Science Applications International Corporation Common Stock (SAIC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,577,000 | 1,785,000 | 1,694,000 | 1,619,000 | 1,542,000 |
| Debt-to-capital ratio | 0.55 | 0.53 | 0.58 | 0.59 | 0.61 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,907,000K ÷ ($1,907,000K + $1,577,000K)
= 0.55
The debt-to-capital ratio of Science Applications International Corporation Common Stock has shown a slight decline over the past five years, indicating a decreasing level of financial leverage. The ratio decreased from 0.61 as of January 29, 2021, to 0.55 as of January 31, 2025. This decrease suggests that the company has either been reducing its debt levels relative to its total capital or increasing its capital base, which could be interpreted as a positive sign for the company's financial health and stability. A lower debt-to-capital ratio generally indicates lower financial risk and greater financial flexibility for the company. However, it is important to consider other factors such as the overall financial position of the company and industry benchmarks when evaluating the significance of this trend.
Peer comparison
Jan 31, 2025