VSE Balance Sheet Health
Financial Health criteria checks 3/6
VSE has a total shareholder equity of $787.8M and total debt of $450.3M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $1.5B and $676.2M respectively. VSE's EBIT is $94.2M making its interest coverage ratio 2.5. It has cash and short-term investments of $7.9M.
Key information
57.2%
Debt to equity ratio
US$450.34m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$7.91m |
| Equity | US$787.80m |
| Total liabilities | US$676.20m |
| Total assets | US$1.46b |
Recent financial health updates
Recent updates
When Should You Buy VSE Corporation (NASDAQ:VSEC)?
Dec 10
VSE Corporation: Lots Of Moving Parts
Nov 23VSE's (NASDAQ:VSEC) Anemic Earnings Might Be Worse Than You Think
Nov 13Results: VSE Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 09VSE Corporation (NASDAQ:VSEC) Stocks Shoot Up 37% But Its P/E Still Looks Reasonable
Nov 07VSE Corporation: Capitalizing On Aviation Demand And Robust Aftermarket Growth (Rating Upgrade)
Sep 14These 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 29Financial Position Analysis
Short Term Liabilities: VSEC's short term assets ($775.3M) exceed its short term liabilities ($210.1M).
Long Term Liabilities: VSEC's short term assets ($775.3M) exceed its long term liabilities ($466.1M).
Debt to Equity History and Analysis
Debt Level: VSEC's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: VSEC's debt to equity ratio has reduced from 75.9% to 57.2% 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 (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 23:53 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VSE Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Sullivan | Benchmark Company |
| Jeffrey Van Sinderen | B. Riley Securities, Inc. |
| Kenneth Herbert | Canaccord Genuity |