Science Applications International Corporation Common Stock (SAIC)
Cash ratio
| 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 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 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 | 188,000 | 162,000 | 179,000 | 151,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 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 | 1,128,000 | 1,191,000 | 1,148,000 | 1,010,000 |
| Cash ratio | 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 | 0.17 | 0.14 | 0.16 | 0.15 |
February 2, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($94,000K
+ $—K)
÷ $1,158,000K
= 0.08
The cash ratio of Science Applications International Corporation Common Stock has exhibited fluctuations over the periods analyzed. From May 3, 2019 to Feb 2, 2024, the cash ratio ranged between 0.04 and 0.29.
The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger liquidity position, as the company has more cash on hand relative to its current liabilities. Conversely, a lower cash ratio may signal potential liquidity challenges.
The company's cash ratio reached its peak at 0.29 in Aug 4, 2023, indicating a relatively strong liquidity position at that time. However, the ratio declined to 0.08 in Oct 28, 2022, signaling a decrease in the company's ability to cover its short-term obligations with cash.
Overall, the fluctuating cash ratio of Science Applications International Corporation Common Stock suggests varying levels of liquidity over the periods analyzed. It is important for investors and stakeholders to monitor this ratio closely to assess the company's ability to meet its short-term financial obligations.
Peer comparison
Feb 2, 2024