Science Applications International Corporation Common Stock (SAIC)
Cash ratio
| Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 56,000 | 94,000 | 109,000 | 106,000 | 171,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,396,000 | 1,158,000 | 1,126,000 | 1,352,000 | 1,275,000 |
| Cash ratio | 0.04 | 0.08 | 0.10 | 0.08 | 0.13 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($56,000K
+ $—K)
÷ $1,396,000K
= 0.04
The cash ratio for Science Applications International Corporation Common Stock has exhibited a decreasing trend over the past five years, indicating a decline in the company's ability to cover its short-term liabilities with its cash and cash equivalents. Starting at 0.13 in January 2021, the ratio decreased to 0.08 by January 2022, maintained at 0.08 until February 2, 2024, and then dropped further to 0.04 by January 31, 2025.
A declining cash ratio may suggest potential liquidity challenges for the company, as it may be relying more on other sources of funding to meet its short-term obligations. This could raise concerns about the company's financial health and its ability to handle unexpected expenses or economic downturns. Management should closely monitor and improve the cash position to ensure the company's financial stability and flexibility in the future.
Peer comparison
Jan 31, 2025