VSE Balance Sheet Health

Financial Health criteria checks 2/6

VSE has a total shareholder equity of $616.7M and total debt of $429.3M, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are $1.4B and $733.6M respectively. VSE's EBIT is $91.7M making its interest coverage ratio 3. It has cash and short-term investments of $7.8M.

Key information

69.6%

Debt to equity ratio

US$429.34m

Debt

Interest coverage ratio3x
CashUS$7.77m
EquityUS$616.73m
Total liabilitiesUS$733.61m
Total assetsUS$1.35b

Recent financial health updates

Recent updates

Investors Shouldn't Be Too Comfortable With VSE's (NASDAQ:VSEC) Earnings

Mar 16
Investors Shouldn't Be Too Comfortable With VSE's (NASDAQ:VSEC) Earnings

VSE Corporation: Strong Growth Outlook But Share Price Lacks Margin Of Safety

Mar 12

Here's Why VSE (NASDAQ:VSEC) Has Caught The Eye Of Investors

Mar 07
Here's Why VSE (NASDAQ:VSEC) Has Caught The Eye Of Investors

Earnings Not Telling The Story For VSE Corporation (NASDAQ:VSEC)

Feb 13
Earnings Not Telling The Story For VSE Corporation (NASDAQ:VSEC)

Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?

Jan 04
Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?

Here's Why We Think VSE (NASDAQ:VSEC) Might Deserve Your Attention Today

Sep 29
Here's Why We Think VSE (NASDAQ:VSEC) Might Deserve Your Attention Today

Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?

Aug 30
Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?

VSE's (NASDAQ:VSEC) Dividend Will Be $0.10

Apr 21
VSE's (NASDAQ:VSEC) Dividend Will Be $0.10

VSE (NASDAQ:VSEC) Is Paying Out A Dividend Of $0.10

Apr 05
VSE (NASDAQ:VSEC) Is Paying Out A Dividend Of $0.10

VSE's (NASDAQ:VSEC) Dividend Will Be $0.10

Mar 20
VSE's (NASDAQ:VSEC) Dividend Will Be $0.10

VSE (NASDAQ:VSEC) Could Be Struggling To Allocate Capital

Jan 12
VSE (NASDAQ:VSEC) Could Be Struggling To Allocate Capital

VSE Aviation bags $350M worth distribution agreements

Oct 19

What Is VSE Corporation's (NASDAQ:VSEC) Share Price Doing?

Oct 14
What Is VSE Corporation's (NASDAQ:VSEC) Share Price Doing?

VSE amends credit facility

Oct 11

VSE's (NASDAQ:VSEC) Returns On Capital Not Reflecting Well On The Business

Sep 24
VSE's (NASDAQ:VSEC) Returns On Capital Not Reflecting Well On The Business

VSE (NASDAQ:VSEC) Takes On Some Risk With Its Use Of Debt

Sep 02
VSE (NASDAQ:VSEC) Takes On Some Risk With Its Use Of Debt

At US$46.61, Is VSE Corporation (NASDAQ:VSEC) Worth Looking At Closely?

Apr 29
At US$46.61, Is VSE Corporation (NASDAQ:VSEC) Worth Looking At Closely?

Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 49%?

Dec 01
Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 49%?

VSE (NASDAQ:VSEC) Has Re-Affirmed Its Dividend Of US$0.09

Aug 01
VSE (NASDAQ:VSEC) Has Re-Affirmed Its Dividend Of US$0.09

VSE Corporation: Time For A More Cautious Outlook

Jul 21

VSE (NASDAQ:VSEC) Will Pay A Dividend Of US$0.09

Jun 24
VSE (NASDAQ:VSEC) Will Pay A Dividend Of US$0.09

Financial Position Analysis

Short Term Liabilities: VSEC's short term assets ($774.0M) exceed its short term liabilities ($286.9M).

Long Term Liabilities: VSEC's short term assets ($774.0M) exceed its long term liabilities ($446.7M).


Debt to Equity History and Analysis

Debt Level: VSEC's net debt to equity ratio (68.4%) is considered high.

Reducing Debt: VSEC's debt to equity ratio has increased from 48.9% to 69.6% over the past 5 years.

Debt Coverage: VSEC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VSEC's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


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