Veeco Short Term Investments vs Net Receivables Analysis

VECO Stock  USD 41.69  0.16  0.39%   
Veeco Instruments financial indicator trend analysis is much more than just breaking down Veeco Instruments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veeco Instruments is a good investment. Please check the relationship between Veeco Instruments Short Term Investments and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeco Instruments Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Veeco Instruments' Short Term Investments and Net Receivables is 0.32. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Veeco Instruments, assuming nothing else is changed. The correlation between historical values of Veeco Instruments' Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Veeco Instruments are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., Veeco Instruments' Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Veeco Instruments balance sheet. It contains any investments Veeco Instruments undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Veeco Instruments can easily liquidate in the marketplace.

Net Receivables

Most indicators from Veeco Instruments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veeco Instruments current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.At this time, Veeco Instruments' Discontinued Operations is very stable compared to the past year. As of the 28th of May 2024, Tax Provision is likely to grow to about 2.1 M, while Selling General Administrative is likely to drop about 86.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit242.3M263.1M276.6M189.4M
Total Revenue583.3M646.1M666.4M450.8M

Veeco Instruments fundamental ratios Correlations

0.340.220.870.770.770.01-0.160.50.480.720.10.530.720.820.370.430.480.530.630.310.830.50.490.820.82
0.340.020.44-0.290.410.91-0.910.08-0.480.64-0.22-0.430.660.541.00.81-0.190.80.90.490.020.40.130.680.69
0.220.020.40.20.40.050.0-0.09-0.08-0.020.490.220.470.41-0.010.370.550.30.090.250.42-0.31-0.270.370.38
0.870.440.40.530.770.23-0.310.340.160.73-0.010.220.850.860.450.580.30.640.720.340.630.480.380.830.83
0.77-0.290.20.530.49-0.60.440.50.860.340.260.870.270.44-0.25-0.030.680.030.00.120.850.220.390.350.35
0.770.410.40.770.490.19-0.340.510.210.440.030.370.850.880.40.60.280.510.620.50.760.12-0.060.840.83
0.010.910.050.23-0.60.19-0.87-0.16-0.80.41-0.22-0.710.50.290.890.7-0.390.640.750.37-0.290.26-0.030.450.45
-0.16-0.910.0-0.310.44-0.34-0.870.060.53-0.440.390.51-0.53-0.51-0.89-0.690.42-0.78-0.8-0.350.1-0.120.04-0.62-0.63
0.50.08-0.090.340.50.51-0.160.060.460.190.350.520.390.410.080.170.43-0.150.190.170.610.20.020.330.33
0.48-0.48-0.080.160.860.21-0.80.530.460.080.150.89-0.10.18-0.44-0.30.54-0.2-0.29-0.080.660.030.270.040.05
0.720.64-0.020.730.340.440.41-0.440.190.08-0.27-0.050.570.530.690.630.130.740.720.510.280.740.720.640.65
0.1-0.220.49-0.010.260.03-0.220.390.350.15-0.270.420.10.02-0.23-0.060.74-0.34-0.17-0.10.39-0.13-0.180.020.03
0.53-0.430.220.220.870.37-0.710.510.520.89-0.050.420.10.32-0.42-0.180.7-0.19-0.24-0.020.85-0.130.020.170.18
0.720.660.470.850.270.850.5-0.530.39-0.10.570.10.10.870.650.760.270.670.810.480.60.340.030.870.88
0.820.540.410.860.440.880.29-0.510.410.180.530.020.320.870.520.610.260.690.750.320.730.210.080.930.94
0.371.0-0.010.45-0.250.40.89-0.890.08-0.440.69-0.23-0.420.650.520.81-0.170.810.90.510.040.430.190.680.69
0.430.810.370.58-0.030.60.7-0.690.17-0.30.63-0.06-0.180.760.610.810.060.790.720.840.280.17-0.050.730.73
0.48-0.190.550.30.680.28-0.390.420.430.540.130.740.70.270.26-0.170.06-0.03-0.080.090.690.110.180.190.22
0.530.80.30.640.030.510.64-0.78-0.15-0.20.74-0.34-0.190.670.690.810.79-0.030.80.530.230.290.260.780.8
0.630.90.090.720.00.620.75-0.80.19-0.290.72-0.17-0.240.810.750.90.72-0.080.80.340.270.520.290.860.86
0.310.490.250.340.120.50.37-0.350.17-0.080.51-0.1-0.020.480.320.510.840.090.530.340.27-0.01-0.090.470.45
0.830.020.420.630.850.76-0.290.10.610.660.280.390.850.60.730.040.280.690.230.270.270.060.040.640.65
0.50.4-0.310.480.220.120.26-0.120.20.030.74-0.13-0.130.340.210.430.170.110.290.52-0.010.060.780.240.26
0.490.13-0.270.380.39-0.06-0.030.040.020.270.72-0.180.020.030.080.19-0.050.180.260.29-0.090.040.780.150.17
0.820.680.370.830.350.840.45-0.620.330.040.640.020.170.870.930.680.730.190.780.860.470.640.240.151.0
0.820.690.380.830.350.830.45-0.630.330.050.650.030.180.880.940.690.730.220.80.860.450.650.260.171.0
Click cells to compare fundamentals

