VECOVeeco Instruments Inc.

$46.14

Is it safe?

Can VECO take a bad year?

Veeco Instruments Inc. holds $203M more cash than debt, so a bad year is a question about profits, not about lenders.

$203M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
2.14×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
58%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ2 2026
$227M
Cash and short-term investments
$429M
Net cash
$203M
EBITDA, trailing twelve months
$37M
Operating profit, trailing twelve months
$18M
Debt / equity
0.25×
Total debt / EBITDA
6.16×
Annualised volatilitytwo years of daily moves
58%
Worst drawdown on file
−81%
Below its 52-week high
−44%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.