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Science Applications International (Science Applications International) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jan. 2024)


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What is Science Applications International Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Science Applications International's annualized net income for the quarter that ended in Jan. 2024 was $156 Mil. Science Applications International's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-1,953 Mil. Therefore, Science Applications International's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was Negative Tangible Equity%.

The historical rank and industry rank for Science Applications International's Return-on-Tangible-Equity or its related term are showing as below:

SAIC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

SAIC's Return-on-Tangible-Equity is ranked better than
99.87% of 2382 companies
in the Software industry
Industry Median: 7.695 vs SAIC: Negative Tangible Equity

Science Applications International Return-on-Tangible-Equity Historical Data

The historical data trend for Science Applications International's Return-on-Tangible-Equity 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.

* Premium members only.

Science Applications International Return-on-Tangible-Equity Chart

Science Applications International Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

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
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Science Applications International's Return-on-Tangible-Equity

For the Information Technology Services subindustry, Science Applications International's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Science Applications International's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Science Applications International's Return-on-Tangible-Equity falls into.



Science Applications International Return-on-Tangible-Equity Calculation

Science Applications International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=477/( (-2226+-1960 )/ 2 )
=477/-2093
=Negative Tangible Equity %

Science Applications International's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=156/( (-1946+-1960)/ 2 )
=156/-1953
=Negative Tangible Equity %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Science Applications International  (NAS:SAIC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Science Applications International Return-on-Tangible-Equity Related Terms

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


Science Applications International (Science Applications International) Business Description

Traded in Other Exchanges
Address
12010 Sunset Hills Road, Reston, VA, USA, 20190
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