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 ratio2.7x
CashUS$18.99m
EquityUS$781.32m
Total liabilitiesUS$712.98m
Total assetsUS$1.49b

Recent financial health updates

Recent updates

These 4 Measures Indicate That VSE (NASDAQ:VSEC) Is Using Debt Extensively

May 03
These 4 Measures Indicate That VSE (NASDAQ:VSEC) Is Using Debt Extensively

Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 43%?

Apr 12
Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 43%?

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

Financial 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).


Balance Sheet


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