VSE Corporation (VSEC) — Financial Flexibility Index

Latest as of September 2025: 0.05x

VSE Corporation (VSEC) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $30.14 Million (operating CF $24.09 Million minus capex $6.05 Million) represents 0% of total liabilities ($577.11 Million). Check VSE Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$30.14 Million
Operating CF − Capex

Total Liabilities

$577.11 Million
USD

Capital Expenditures

$6.05 Million
USD

VSE Corporation Financial Flexibility Index (1990–2024)

Historical Financial Flexibility Index trend for VSE Corporation across 35 annual periods. For the full cash flow conversion analysis, see VSEC cash flow conversion.

Annual Financial Flexibility Index for VSE Corporation (1990–2024)

Year-by-year free cash flow to debt coverage for VSE Corporation. Explore debt repayment capacity of VSE Corporation to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.01x $-10.33 Million $-31.04 Million $746.43 Million ▼ -221.1%
2023 0.00x $-3.16 Million $-21.83 Million $733.61 Million ▼ -112.3%
2022 0.04x $19.26 Million $8.05 Million $550.26 Million ▲ +347.8%
2021 -0.01x $-7.08 Million $-17.60 Million $501.23 Million ▼ -114.9%
2020 0.09x $40.19 Million $35.76 Million $423.76 Million ▲ +65.7%
2019 0.06x $27.62 Million $17.99 Million $482.76 Million ▼ -19.2%
2018 0.07x $21.97 Million $18.86 Million $310.43 Million ▼ -56.1%
2017 0.16x $54.16 Million $50.42 Million $335.92 Million ▲ +22.0%
2016 0.13x $53.74 Million $47.19 Million $406.64 Million ▲ +6.5%
2015 0.12x $48.14 Million $37.57 Million $388.05 Million ▼ -65.0%
2014 0.35x $53.13 Million $49.72 Million $149.84 Million ▲ +12.6%
2013 0.31x $61.01 Million $56.60 Million $193.73 Million ▼ -3.6%
2012 0.33x $80.34 Million $59.48 Million $245.88 Million ▲ +148.4%
2011 0.13x $40.90 Million $34.26 Million $310.91 Million ▼ -4.1%
2010 0.14x $22.59 Million $17.79 Million $164.65 Million ▼ -36.6%
2009 0.22x $33.02 Million $24.39 Million $152.68 Million ▲ +31.2%
2008 0.16x $32.94 Million $22.93 Million $199.84 Million ▲ +12.0%
2007 0.15x $16.98 Million $8.25 Million $115.39 Million ▲ +22.4%
2006 0.12x $7.25 Million $1.63 Million $60.30 Million ▼ -69.6%
2005 0.40x $17.29 Million $15.63 Million $43.72 Million ▲ +345.7%
2004 -0.16x $-6.01 Million $-8.71 Million $37.31 Million ▼ -149.2%
2003 0.33x $7.11 Million $6.39 Million $21.72 Million ▼ -12.9%
2002 0.38x $5.50 Million $4.98 Million $14.63 Million ▲ +83.1%
2001 0.21x $3.44 Million $1.41 Million $16.73 Million ▲ +32.1%
2000 0.16x $2.44 Million $2.02 Million $15.73 Million ▼ -53.4%
1999 0.33x $5.40 Million $4.20 Million $16.20 Million ▲ +78.7%
1998 0.19x $5.00 Million $3.40 Million $26.80 Million ▼ -53.8%
1997 0.40x $10.30 Million $8.10 Million $25.50 Million ▲ +816.4%
1996 -0.06x $-1.90 Million $-4.40 Million $33.70 Million ▼ -151.4%
1995 0.11x $1.70 Million $-400.00K $15.50 Million ▼ -85.2%
1994 0.74x $6.80 Million $6.10 Million $9.20 Million ▲ +291.1%
1993 0.19x $2.40 Million $1.30 Million $12.70 Million ▼ -53.0%
1992 0.40x $4.50 Million $3.10 Million $11.20 Million ▲ +70.1%
1991 0.24x $3.00 Million $2.10 Million $12.70 Million ▼ -41.3%
1990 0.40x $13.20 Million $9.40 Million $32.80 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities