Science Applications International Corporation Common Stock (SAIC)

Current 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
Total current assets US$ in thousands 1,154,000 1,160,000 1,103,000 1,091,000 1,131,000 1,388,000 1,384,000 1,675,000 1,197,000 1,247,000 1,270,000 1,291,000 1,263,000 1,383,000 1,343,000 1,440,000 1,289,000 1,401,000 1,413,000 1,525,000
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
Current ratio 0.83 0.87 0.85 0.95 0.98 1.13 1.14 1.08 1.06 1.01 1.07 0.97 0.93 0.99 0.97 1.03 1.01 0.98 1.03 1.05

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 has shown fluctuations over the reported periods, ranging from a low of 0.85 to a high of 1.14. The current ratio indicates the company's ability to cover its short-term obligations with its current assets.

The trend analysis reveals that the current ratio experienced a decline from January 2022 to August 2024, indicating potential liquidity challenges or increased short-term liabilities relative to current assets during that period. However, the current ratio improved in the subsequent periods, reaching a peak of 1.14 by November 3, 2023.

Overall, the current ratio of Science Applications International Corporation Common Stock displayed volatility but generally remained above 1, suggesting that the company had an adequate level of current assets to cover its short-term liabilities during most of the reported periods. However, investors and stakeholders may want to carefully monitor future changes in the current ratio to assess the company's ongoing liquidity position.