Science Applications International Corporation Common Stock (SAIC)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,907,000 | 2,022,000 | 2,343,000 | 2,370,000 | 2,447,000 |
| Total assets | US$ in thousands | 5,246,000 | 5,314,000 | 5,543,000 | 5,746,000 | 5,723,000 |
| Debt-to-assets ratio | 0.36 | 0.38 | 0.42 | 0.41 | 0.43 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,907,000K ÷ $5,246,000K
= 0.36
The debt-to-assets ratio of Science Applications International Corporation Common Stock has shown a decreasing trend over the past five years, starting at 0.43 in January 29, 2021, and declining to 0.36 in January 31, 2025. This indicates that the company has been effectively managing its debt in relation to its assets over the period in question. A decreasing debt-to-assets ratio typically suggests that the company is becoming less reliant on debt financing to support its operations. It also implies a potentially stronger financial position and lower risk for investors and creditors. Overall, the declining trend in the debt-to-assets ratio of Science Applications International Corporation Common Stock is a positive signal of financial stability and prudent financial management.
Peer comparison
Jan 31, 2025