VSE Balance Sheet Health
Financial Health criteria checks 3/6
VSE has a total shareholder equity of $781.3M and total debt of $463.5M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are $1.5B and $713.0M respectively. VSE's EBIT is $99.2M making its interest coverage ratio 2.7. It has cash and short-term investments of $19.0M.
Key information
59.3%
Debt to equity ratio
US$463.51m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$18.99m |
| Equity | US$781.32m |
| Total liabilities | US$712.98m |
| Total assets | US$1.49b |
Recent financial health updates
These 4 Measures Indicate That VSE (NASDAQ:VSEC) Is Using Debt Extensively
May 03
VSE (NASDAQ:VSEC) Takes On Some Risk With Its Use Of Debt
Sep 02Recent updates
These 4 Measures Indicate That VSE (NASDAQ:VSEC) Is Using Debt Extensively
May 03Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 43%?
Apr 12Investors Shouldn't Be Too Comfortable With VSE's (NASDAQ:VSEC) Earnings
Mar 16VSE Corporation: Strong Growth Outlook But Share Price Lacks Margin Of Safety
Mar 12Here's Why VSE (NASDAQ:VSEC) Has Caught The Eye Of Investors
Mar 07Earnings Not Telling The Story For VSE Corporation (NASDAQ:VSEC)
Feb 13Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?
Jan 04Here's Why We Think VSE (NASDAQ:VSEC) Might Deserve Your Attention Today
Sep 29Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?
Aug 30VSE's (NASDAQ:VSEC) Dividend Will Be $0.10
Apr 21VSE (NASDAQ:VSEC) Is Paying Out A Dividend Of $0.10
Apr 05VSE's (NASDAQ:VSEC) Dividend Will Be $0.10
Mar 20VSE (NASDAQ:VSEC) Could Be Struggling To Allocate Capital
Jan 12VSE Aviation bags $350M worth distribution agreements
Oct 19What Is VSE Corporation's (NASDAQ:VSEC) Share Price Doing?
Oct 14VSE amends credit facility
Oct 11VSE's (NASDAQ:VSEC) Returns On Capital Not Reflecting Well On The Business
Sep 24VSE (NASDAQ:VSEC) Takes On Some Risk With Its Use Of Debt
Sep 02Financial Position Analysis
Short Term Liabilities: VSEC's short term assets ($796.4M) exceed its short term liabilities ($225.6M).
Long Term Liabilities: VSEC's short term assets ($796.4M) exceed its long term liabilities ($487.3M).
Debt to Equity History and Analysis
Debt Level: VSEC's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: VSEC's debt to equity ratio has reduced from 81.1% to 59.3% 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 (2.7x coverage).