Science Applications International (Science Applications International) Interest Coverage : 0 (At Loss) (As of Jan. 2024)

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What is Science Applications International Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Science Applications International's Operating Income for the three months ended in Jan. 2024 was $-161 Mil. Science Applications International's Interest Expense for the three months ended in Jan. 2024 was $-23 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Science Applications International's Interest Coverage or its related term are showing as below:

SAIC' s Interest Coverage Range Over the Past 10 Years
Min: 3.64 Med: 5.04 Max: 14.12
Current: 4.18

SAIC's Interest Coverage is ranked worse than
81.25% of 1600 companies
in the Software industry
Industry Median: 29.37 vs SAIC: 4.18

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Science Applications International Interest Coverage Historical Data

The historical data trend for Science Applications International's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Science Applications International Interest Coverage Chart

Science Applications International Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Coverage

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4.64

3.64

4.91

4.36

4.18

Science Applications International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Coverage	Get a 7-Day Free Trial															3.87	4.76	11.00	4.61	-

Competitive Comparison of Science Applications International's Interest Coverage

For the Information Technology Services subindustry, Science Applications International's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Science Applications International's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Science Applications International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Science Applications International's Interest Coverage falls into.

Science Applications International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Science Applications International's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Science Applications International's Interest Expense was $-120 Mil. Its Operating Income was $502 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,169 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jan. 2024 )	/	Interest Expense (A: Jan. 2024 )
	=	-1	*	502	/	-120
	=	4.18

Science Applications International's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Science Applications International's Interest Expense was $-23 Mil. Its Operating Income was $-161 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,169 Mil.

Science Applications International did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Science Applications International (NAS:SAIC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Science Applications International Interest Coverage Related Terms

Thank you for viewing the detailed overview of Science Applications International's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Science Applications International (Science Applications International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Science Applications International Corp (NAS:SAIC) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

85S:Germany

Address

12010 Sunset Hills Road, Reston, VA, USA, 20190

Website

https://www.saic.com

Science Applications International Corp provides technical, engineering and enterprise IT services primarily to the U.S. government. Specifically, the company offers engineering, systems integration and information technology for large government projects and a broad range of services with an emphasis on higher-end technology services. The company's end-to-end enterprise IT offerings span the entire spectrum of customers' IT infrastructure.

Executives

Michelle A. O'hara	officer: EVP, CHRO	12010 SUNSET HILLS ROAD, RESTON VA 20190
Donna S Morea	director	214 N TRYON STREET, CHARLOTTE NC 28202
Robert S. Genter	officer: EVP, CGM, Civilian Markets	12010 SUNSET HILLS ROAD, RESTON VA 20190
Toni Townes-whitley	director, officer: Chief Executive Officer	8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Dana S Deasy	director
Michael W. Larouche	officer: EVP, CGM, National Security	12010 SUNSET HILLS ROAD, RESTON VA 20190
Katharina G. Mcfarland	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Nazzic S Keene	officer: COO, Sector President	1710 SAIC DRIVE, MCLEAN VA 22102
James Reagan	director	C/O DELTEK, 13880 DULLES CORNER LANE, HERNDON VA 20171
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Hilary Hageman	officer: EVP General Counsel, Secretary	9333 BALBOA AVENUE, SAN DIEGO CA 92123
Timothy J Mayopoulos	director	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Steven G Mahon	officer: EVP General Counsel, Secretary	C/O MTS SYSTEMS CORPORATION, 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Prabu Natarajan	officer: EVP, Chief Financial Officer	12010 SUNSET HILLS ROAD, RESTON VA 20190
Milford W Mcguirt	director	3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339