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VSE (VSEC) Debt-to-Equity : 0.75 (As of Dec. 2023)


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What is VSE Debt-to-Equity?

VSE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27.5 Mil. VSE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $431.8 Mil. VSE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $616.7 Mil. VSE's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for VSE's Debt-to-Equity or its related term are showing as below:

VSEC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.75   Max: 1.12
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of VSE was 1.12. The lowest was 0.36. And the median was 0.75.

VSEC's Debt-to-Equity is ranked worse than
70.47% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs VSEC: 0.75

VSE Debt-to-Equity Historical Data

The historical data trend for VSE's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VSE Debt-to-Equity Chart

VSE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.78 0.76 0.69 0.75

VSE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.84 0.84 0.79 0.75

Competitive Comparison of VSE's Debt-to-Equity

For the Aerospace & Defense subindustry, VSE's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VSE's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, VSE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VSE's Debt-to-Equity falls into.



VSE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VSE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

VSE's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VSE  (NAS:VSEC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


VSE Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of VSE's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


VSE (VSEC) Business Description

Traded in Other Exchanges
Address
6348 Walker Lane, Alexandria, VA, USA, 22310
VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Its operations include supply chain management solutions, parts supply and distribution, and maintenance, repair and overhaul (MRO) services for vehicle fleet, aviation, maritime and other customers. It also provide vehicle and equipment refurbishment, logistics, engineering support, data management and healthcare IT solutions, and clean energy consulting services. The company operating segments are Aviation, Fleet and Federal and Defense.
Executives
Edward P Dolanski director 5158 MOHAWK DRIVE, FRISCO TX 75034
John E Potter director 9009 FALLS CHAPEL WAY, POTOMAC MD 20854-2387
James F Lafond director 4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Calvin Scott Koonce director 6229 EXECUTIVE BOULEVARD, ROCKVILLE MD 20852
Bonnie K Wachtel director 1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Ferguson Iii Mark E director 1444 CLONCURRY ROAD, NORFOLK VA 23505
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Lloyd Emerson Johnson director 16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Benjamin E. Thomas officer: President, VSE Aviation, Inc. 3361 ENTERPRISE WAY, MIRAMAR FL 33025
Stephen D. Griffin officer: Sr. VP and CFO 6348 WALKER LANE, ALEXANDRIA VA 22310
Farinaz S Tehrani officer: Chief Legal Officer 180 EAST BROAD STREET, COLUMBUS OH 43215
Moore Robert Andrew Iii officer: President, Federal & Defense 6348 WALKER LANE, ALEXANDRIA VA 22310
John A Cuomo director, officer: CEO and President 6348 WALKER LANE, ALEXANDRIA VA 22310
Chad Wheeler officer: President, Wheeler Fleet 384 DRUM AVENUE, SOMERSET PA 15501