Veeco Free Cash Flow vs Net Income Analysis

VECO Stock

USD 28.54 0.61 2.18%

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 Free Cash Flow and its Net Income 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 closely tied 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.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeco Instruments Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Veeco Instruments' Free Cash Flow and Net Income is 0.79. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income 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' Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Veeco Instruments are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Veeco Instruments' Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Veeco Instruments financial statement analysis. It represents the amount of money remaining after all of Veeco Instruments operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 closely tied 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 11th of December 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 Profit	242.3M	263.1M	285.1M	189.7M
Total Revenue	583.3M	646.1M	666.4M	450.8M

Gross Profit Total Revenue

Veeco Instruments fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.37	0.2	0.87	0.77	0.77	0.01	-0.16	0.5	0.48	0.72	0.1	0.53	0.72	0.82	0.37	0.45	0.61	0.53	0.63	0.31	0.83	0.51	0.49	0.82	0.82
Short Long Term Debt Total	0.37		-0.04	0.46	-0.26	0.4	0.9	-0.88	0.09	-0.45	0.69	-0.22	-0.43	0.66	0.53	1.0	0.81	-0.04	0.79	0.91	0.47	0.03	0.48	0.2	0.67	0.68
Other Current Liab	0.2	-0.04		0.37	0.21	0.38	0.02	0.02	-0.1	-0.06	-0.04	0.5	0.23	0.43	0.38	-0.03	0.36	0.6	0.29	0.06	0.24	0.41	-0.32	-0.26	0.35	0.36
Total Current Liabilities	0.87	0.46	0.37		0.53	0.77	0.23	-0.31	0.34	0.16	0.73	-0.01	0.22	0.85	0.86	0.45	0.61	0.43	0.64	0.72	0.34	0.63	0.5	0.38	0.83	0.83
Total Stockholder Equity	0.77	-0.26	0.21	0.53		0.49	-0.6	0.44	0.5	0.86	0.34	0.26	0.87	0.27	0.44	-0.25	-0.03	0.72	0.03	0.0	0.12	0.85	0.22	0.39	0.35	0.35
Property Plant And Equipment Net	0.77	0.4	0.38	0.77	0.49		0.19	-0.34	0.51	0.21	0.44	0.03	0.37	0.85	0.88	0.4	0.62	0.48	0.51	0.62	0.5	0.76	0.14	-0.06	0.84	0.83
Net Debt	0.01	0.9	0.02	0.23	-0.6	0.19		-0.87	-0.16	-0.8	0.41	-0.22	-0.71	0.5	0.29	0.89	0.71	-0.26	0.64	0.75	0.38	-0.29	0.28	-0.03	0.45	0.45
Retained Earnings	-0.16	-0.88	0.02	-0.31	0.44	-0.34	-0.87		0.06	0.53	-0.44	0.39	0.51	-0.53	-0.51	-0.89	-0.71	0.31	-0.78	-0.8	-0.35	0.1	-0.13	0.04	-0.62	-0.63
Accounts Payable	0.5	0.09	-0.1	0.34	0.5	0.51	-0.16	0.06		0.46	0.19	0.35	0.52	0.39	0.41	0.08	0.18	0.46	-0.15	0.19	0.17	0.61	0.2	0.02	0.33	0.33
