Science Applications International Corporation Common Stock (SAIC)
Cash ratio
| Jan 31, 2025 | Nov 1, 2024 | Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 56,000 | 46,000 | 48,000 | 49,000 | 94,000 | 311,000 | 352,000 | 422,000 | 109,000 | 53,000 | 99,000 | 56,000 | 106,000 | 148,000 | 133,000 | 261,000 | 171,000 | 182,000 | 197,000 | 276,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,396,000 | 1,337,000 | 1,292,000 | 1,154,000 | 1,158,000 | 1,226,000 | 1,212,000 | 1,553,000 | 1,126,000 | 1,230,000 | 1,190,000 | 1,334,000 | 1,352,000 | 1,395,000 | 1,383,000 | 1,398,000 | 1,275,000 | 1,433,000 | 1,373,000 | 1,452,000 |
| Cash ratio | 0.04 | 0.03 | 0.04 | 0.04 | 0.08 | 0.25 | 0.29 | 0.27 | 0.10 | 0.04 | 0.08 | 0.04 | 0.08 | 0.11 | 0.10 | 0.19 | 0.13 | 0.13 | 0.14 | 0.19 |
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 of Science Applications International Corporation Common Stock has fluctuated over the specified periods, ranging from 0.03 to 0.29. The cash ratio indicates the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio signifies a stronger ability to meet short-term obligations.
Observing the trend, we can see that the cash ratio was relatively stable around 0.1 to 0.2 from May 2020 to May 2023, with occasional fluctuations. From August 2022 to February 2023, there was a notable increase in the cash ratio, reaching its peak at 0.29 in August 2023. This suggests a significant improvement in the company's liquidity position during that period.
However, the cash ratio took a downturn from November 2023 to January 2025, falling back to the range of 0.03 to 0.04. This decrease may indicate a potential liquidity challenge as the company's cash and cash equivalents may not be sufficient to cover its short-term obligations during this period.
Overall, while the cash ratio of Science Applications International Corporation has shown fluctuations, it is essential for investors and analysts to keep a close eye on the company's liquidity position to assess its ability to meet financial obligations in a timely manner.
Peer comparison
Jan 31, 2025