CACI International Inc (CACI)

Cash ratio

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash and cash equivalents	US$ in thousands	106,181	133,961	115,776	114,804	88,031
Short-term investments	US$ in thousands	—	—	17	337	—
Total current liabilities	US$ in thousands	1,208,110	1,078,260	993,971	1,027,360	884,801
Cash ratio		0.09	0.12	0.12	0.11	0.10

June 30, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($106,181K + $—K) ÷ $1,208,110K
= 0.09

The cash ratio of CACI International Inc has demonstrated a relatively stable yet modest trend over the analyzed period from June 30, 2021, to June 30, 2025. Starting at 0.10 in 2021, the ratio experienced a slight increase to 0.11 in 2022 and further to 0.12 in both 2023 and 2024. This indicates that in recent fiscal years, the company has maintained a liquidity buffer sufficient to cover approximately 11-12% of its current liabilities with cash and cash equivalents alone.

However, by June 30, 2025, the ratio declined to 0.09, suggesting a slight reduction in the company's immediate liquidity position relative to its short-term obligations. Throughout this period, the overall trend reflects a generally conservative approach to liquidity management, with the cash ratio remaining below 0.15, which is common for companies in the technology and professional services sectors that tend to rely on a broader set of liquid assets beyond cash alone.

The modest increase from 2021 to 2024 implies that CACI has maintained a cautious stance in preserving liquidity, while the slight decline in 2025 may point to increased utilization of cash resources, potential investments, or shifts in current liabilities. Nonetheless, the cash ratio's level suggests that the company typically maintains a conservative liquidity profile, emphasizing a focus on liquidity preservation rather than aggressive cash holdings.