Cash	0.48	-0.45	-0.06	0.16	0.86	0.21	-0.8	0.53	0.46		0.08	0.15	0.89	-0.1	0.18	-0.44	-0.3	0.47	-0.2	-0.29	-0.08	0.66	0.02	0.27	0.04	0.05
Non Current Assets Total	0.72	0.69	-0.04	0.73	0.34	0.44	0.41	-0.44	0.19	0.08		-0.27	-0.05	0.57	0.53	0.69	0.64	0.25	0.74	0.72	0.51	0.28	0.73	0.72	0.64	0.65
Non Currrent Assets Other	0.1	-0.22	0.5	-0.01	0.26	0.03	-0.22	0.39	0.35	0.15	-0.27		0.42	0.1	0.02	-0.23	-0.05	0.69	-0.34	-0.17	-0.1	0.39	-0.14	-0.18	0.02	0.03
Cash And Short Term Investments	0.53	-0.43	0.23	0.22	0.87	0.37	-0.71	0.51	0.52	0.89	-0.05	0.42		0.1	0.32	-0.42	-0.18	0.67	-0.19	-0.24	-0.02	0.85	-0.13	0.02	0.17	0.18
Net Receivables	0.72	0.66	0.43	0.85	0.27	0.85	0.5	-0.53	0.39	-0.1	0.57	0.1	0.1		0.87	0.65	0.79	0.45	0.67	0.81	0.48	0.6	0.36	0.03	0.87	0.88
Common Stock Shares Outstanding	0.82	0.53	0.38	0.86	0.44	0.88	0.29	-0.51	0.41	0.18	0.53	0.02	0.32	0.87		0.52	0.65	0.36	0.69	0.75	0.32	0.73	0.23	0.08	0.93	0.94
Non Current Liabilities Total	0.37	1.0	-0.03	0.45	-0.25	0.4	0.89	-0.89	0.08	-0.44	0.69	-0.23	-0.42	0.65	0.52		0.83	-0.03	0.81	0.9	0.51	0.04	0.44	0.19	0.68	0.69
Inventory	0.45	0.81	0.36	0.61	-0.03	0.62	0.71	-0.71	0.18	-0.3	0.64	-0.05	-0.18	0.79	0.65	0.83		0.28	0.81	0.75	0.81	0.29	0.2	-0.04	0.76	0.76
Other Current Assets	0.61	-0.04	0.6	0.43	0.72	0.48	-0.26	0.31	0.46	0.47	0.25	0.69	0.67	0.45	0.36	-0.03	0.28		0.1	0.08	0.37	0.78	0.08	0.12	0.41	0.4
Other Stockholder Equity	0.53	0.79	0.29	0.64	0.03	0.51	0.64	-0.78	-0.15	-0.2	0.74	-0.34	-0.19	0.67	0.69	0.81	0.81	0.1		0.8	0.53	0.23	0.3	0.26	0.78	0.8
Total Liab	0.63	0.91	0.06	0.72	0.0	0.62	0.75	-0.8	0.19	-0.29	0.72	-0.17	-0.24	0.81	0.75	0.9	0.75	0.08	0.8		0.34	0.27	0.53	0.29	0.86	0.86
Property Plant And Equipment Gross	0.31	0.47	0.24	0.34	0.12	0.5	0.38	-0.35	0.17	-0.08	0.51	-0.1	-0.02	0.48	0.32	0.51	0.81	0.37	0.53	0.34		0.27	0.0	-0.09	0.47	0.45
Total Current Assets	0.83	0.03	0.41	0.63	0.85	0.76	-0.29	0.1	0.61	0.66	0.28	0.39	0.85	0.6	0.73	0.04	0.29	0.78	0.23	0.27	0.27		0.07	0.04	0.64	0.65
Short Term Debt	0.51	0.48	-0.32	0.5	0.22	0.14	0.28	-0.13	0.2	0.02	0.73	-0.14	-0.13	0.36	0.23	0.44	0.2	0.08	0.3	0.53	0.0	0.07		0.76	0.25	0.27
Intangible Assets	0.49	0.2	-0.26	0.38	0.39	-0.06	-0.03	0.04	0.02	0.27	0.72	-0.18	0.02	0.03	0.08	0.19	-0.04	0.12	0.26	0.29	-0.09	0.04	0.76		0.15	0.17
Common Stock Total Equity	0.82	0.67	0.35	0.83	0.35	0.84	0.45	-0.62	0.33	0.04	0.64	0.02	0.17	0.87	0.93	0.68	0.76	0.41	0.78	0.86	0.47	0.64	0.25	0.15		1.0
Common Stock	0.82	0.68	0.36	0.83	0.35	0.83	0.45	-0.63	0.33	0.05	0.65	0.03	0.18	0.88	0.94	0.69	0.76	0.4	0.8	0.86	0.45	0.65	0.27	0.17	1.0

