Science Applications International Corporation Common Stock (SAIC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,577,000 | 1,612,000 | 1,625,000 | 1,759,000 | 1,785,000 | 1,828,000 | 1,843,000 | 1,692,000 | 1,694,000 | 1,686,000 | 1,643,000 | 1,640,000 | 1,619,000 | 1,635,000 | 1,618,000 | 1,577,000 | 1,542,000 | 1,499,000 | 1,437,000 | 1,395,000 |
| Debt-to-capital ratio | 0.55 | 0.55 | 0.55 | 0.53 | 0.53 | 0.55 | 0.55 | 0.58 | 0.58 | 0.58 | 0.60 | 0.59 | 0.59 | 0.60 | 0.60 | 0.60 | 0.61 | 0.62 | 0.65 | 0.67 |
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 decreasing trend over the past five years, declining from 0.67 on May 1, 2020, to 0.55 on January 31, 2025. This downward trend indicates that the company has been effectively managing its debt levels in relation to its total capital structure.
A debt-to-capital ratio below 1 suggests that the company has more equity financing than debt financing in its capital structure. This can be seen as a positive sign, as lower debt levels generally indicate lower financial risk and greater financial stability for the company.
With the debt-to-capital ratio consistently hovering around the 0.60 mark in recent quarters, it indicates that Science Applications International Corporation Common Stock has maintained a relatively stable balance between debt and equity in its capital structure. This balance is essential for the company to meet its financial obligations while also maximizing shareholder value.
Overall, the decreasing trend in the debt-to-capital ratio of Science Applications International Corporation Common Stock reflects a prudent approach to managing its capital structure and financial leverage, which can contribute to long-term financial sustainability and shareholder confidence.
Peer comparison
Jan 31, 2025