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 ratio | 3x |
Cash | US$7.77m |
Equity | US$616.73m |
Total liabilities | US$733.61m |
Total assets | US$1.35b |
Recent financial health updates
Recent updates
Investors 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 02At US$46.61, Is VSE Corporation (NASDAQ:VSEC) Worth Looking At Closely?
Apr 29Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 49%?
Dec 01VSE (NASDAQ:VSEC) Has Re-Affirmed Its Dividend Of US$0.09
Aug 01VSE Corporation: Time For A More Cautious Outlook
Jul 21VSE (NASDAQ:VSEC) Will Pay A Dividend Of US$0.09
Jun 24Financial 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).