VSE Corporation (VSEC) — Cash Flow-to-Debt Ratio
VSE Corporation (VSEC) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of $24.09 Million could theoretically repay 0% of its total liabilities ($577.11 Million) in one year. See VSE Corporation (VSEC) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
VSE Corporation Cash Flow-to-Debt Ratio (1990–2024)
Historical debt coverage capacity for VSE Corporation across 35 annual periods. Also explore VSEC net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for VSE Corporation (1990–2024)
Year-by-year debt coverage analysis for VSE Corporation. For market capitalisation and broader financial context, see VSE Corporation market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.04x | $-31.04 Million | $746.43 Million | ▼ -39.7% |
| 2023 | -0.03x | $-21.83 Million | $733.61 Million | ▼ -303.4% |
| 2022 | 0.01x | $8.05 Million | $550.26 Million | ▲ +141.7% |
| 2021 | -0.04x | $-17.60 Million | $501.23 Million | ▼ -141.6% |
| 2020 | 0.08x | $35.76 Million | $423.76 Million | ▲ +126.4% |
| 2019 | 0.04x | $17.99 Million | $482.76 Million | ▼ -38.6% |
| 2018 | 0.06x | $18.86 Million | $310.43 Million | ▼ -59.5% |
| 2017 | 0.15x | $50.42 Million | $335.92 Million | ▲ +29.3% |
| 2016 | 0.12x | $47.19 Million | $406.64 Million | ▲ +19.9% |
| 2015 | 0.10x | $37.57 Million | $388.05 Million | ▼ -70.8% |
| 2014 | 0.33x | $49.72 Million | $149.84 Million | ▲ +13.6% |
| 2013 | 0.29x | $56.60 Million | $193.73 Million | ▲ +20.8% |
| 2012 | 0.24x | $59.48 Million | $245.88 Million | ▲ +119.5% |
| 2011 | 0.11x | $34.26 Million | $310.91 Million | ▲ +2.0% |
| 2010 | 0.11x | $17.79 Million | $164.65 Million | ▼ -32.4% |
| 2009 | 0.16x | $24.39 Million | $152.68 Million | ▲ +39.2% |
| 2008 | 0.11x | $22.93 Million | $199.84 Million | ▲ +60.5% |
| 2007 | 0.07x | $8.25 Million | $115.39 Million | ▲ +164.3% |
| 2006 | 0.03x | $1.63 Million | $60.30 Million | ▼ -92.4% |
| 2005 | 0.36x | $15.63 Million | $43.72 Million | ▲ +253.2% |
| 2004 | -0.23x | $-8.71 Million | $37.31 Million | ▼ -179.4% |
| 2003 | 0.29x | $6.39 Million | $21.72 Million | ▼ -13.5% |
| 2002 | 0.34x | $4.98 Million | $14.63 Million | ▲ +304.0% |
| 2001 | 0.08x | $1.41 Million | $16.73 Million | ▼ -34.4% |
| 2000 | 0.13x | $2.02 Million | $15.73 Million | ▼ -50.5% |
| 1999 | 0.26x | $4.20 Million | $16.20 Million | ▲ +104.4% |
| 1998 | 0.13x | $3.40 Million | $26.80 Million | ▼ -60.1% |
| 1997 | 0.32x | $8.10 Million | $25.50 Million | ▲ +343.3% |
| 1996 | -0.13x | $-4.40 Million | $33.70 Million | ▼ -405.9% |
| 1995 | -0.03x | $-400.00K | $15.50 Million | ▼ -103.9% |
| 1994 | 0.66x | $6.10 Million | $9.20 Million | ▲ +547.7% |
| 1993 | 0.10x | $1.30 Million | $12.70 Million | ▼ -63.0% |
| 1992 | 0.28x | $3.10 Million | $11.20 Million | ▲ +67.4% |
| 1991 | 0.17x | $2.10 Million | $12.70 Million | ▼ -42.3% |
| 1990 | 0.29x | $9.40 Million | $32.80 Million | — |