Vse annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Vse Debt-to-Equity Ratio Growth & History (VSEC)
Vse's debt-to-equity ratio was 0.24 for fiscal 2025.
View full Vse company overviewVse annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.24 | −0.25 | −51.48% |
| 2024 | 2024-12-31 | 0.49 | −0.25 | −34.06% |
| 2023 | 2023-12-31 | 0.74 | 0.02 | +2.72% |
| 2022 | 2022-12-31 | 0.72 | −0.04 | −4.78% |
| 2021 | 2021-12-31 | 0.76 | −0.02 | −2.39% |
| 2020 | 2020-12-31 | 0.78 | −0.04 | −5.01% |
| 2019 | 2019-12-31 | 0.82 | 0.33 | +66.25% |
| 2018 | 2018-12-31 | 0.49 | −0.17 | −25.48% |
| 2017 | 2017-12-31 | 0.66 | −0.27 | −28.82% |
| 2016 | 2016-12-31 | 0.93 | −0.08 | −8.16% |
| 2015 | 2015-12-31 | 1.01 | 0.78 | +330.50% |
| 2014 | 2014-12-31 | 0.24 | −0.24 | −50.74% |
| 2013 | 2013-12-31 | 0.48 | −0.41 | −46.27% |
| 2012 | 2012-12-31 | 0.89 | −0.25 | −21.76% |
| 2011 | 2011-12-31 | 1.14 | 0.99 | +691.97% |
| 2010 | 2010-12-31 | 0.14 | — | — |
Vse quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.35 | −0.08 | −17.96% |
| Q1 2026 | 2026-03-31 | 0.15 | −0.37 | −70.79% |
| Q4 2025 | 2025-12-31 | 0.24 | −0.25 | −51.48% |
| Q3 2025 | 2025-09-30 | 0.40 | −0.21 | −34.21% |
| Q2 2025 | 2025-06-30 | 0.43 | −0.21 | −33.41% |
| Q1 2025 | 2025-03-31 | 0.52 | −0.32 | −38.27% |
| Q4 2024 | 2024-12-31 | 0.49 | −0.25 | −34.06% |
| Q3 2024 | 2024-09-30 | 0.61 | −0.18 | −23.16% |
| Q2 2024 | 2024-06-30 | 0.64 | −0.20 | −23.55% |
| Q1 2024 | 2024-03-31 | 0.84 | 0.00 | +0.08% |
| Q4 2023 | 2023-12-31 | 0.74 | 0.02 | +2.72% |
| Q3 2023 | 2023-09-30 | 0.79 | 0.07 | +10.02% |
| Q2 2023 | 2023-06-30 | 0.84 | 0.06 | +8.37% |
| Q1 2023 | 2023-03-31 | 0.84 | 0.06 | +7.38% |
| Q4 2022 | 2022-12-31 | 0.72 | −0.04 | −4.78% |
| Q3 2022 | 2022-09-30 | 0.72 | −0.06 | −7.80% |
| Q2 2022 | 2022-06-30 | 0.77 | 0.02 | +3.29% |
| Q1 2022 | 2022-03-31 | 0.78 | 0.11 | +16.43% |
| Q4 2021 | 2021-12-31 | 0.76 | −0.02 | −2.39% |
| Q3 2021 | 2021-09-30 | 0.78 | −0.00 | −0.19% |
| Q2 2021 | 2021-06-30 | 0.75 | −0.08 | −9.82% |
| Q1 2021 | 2021-03-31 | 0.67 | −0.15 | −17.92% |
| Q4 2020 | 2020-12-31 | 0.78 | −0.04 | −5.01% |
| Q3 2020 | 2020-09-30 | 0.78 | −0.05 | −6.46% |
| Q2 2020 | 2020-06-30 | 0.83 | −0.06 | −7.05% |
| Q1 2020 | 2020-03-31 | 0.82 | −0.09 | −10.14% |
| Q4 2019 | 2019-12-31 | 0.82 | 0.33 | +66.25% |
| Q3 2019 | 2019-09-30 | 0.84 | 0.29 | +53.30% |
| Q2 2019 | 2019-06-30 | 0.89 | 0.31 | +53.16% |
| Q1 2019 | 2019-03-31 | 0.91 | 0.37 | +69.46% |
| Q4 2018 | 2018-12-31 | 0.49 | −0.17 | −25.48% |
| Q3 2018 | 2018-09-30 | 0.55 | −0.11 | −16.35% |
| Q2 2018 | 2018-06-30 | 0.58 | −0.15 | −20.99% |
| Q1 2018 | 2018-03-31 | 0.54 | −0.28 | −34.69% |
| Q4 2017 | 2017-12-31 | 0.66 | −0.27 | −28.82% |
| Q3 2017 | 2017-09-30 | 0.65 | −0.28 | −29.85% |
| Q2 2017 | 2017-06-30 | 0.74 | −0.22 | −23.27% |
| Q1 2017 | 2017-03-31 | 0.82 | −0.11 | −11.90% |
| Q4 2016 | 2016-12-31 | 0.93 | −0.08 | −8.16% |
| Q3 2016 | 2016-09-30 | 0.93 | −0.17 | −15.64% |
| Q2 2016 | 2016-06-30 | 0.96 | −0.16 | −14.21% |
| Q1 2016 | 2016-03-31 | 0.93 | −0.22 | −19.34% |
| Q4 2015 | 2015-12-31 | 1.01 | 0.78 | +330.50% |
| Q3 2015 | 2015-09-30 | 1.10 | 0.82 | +291.25% |
| Q2 2015 | 2015-06-30 | 1.12 | 0.78 | +231.25% |
| Q1 2015 | 2015-03-31 | 1.15 | 0.75 | +187.42% |
| Q4 2014 | 2014-12-31 | 0.24 | −0.24 | −50.74% |
| Q3 2014 | 2014-09-30 | 0.28 | −0.29 | −50.87% |
| Q2 2014 | 2014-06-30 | 0.34 | −0.33 | −49.46% |
| Q1 2014 | 2014-03-31 | 0.40 | −0.34 | −46.16% |
| Q4 2013 | 2013-12-31 | 0.48 | −0.41 | −46.27% |
| Q3 2013 | 2013-09-30 | 0.57 | −0.38 | −39.95% |
| Q2 2013 | 2013-06-30 | 0.67 | −0.39 | −36.64% |
| Q1 2013 | 2013-03-31 | 0.75 | −0.39 | −34.14% |
| Q4 2012 | 2012-12-31 | 0.89 | −0.25 | −21.76% |
| Q3 2012 | 2012-09-30 | 0.95 | −0.24 | −20.13% |
| Q2 2012 | 2012-06-30 | 1.06 | −0.39 | −27.10% |
| Q1 2012 | 2012-03-31 | 1.13 | — | — |
| Q4 2011 | 2011-12-31 | 1.14 | 0.99 | +691.97% |
| Q3 2011 | 2011-09-30 | 1.20 | — | — |
| Q2 2011 | 2011-06-30 | 1.45 | — | — |
| Q4 2010 | 2010-12-31 | 0.14 | — | — |
Vse debt-to-equity ratio trends
Over the last five fiscal years, Vse's debt-to-equity ratio decreased from 0.78 to 0.24, a change of −0.54. The latest reported quarter, Q2 2026, shows 0.35.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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