VSE Corporation
VSE Corporation provides aviation aftermarket parts distribution and maintenance, repair, and overhaul services for air transportation assets for commercial and government markets. The company was incorporated in 1959 and is headquartered in Miramar, Florida.
VSE Corporation (VSEC) - Total Assets
Latest total assets as of September 2025: $1.56 Billion USD
Based on the latest financial reports, VSE Corporation (VSEC) holds total assets worth $1.56 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
VSE Corporation - Total Assets Trend (1985–2024)
This chart illustrates how VSE Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VSE Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
VSE Corporation's total assets of $1.56 Billion consist of 50.4% current assets and 49.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $227.52 Million | 13.1% |
| Inventory | $576.32 Million | 33.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $197.28 Million | 11.4% |
| Goodwill | $491.45 Million | 28.3% |
Asset Composition Trend (1985–2024)
This chart illustrates how VSE Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VSE Corporation's current assets represent 50.4% of total assets in 2024, a decrease from 69.9% in 1985.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 2.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is inventory at 33.2% of total assets.
VSE Corporation Competitors by Total Assets
Key competitors of VSE Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
VSE Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - VSE Corporation generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, VSE Corporation generates $ 1.76 in net profit.
VSE Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.94 | 3.69 | 2.55 |
| Quick Ratio | 1.41 | 1.15 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $538.93 Million | $ 565.19 Million | $ 215.73 Million |
VSE Corporation - Advanced Valuation Insights
This section examines the relationship between VSE Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.76 |
| Latest Market Cap to Assets Ratio | 2.11 |
| Asset Growth Rate (YoY) | 28.5% |
| Total Assets | $1.73 Billion |
| Market Capitalization | $3.67 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values VSE Corporation's assets at a significant premium ( 2.11x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: VSE Corporation's assets grew by 28.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VSE Corporation (1985–2024)
The table below shows the annual total assets of VSE Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.73 Billion | +28.46% |
| 2023-12-31 | $1.35 Billion | +35.06% |
| 2022-12-31 | $999.79 Million | +8.84% |
| 2021-12-31 | $918.56 Million | +17.75% |
| 2020-12-31 | $780.08 Million | -7.78% |
| 2019-12-31 | $845.86 Million | +32.41% |
| 2018-12-31 | $638.83 Million | +1.56% |
| 2017-12-31 | $629.01 Million | -4.96% |
| 2016-12-31 | $661.84 Million | +6.38% |
| 2015-12-31 | $622.13 Million | +75.09% |
| 2014-12-31 | $355.33 Million | -6.62% |
| 2013-12-31 | $380.53 Million | -7.24% |
| 2012-12-31 | $410.21 Million | -9.75% |
| 2011-12-31 | $454.51 Million | +57.58% |
| 2010-12-31 | $288.43 Million | +13.56% |
| 2009-12-31 | $253.99 Million | -7.96% |
| 2008-12-31 | $275.97 Million | +60.66% |
| 2007-12-31 | $171.77 Million | +74.32% |
| 2006-12-31 | $98.53 Million | +33.40% |
| 2005-12-31 | $73.87 Million | +22.39% |
| 2004-12-31 | $60.35 Million | +48.01% |
| 2003-12-31 | $40.78 Million | +28.72% |
| 2002-12-31 | $31.68 Million | -4.61% |
| 2001-12-31 | $33.21 Million | +5.35% |
| 2000-12-31 | $31.52 Million | +0.71% |
| 1999-12-31 | $31.30 Million | -23.10% |
| 1998-12-31 | $40.70 Million | +7.11% |
| 1997-12-31 | $38.00 Million | -21.33% |
| 1996-12-31 | $48.30 Million | +65.98% |
| 1995-12-31 | $29.10 Million | +36.62% |
| 1994-12-31 | $21.30 Million | -9.36% |
| 1993-12-31 | $23.50 Million | +12.98% |
| 1992-12-31 | $20.80 Million | -39.36% |
| 1991-12-31 | $34.30 Million | -42.45% |
| 1990-12-31 | $59.60 Million | -17.45% |
| 1989-12-31 | $72.20 Million | +0.42% |
| 1988-12-31 | $71.90 Million | +24.18% |
| 1987-12-31 | $57.90 Million | +2.12% |
| 1986-12-31 | $56.70 Million | +24.62% |
| 1985-12-31 | $45.50 Million | -- |