Science Applications International Corporation Common Stock (SAIC)

Debt-to-equity 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-equity ratio 1.21 1.20 1.21 1.13 1.13 1.20 1.20 1.38 1.38 1.40 1.50 1.43 1.46 1.49 1.52 1.52 1.59 1.63 1.85 2.01

January 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,907,000K ÷ $1,577,000K
= 1.21

The debt-to-equity ratio of Science Applications International Corporation Common Stock has been gradually decreasing from 2.01 as of May 1, 2020, to 1.21 as of January 31, 2025. This downward trend indicates that the company has been reducing its reliance on debt in comparison to equity over the analyzed period. Generally, a decreasing debt-to-equity ratio suggests that the company is becoming less leveraged and potentially more financially stable. It implies that the company is financing a smaller portion of its operations through debt and relying more on equity, which could be a positive indicator for investors and creditors. However, it is essential to note that individual financial metrics should be analyzed in conjunction with other factors to gain a comprehensive understanding of a company's financial health and performance.