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VSE (VSEC)
NASDAQ:VSEC
US Market
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VSE (VSEC) Ratios

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VSE Ratios

VSEC's free cash flow for Q3 2025 was $0.00. For the 2025 fiscal year, VSEC's free cash flow was decreased by $ and operating cash flow was $0.00. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.94 2.70 2.44 2.58 2.55
Quick Ratio
1.41 0.95 0.75 0.79 0.73
Cash Ratio
0.05 0.03 <0.01 <0.01 <0.01
Solvency Ratio
0.07 0.09 0.10 0.07 0.04
Operating Cash Flow Ratio
0.24 -0.08 0.04 -0.10 0.26
Short-Term Operating Cash Flow Coverage
5.96 -0.97 0.81 -1.24 1.75
Net Current Asset Value
$ 145.17M$ 40.42M$ -1.39M$ -37.23M$ -68.81M
Leverage Ratios
Debt-to-Assets Ratio
0.03 0.34 0.33 0.35 0.36
Debt-to-Equity Ratio
0.05 0.74 0.72 0.76 0.78
Debt-to-Capital Ratio
0.04 0.43 0.42 0.43 0.44
Long-Term Debt-to-Capital Ratio
0.04 0.40 0.38 0.39 0.39
Financial Leverage Ratio
1.59 2.19 2.22 2.20 2.19
Debt Service Coverage Ratio
2.99 1.82 2.48 0.76 2.16
Interest Coverage Ratio
3.23 2.83 3.08 1.78 4.06
Debt to Market Cap
0.01 0.47 0.48 0.37 0.59
Interest Debt Per Share
3.45 34.70 26.90 26.28 26.41
Net Debt to EBITDA
0.32 4.05 4.16 14.74 3.52
Profitability Margins
Gross Profit Margin
8.12%11.11%8.21%5.81%11.39%
EBIT Margin
6.75%10.23%5.64%2.87%8.28%
EBITDA Margin
10.17%12.95%8.23%2.87%11.92%
Operating Profit Margin
7.61%10.23%5.80%2.87%8.28%
Pretax Profit Margin
5.30%6.61%3.92%1.26%0.06%
Net Profit Margin
1.01%4.55%2.95%1.06%-0.78%
Continuous Operations Profit Margin
3.89%5.01%2.81%-1.47%-0.78%
Net Income Per EBT
19.03%68.76%75.33%84.29%-1211.01%
EBT Per EBIT
69.63%64.68%67.56%43.92%0.78%
Return on Assets (ROA)
0.72%2.90%2.81%0.87%-0.66%
Return on Equity (ROE)
1.14%6.35%6.24%1.91%-1.45%
Return on Capital Employed (ROCE)
6.14%8.27%7.11%2.91%8.55%
Return on Invested Capital (ROIC)
4.85%6.12%5.27%2.39%-99.69%
Return on Tangible Assets
1.20%4.42%4.25%1.42%-1.18%
Earnings Yield
0.30%4.29%4.68%1.04%-1.22%
Efficiency Ratios
Receivables Turnover
6.29 6.33 9.69 6.75 8.21
Payables Turnover
6.56 4.42 6.78 6.15 8.07
Inventory Turnover
1.59 1.53 2.29 2.19 2.31
Fixed Asset Turnover
8.81 9.92 11.53 10.76 11.63
Asset Turnover
0.71 0.64 0.95 0.82 0.85
Working Capital Turnover Ratio
2.04 2.12 3.12 3.00 3.25
Cash Conversion Cycle
232.25 214.13 143.25 161.26 156.96
Days of Sales Outstanding
58.00 57.69 37.67 54.10 44.43
Days of Inventory Outstanding
229.92 239.01 159.39 166.55 157.77
Days of Payables Outstanding
55.67 82.57 53.80 59.38 45.25
Operating Cycle
287.92 296.71 197.05 220.65 202.21
Cash Flow Ratios
Operating Cash Flow Per Share
2.16 -1.54 0.63 -1.40 3.24
Free Cash Flow Per Share
1.30 -2.87 -0.25 -2.24 2.84
CapEx Per Share
0.86 1.32 0.88 0.84 0.40
Free Cash Flow to Operating Cash Flow
0.60 1.86 -0.39 1.60 0.88
Dividend Paid and CapEx Coverage Ratio
1.72 -0.91 0.49 -1.18 4.26
Capital Expenditure Coverage Ratio
2.52 -1.17 0.72 -1.67 8.08
Operating Cash Flow Coverage Ratio
0.99 -0.05 0.02 -0.06 0.13
Operating Cash Flow to Sales Ratio
0.04 -0.03 <0.01 -0.02 0.05
Free Cash Flow Yield
0.73%-4.44%-0.53%-3.68%7.38%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
333.23 23.33 21.35 96.02 -82.13
Price-to-Sales (P/S) Ratio
3.36 1.06 0.63 1.02 0.64
Price-to-Book (P/B) Ratio
3.79 1.48 1.33 1.83 1.19
Price-to-Free Cash Flow (P/FCF) Ratio
138.40 -22.55 -189.54 -27.20 13.55
Price-to-Operating Cash Flow Ratio
83.44 -41.82 74.42 -43.45 11.88
Price-to-Earnings Growth (PEG) Ratio
-12.12 0.90 0.09 -0.41 0.72
Price-to-Fair Value
3.79 1.48 1.33 1.83 1.19
Enterprise Value Multiple
33.35 12.25 11.82 50.28 8.90
Enterprise Value
3.74B 1.36B 924.55M 1.08B 702.25M
EV to EBITDA
33.15 12.25 11.82 50.28 8.90
EV to Sales
3.37 1.59 0.97 1.44 1.06
EV to Free Cash Flow
138.90 -33.69 -292.49 -38.48 22.41
EV to Operating Cash Flow
83.68 -62.51 114.84 -61.48 19.64
Tangible Book Value Per Share
17.06 10.67 8.61 4.81 1.32
Shareholders’ Equity Per Share
47.55 43.65 35.17 33.25 32.29
Tax and Other Ratios
Effective Tax Rate
0.21 0.24 0.25 0.16 13.11
Revenue Per Share
53.68 60.90 74.32 59.82 59.96
Net Income Per Share
0.54 2.77 2.20 0.63 -0.47
Tax Burden
0.19 0.69 0.75 0.84 -12.11
Interest Burden
0.79 0.65 0.69 0.44 <0.01
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
3.99 -0.56 0.29 -2.21 -6.92
Currency in USD
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