Click cells to compare fundamentals

Veeco Instruments Account Relationship Matchups

Veeco Instruments fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	818.1M	898.1M	899.0M	1.1B	1.2B	719.1M
Short Long Term Debt Total	310.4M	327.4M	262.3M	308.2M	310.5M	326.0M
Other Current Liab	37.9M	40.7M	75.3M	52.7M	51.8M	56.0M
Total Current Liabilities	118.2M	146.7M	189.2M	257.9M	218.0M	129.9M
Total Stockholder Equity	374.5M	408.4M	437.6M	577.8M	672.4M	440.6M
Property Plant And Equipment Net	90.2M	75.5M	128.6M	133.7M	142.8M	72.9M
Net Debt	181.1M	197.8M	142.5M	153.3M	151.7M	159.3M
Retained Earnings	(698.9M)	(707.3M)	(681.3M)	(501.8M)	(532.2M)	(505.6M)
Accounts Payable	21.3M	33.7M	44.5M	52.0M	42.4M	32.6M
Cash	129.3M	129.6M	119.7M	154.9M	158.8M	165.9M
Non Current Assets Total	342.2M	311.1M	349.6M	459.3M	522.8M	548.9M
Non Currrent Assets Other	7.0M	6.0M	1.5M	1.4M	3.1M	3.0M
Cash And Short Term Investments	244.5M	319.4M	223.9M	302.4M	305.4M	248.2M
Net Receivables	71.0M	101.2M	127.9M	140.7M	127.4M	81.1M
Common Stock Shares Outstanding	47.5M	48.4M	53.6M	65.6M	53.8M	35.5M
Liabilities And Stockholders Equity	818.1M	898.1M	899.0M	1.1B	1.2B	719.1M
Non Current Liabilities Total	325.4M	343.0M	272.1M	292.5M	338.6M	355.5M
Inventory	133.1M	145.9M	170.9M	206.9M	237.6M	249.5M
Other Current Assets	15.0M	20.4M	26.7M	18.9M	35.8M	29.8M
Other Stockholder Equity	1.1B	1.1B	1.1B	1.1B	1.2B	1.3B
Total Liab	443.6M	489.7M	461.3M	550.4M	556.6M	278.4M
Property Plant And Equipment Gross	90.2M	65.3M	128.6M	133.7M	325.2M	341.5M
Total Current Assets	475.9M	586.9M	549.4M	668.9M	706.3M	465.1M
Accumulated Other Comprehensive Income	1.9M	1.8M	1.5M	928K	1.6M	1.0M
Short Term Debt	4.2M	4.1M	4.4M	23.5M	4.0M	5.9M
Intangible Assets	61.5M	46.2M	33.9M	23.9M	43.9M	67.9M
Common Stock Total Equity	490K	497K	507K	517K	594.6K	415.7K
Common Stock	490K	497K	507K	517K	564K	423.9K
Other Liab	15.0M	15.6M	9.9M	4.4M	5.0M	8.6M
Other Assets	8.6M	17.7M	5.2M	117.7M	1.0	0.95
Long Term Debt	300.1M	321.1M	229.4M	254.5M	274.9M	166.8M
Short Term Investments	115.3M	189.8M	104.2M	147.5M	146.7M	115.8M
Property Plant Equipment	75.7M	65.3M	128.6M	107.3M	123.4M	83.7M
Current Deferred Revenue	54.9M	67.2M	63.1M	127.2M	118.0M	123.9M
Net Tangible Assets	131.1M	180.2M	221.8M	372.0M	334.8M	305.2M
Retained Earnings Total Equity	(698.9M)	(707.3M)	(681.3M)	(501.8M)	(451.6M)	(429.0M)
Long Term Debt Total	300.1M	321.1M	229.4M	254.5M	292.7M	153.8M
Capital Surpluse	1.1B	1.1B	1.1B	1.1B	1.2B	998.5M

Pair Trading with Veeco Instruments

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.

Moving together with Veeco Stock

0.88	AMD	Advanced Micro Devices	Pair Corr
0.78	FSLR	First Solar	Pair Corr

Moving against Veeco Stock

0.72	MRVL	Marvell Technology	Pair Corr
0.61	CAN	Canaan Inc Aggressive Push	Pair Corr
0.58	NVDA	NVIDIA	Pair Corr
0.56	ERIC	Telefonaktiebolaget Fiscal Year End 28th of January 2025	Pair Corr
0.43	EXTR	Extreme Networks	Pair Corr

The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.

The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Veeco

Details

Is Veeco Stock a good investment?

Details

What is Veeco Instruments' Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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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 closely tied 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.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Is Semiconductors & Semiconductor Equipment space 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

(0.15)

Earnings Share

1.39

Revenue Per Share

12.611

Quarterly Revenue Growth

0.042

Return On Assets

0.0457

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.

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Veeco Free Cash Flow vs Net Income Analysis

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Veeco Instruments fundamental ratios Correlations

Veeco Instruments Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Veeco Instruments fundamental ratios Accounts

Pair Trading with Veeco Instruments

Moving together with Veeco Stock

Moving against Veeco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Total Equity
Common Stock	+ 0.94	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.93	Common Stock Shares Outstanding
Total Liab	+ 0.91	Short Long Term Debt Total
Net Debt	+ 0.9	Short Long Term Debt Total

Non Current Liabilities Total	- 0.89	Retained Earnings
Retained Earnings	- 0.88	Short Long Term Debt Total
Retained Earnings	- 0.87	Net Debt
Total Liab	- 0.8	Retained Earnings
Cash	- 0.8	Net Debt
Other Stockholder Equity	- 0.78	Retained Earnings