Veeco Instruments Account Relationship Matchups

Veeco Instruments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets818.1M898.1M899.0M1.1B1.2B719.1M
Short Long Term Debt Total310.4M327.4M262.3M308.2M310.5M326.0M
Other Current Liab37.9M41.6M77.2M58.5M53.6M56.4M
Total Current Liabilities118.2M146.7M189.2M257.9M218.0M129.9M
Total Stockholder Equity374.5M408.4M437.6M577.8M672.4M440.6M
Property Plant And Equipment Net90.2M75.5M128.6M133.7M142.8M72.9M
Net Debt181.1M197.8M142.5M153.3M151.4M158.9M
Retained Earnings(698.9M)(707.3M)(681.3M)(501.8M)(532.2M)(505.6M)
Accounts Payable21.3M33.7M44.5M52.0M42.4M32.6M
Cash129.3M129.6M119.7M154.9M159.1M165.9M
Non Current Assets Total342.2M311.1M349.6M459.3M522.8M548.9M
Non Currrent Assets Other7.0M6.0M1.5M1.4M3.1M3.0M
Cash And Short Term Investments244.5M319.4M223.9M302.4M305.8M248.2M
Net Receivables71.0M101.2M127.9M140.7M127.4M81.1M
Common Stock Shares Outstanding47.5M48.4M53.6M65.6M53.8M35.5M
Liabilities And Stockholders Equity818.1M898.1M899.0M1.1B1.2B719.1M
Non Current Liabilities Total325.4M343.0M272.1M292.5M338.6M355.5M
Inventory133.1M145.9M170.9M206.9M257.0M269.9M
Other Current Assets15.0M19.3M25.6M18.3M16.1M29.0M
Other Stockholder Equity1.1B1.1B1.1B1.1B1.2B1.3B
Total Liab443.6M489.7M461.3M550.4M556.6M278.4M
Property Plant And Equipment Gross90.2M65.3M128.6M133.7M325.2M341.5M
Total Current Assets475.9M586.9M549.4M668.9M706.3M465.1M
Accumulated Other Comprehensive Income1.9M1.8M1.5M928K1.6M1.0M
Short Term Debt4.2M4.1M4.4M20.2M4.0M5.7M
Intangible Assets61.5M46.2M33.9M23.9M43.9M67.9M
Common Stock Total Equity490K497K507K517K594.6K415.7K
Common Stock490K497K507K517K564K423.9K
Other Liab15.0M15.6M9.9M4.4M5.0M8.6M
Other Assets8.6M17.7M5.2M117.7M1.00.95
Long Term Debt300.1M321.1M229.4M254.5M274.9M166.8M
Short Term Investments115.3M189.8M104.2M147.5M146.7M115.8M
Property Plant Equipment75.7M65.3M128.6M107.3M123.4M83.7M
Current Deferred Revenue54.9M67.2M63.1M127.2M118.0M123.9M
Net Tangible Assets131.1M180.2M221.8M372.0M334.8M305.2M
Retained Earnings Total Equity(698.9M)(707.3M)(681.3M)(501.8M)(451.6M)(429.0M)
Long Term Debt Total300.1M321.1M229.4M254.5M292.7M153.8M
Capital Surpluse1.1B1.1B1.1B1.1B1.2B998.5M

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When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
Note that the Veeco Instruments information on this page should be used as a complementary analysis to other Veeco Instruments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Veeco Instruments' price analysis, check to measure Veeco Instruments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeco Instruments is operating at the current time. Most of Veeco Instruments' value examination focuses on studying past and present price action to predict the probability of Veeco Instruments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeco Instruments' price. Additionally, you may evaluate how the addition of Veeco Instruments to your portfolios can decrease your overall portfolio volatility.
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Is Veeco Instruments' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.199
Earnings Share
(0.36)
Revenue Per Share
12.471
Quarterly Revenue Growth
0.137
Return On Assets
0.0431
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.