Science Applications: No material debt maturities until October 2025

By Devika Patel

Knoxville, Tenn., April 4 – Science Applications International Corp. has no significant maturities until October 2025 and management is pleased with the company’s capital structure and debt maturity profile.

“Our capital structure and debt maturity profile is in good shape with no meaningful maturities until October 2025,” executive vice president and chief financial officer Prabu Natarajan said on the company’s fourth quarter and year ended Feb. 3 earnings conference call on Monday.

Cash and cash equivalents were $109 million as of Feb. 3, 2023, compared to $106 million as of Jan. 28, 2022.

Long-term debt, net of current portion, was $2,343,000,000 as of Feb. 3, 2023, compared to $2.37 billion as of Jan. 28, 2022.

Current portion of long-term debt was $31 million as of Feb. 3, 2023, compared to $148 million as of Jan. 28, 2022.

Science Applications is a Reston, Va.-based technology integrator.

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