Science Applications International Corporation Common Stock (SAIC)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,907,000 | 1,939,000 | 1,970,000 | 1,993,000 | 2,022,000 | 2,194,000 | 2,215,000 | 2,329,000 | 2,343,000 | 2,358,000 | 2,462,000 | 2,342,000 | 2,370,000 | 2,433,000 | 2,461,000 | 2,390,000 | 2,447,000 | 2,446,000 | 2,657,000 | 2,801,000 |
| Total assets | US$ in thousands | 5,246,000 | 5,275,000 | 5,250,000 | 5,250,000 | 5,314,000 | 5,658,000 | 5,672,000 | 5,957,000 | 5,543,000 | 5,628,000 | 5,654,000 | 5,716,000 | 5,746,000 | 5,916,000 | 5,905,000 | 5,812,000 | 5,723,000 | 5,875,000 | 5,947,000 | 6,016,000 |
| Debt-to-assets ratio | 0.36 | 0.37 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.39 | 0.42 | 0.42 | 0.44 | 0.41 | 0.41 | 0.41 | 0.42 | 0.41 | 0.43 | 0.42 | 0.45 | 0.47 |
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 exhibited a downward trend over the past few years based on the provided data. The ratio decreased from 0.47 on May 1, 2020, to 0.36 on January 31, 2025. This indicates that the company has been successful in reducing its level of debt relative to its total assets over this period.
A decreasing debt-to-assets ratio is generally a positive sign as it suggests a lower level of financial risk and a stronger financial position for the company. It indicates that Science Applications International Corporation has a higher proportion of its assets financed by equity rather than debt, which can provide more financial stability during economic downturns.
The consistent decline in the debt-to-assets ratio reflects the company's effective management of its debt levels and its ability to generate sufficient earnings to cover its obligations. This trend may be appealing to investors and creditors as it demonstrates the company's commitment to maintaining a healthy balance sheet.
Overall, the decreasing debt-to-assets ratio of Science Applications International Corporation Common Stock showcases improved financial health and a prudent approach towards managing its capital structure.
Peer comparison
Jan 31, 2025