities	25.64	25.54	3.1	5.08	10.35	9.34
Total Liabilities	520.1	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	1,208	1,202	1,078	1,117	1,113	1,071
Retained Earnings	-495.37	-532.17	-501.8	-681.28	-707.32	-698.93
Comprehensive Income & Other	1.47	1.61	0.93	1.48	1.85	1.89
Shareholders' Equity	715.01	672.44	577.82	437.63	408.37	374.51
Total Liabilities & Equity	1,235	1,229	1,128	898.98	898.06	818.09
Total Debt	314.15	310.5	311.57	266.71	331.57	314.56
Net Cash (Debt)	-9.29	-5.05	-9.16	-42.78	-12.17	-70.02
Net Cash Per Share	-0.16	-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	56.77	56.36	51.66	50.65	49.72	48.99
Working Capital	514.22	488.25	411	360.18	440.25	357.65
Book Value Per Share	12.59	11.93	11.19	8.64	8.21	7.64
Tangible Book Value	459.82	413.53	371.99	221.78	180.25	131.05
Tangible Book Value Per Share	8.10	7.34	7.20	4.38	3.62	2.67
Land	5.06	5.06	5.06	5.06	5.06	5.06
Buildings	61.43	61.68	64.2	63.95	62.87	61.88
Machinery	184.01	181.18	155.53	145.66	140.49	137.69
Leasehold Improvements	53.01	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.