V2X's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29 Mil. V2X's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,135 Mil. V2X's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $991 Mil.
V2X's debt to equity for the quarter that ended in Dec. 2023 was 1.17.
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 V2X's Debt-to-Equity or its related term are showing as below:
VVX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.68 Max: 2.49
Current: 1.18
During the past 13 years, the highest Debt-to-Equity Ratio of V2X was 2.49. The lowest was 0.33. And the median was 0.68.
V2X Debt-to-Equity Historical Data
The historical data trend for V2X'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.
|
V2X Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
0.33 |
0.65 |
0.43 |
1.34 |
1.18 |
|
V2X 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.34 |
1.37 |
1.25 |
1.22 |
1.18 |
Competitive Comparison
For the Aerospace & Defense subindustry, V2X'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.
V2X Debt-to-Equity Distribution
For the Aerospace & Defense industry and Industrials sector, V2X's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where V2X's Debt-to-Equity falls into.
V2X Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
V2X's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
V2X'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.
V2X (VVX) Business Description
Traded in Other Exchanges
Address
7901 Jones Branch Drive, Suite 700, McLean, VA, USA, 22102
V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.
Executives
| William Boyd Noon |
officer: CVP, Chief Accounting Officer |
150 FIELD DRIVE, SUITE 250, LAKE FOREST IL 60045 |
| Kevin T Boyle |
officer: SVP, CLO & General Counsel |
2424 GARDEN OF THE GODS ROAD, COLORADO SPRINGS CO 80919 |
| Michael James Smith |
officer: See Remarks |
C/O VECTRUS, INC., 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919 |
| Shawn Mural |
officer: Senior Vice President and CFO |
15197 CARVER COURT, WATERFORD VA 20197 |
| Josephine F. Bjornson |
officer: Chief Human Resources Officer |
7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102 |
| Abbas Elegba |
director |
7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102 |
| Dino M Cusumano |
director |
C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202 |
| Aipcf Vi Vertex Aerospace Funding Lp |
10 percent owner |
C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017 |
| Aipcf Vi, Llc |
10 percent owner |
450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017 |
| Lightship Capital Llc |
10 percent owner |
330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017 |
| Stephen L Waechter |
director |
1100 N GLEBE ROAD, ARLINGTON VA 22201 |
| Eric M Pillmore |
director |
C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019 |
| Joel M. Rotroff |
director |
C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202 |
| Neil Snyder |
director |
C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, SUITE 500, MILWAUKEE WI 53202 |
| American Industrial Partners Capital Fund Vi, L.p. |
10 percent owner |
330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017 |
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