Science Applications International Corporation Common Stock (SAIC)
Current ratio
| Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,154,000 | 1,131,000 | 1,197,000 | 1,263,000 | 1,289,000 |
| Total current liabilities | US$ in thousands | 1,396,000 | 1,158,000 | 1,126,000 | 1,352,000 | 1,275,000 |
| Current ratio | 0.83 | 0.98 | 1.06 | 0.93 | 1.01 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,154,000K ÷ $1,396,000K
= 0.83
The current ratio of Science Applications International Corporation Common Stock, a key liquidity ratio, has fluctuated over the past five years. As of January 29, 2021, the current ratio stood at 1.01, indicating that the company had just enough current assets to cover its current liabilities. However, by January 28, 2022, the ratio decreased to 0.93, suggesting a potential strain on the company's short-term liquidity position.
On February 3, 2023, the current ratio improved to 1.06, showing a stronger ability to meet its short-term obligations. Nonetheless, by February 2, 2024, the ratio dropped back to 0.98, signaling a slight decline in liquidity compared to the previous year.
As of January 31, 2025, the current ratio fell significantly to 0.83, signaling potential challenges in meeting its current liabilities with available current assets. Overall, the fluctuation in Science Applications International Corporation's current ratio over the years indicates varying levels of liquidity and ability to cover short-term obligations efficiently. Stakeholders should closely monitor this trend to assess the company's financial health and operational efficiency.
Peer comparison
Jan 31, 2025