Vse annual net debt
2010
2011
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2021
2022
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2024
2025
Vse Net Debt Growth & History (VSEC)
Vse's net debt was $273.4M for fiscal 2025.
View full Vse company overviewVse annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $273.4M | −$182.3M | −39.99% |
| 2024 | 2024-12-31 | $455.7M | $4.2M | +0.93% |
| 2023 | 2023-12-31 | $451.5M | $125.9M | +38.67% |
| 2022 | 2022-12-31 | $325.6M | $8.4M | +2.64% |
| 2021 | 2021-12-31 | $317.2M | $39.7M | +14.29% |
| 2020 | 2020-12-31 | $277.5M | −$19.9M | −6.69% |
| 2019 | 2019-12-31 | $297.4M | $135.4M | +83.56% |
| 2018 | 2018-12-31 | $162.0M | −$31.6M | −16.32% |
| 2017 | 2017-12-31 | $193.7M | −$43.6M | −18.37% |
| 2016 | 2016-12-31 | $237.2M | $5.4M | +2.35% |
| 2015 | 2015-12-31 | $231.8M | $183.6M | +381.49% |
| 2014 | 2014-12-31 | $48.1M | −$41.0M | −45.98% |
| 2013 | 2013-12-31 | $89.1M | −$55.6M | −38.44% |
| 2012 | 2012-12-31 | $144.8M | −$18.1M | −11.14% |
| 2011 | 2011-12-31 | $162.9M | $150.9M | +1255.88% |
| 2010 | 2010-12-31 | $12.0M | — | — |
Vse quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $950.2M | $549.7M | +137.26% |
| Q1 2026 | 2026-03-31 | −$836.9M | −$1.34B | — |
| Q4 2025 | 2025-12-31 | $273.4M | −$182.3M | −39.99% |
| Q3 2025 | 2025-09-30 | $384.9M | −$86.6M | −18.36% |
| Q2 2025 | 2025-06-30 | $400.5M | −$80.5M | −16.74% |
| Q1 2025 | 2025-03-31 | $498.6M | −$3.8M | −0.76% |
| Q4 2024 | 2024-12-31 | $455.7M | $4.2M | +0.93% |
| Q3 2024 | 2024-09-30 | $471.5M | $9.4M | +2.04% |
| Q2 2024 | 2024-06-30 | $481.0M | $92.5M | +23.80% |
| Q1 2024 | 2024-03-31 | $502.5M | $120.4M | +31.52% |
| Q4 2023 | 2023-12-31 | $451.5M | $125.9M | +38.67% |
| Q3 2023 | 2023-09-30 | $462.1M | $141.5M | +44.15% |
| Q2 2023 | 2023-06-30 | $388.6M | $55.8M | +16.76% |
| Q1 2023 | 2023-03-31 | $382.1M | $52.4M | +15.89% |
| Q4 2022 | 2022-12-31 | $325.6M | $8.4M | +2.64% |
| Q3 2022 | 2022-09-30 | $320.6M | $24,000 | +0.01% |
| Q2 2022 | 2022-06-30 | $332.8M | $32.9M | +10.96% |
| Q1 2022 | 2022-03-31 | $329.7M | $52.8M | +19.07% |
| Q4 2021 | 2021-12-31 | $317.2M | $39.7M | +14.29% |
| Q3 2021 | 2021-09-30 | $320.5M | $46.9M | +17.15% |
| Q2 2021 | 2021-06-30 | $299.9M | $15.7M | +5.54% |
| Q1 2021 | 2021-03-31 | $276.9M | −$21.3M | −7.14% |
| Q4 2020 | 2020-12-31 | $277.5M | −$19.9M | −6.69% |
| Q3 2020 | 2020-09-30 | $273.6M | −$22.9M | −7.73% |
| Q2 2020 | 2020-06-30 | $284.2M | −$24.0M | −7.80% |
| Q1 2020 | 2020-03-31 | $298.2M | −$7.2M | −2.37% |
| Q4 2019 | 2019-12-31 | $297.4M | $135.4M | +83.56% |
| Q3 2019 | 2019-09-30 | $296.5M | $122.6M | +70.45% |
| Q2 2019 | 2019-06-30 | $308.2M | $127.5M | +70.56% |
| Q1 2019 | 2019-03-31 | $305.4M | $143.6M | +88.79% |
| Q4 2018 | 2018-12-31 | $162.0M | −$31.6M | −16.32% |
| Q3 2018 | 2018-09-30 | $174.0M | −$6.4M | −3.52% |
| Q2 2018 | 2018-06-30 | $180.7M | −$18.0M | −9.07% |
| Q1 2018 | 2018-03-31 | $161.8M | −$53.8M | −24.96% |
| Q4 2017 | 2017-12-31 | $193.7M | −$43.6M | −18.37% |
| Q3 2017 | 2017-09-30 | $180.3M | −$50.6M | −21.91% |
| Q2 2017 | 2017-06-30 | $198.7M | −$32.6M | −14.11% |
| Q1 2017 | 2017-03-31 | $215.6M | −$3.7M | −1.70% |
| Q4 2016 | 2016-12-31 | $237.2M | $5.4M | +2.35% |
| Q3 2016 | 2016-09-30 | $230.9M | −$13.7M | −5.62% |
| Q2 2016 | 2016-06-30 | $231.4M | −$10.2M | −4.24% |
| Q1 2016 | 2016-03-31 | $219.3M | −$23.8M | −9.78% |
| Q4 2015 | 2015-12-31 | $231.8M | $183.6M | +381.49% |
| Q3 2015 | 2015-09-30 | $244.6M | $188.0M | +331.86% |
| Q2 2015 | 2015-06-30 | $241.6M | $174.9M | +261.88% |
| Q1 2015 | 2015-03-31 | $243.1M | $165.9M | +215.03% |
| Q4 2014 | 2014-12-31 | $48.1M | −$41.0M | −45.98% |
| Q3 2014 | 2014-09-30 | $56.6M | −$47.5M | −45.63% |
| Q2 2014 | 2014-06-30 | $66.8M | −$51.2M | −43.43% |
| Q1 2014 | 2014-03-31 | $77.2M | −$48.3M | −38.52% |
| Q4 2013 | 2013-12-31 | $89.1M | −$55.6M | −38.44% |
| Q3 2013 | 2013-09-30 | $104.2M | −$49.7M | −32.28% |
| Q2 2013 | 2013-06-30 | $118.0M | −$46.8M | −28.40% |
| Q1 2013 | 2013-03-31 | $125.5M | −$44.7M | −26.26% |
| Q4 2012 | 2012-12-31 | $144.8M | −$18.1M | −11.14% |
| Q3 2012 | 2012-09-30 | $153.9M | −$10.3M | −6.26% |
| Q2 2012 | 2012-06-30 | $164.8M | −$26.7M | −13.93% |
| Q1 2012 | 2012-03-31 | $170.2M | — | — |
| Q4 2011 | 2011-12-31 | $162.9M | $150.9M | +1255.88% |
| Q3 2011 | 2011-09-30 | $164.1M | — | — |
| Q2 2011 | 2011-06-30 | $191.5M | — | — |
| Q4 2010 | 2010-12-31 | $12.0M | — | — |
Vse net debt trends
Over the last five fiscal years, Vse's net debt decreased from $277.5M to $273.4M, a change of −$4.1M. The latest reported quarter, Q2 2026, shows $950.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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