CACI International Inc (CACI)
Cash ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 106,181 | 223,897 | 175,707 | 440,706 | 133,961 | 159,226 | 128,851 | 125,546 | 115,776 | 106,789 | 114,738 | 136,636 | 114,804 | 125,074 | 124,103 | 104,430 | 88,031 | 105,591 | 102,114 | 124,862 |
| Short-term investments | US$ in thousands | — | — | — | -26,515 | — | 777 | 1,438 | 2,363 | 17 | 703 | 1,305 | 1,952 | 337 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,208,110 | 1,076,710 | 1,071,480 | 1,001,100 | 1,078,260 | 1,084,840 | 986,126 | 1,100,130 | 993,971 | 1,064,460 | 981,648 | 965,831 | 1,027,360 | 927,442 | 937,019 | 836,274 | 884,801 | 842,891 | 772,804 | 753,354 |
| Cash ratio | 0.09 | 0.21 | 0.16 | 0.41 | 0.12 | 0.15 | 0.13 | 0.12 | 0.12 | 0.10 | 0.12 | 0.14 | 0.11 | 0.13 | 0.13 | 0.12 | 0.10 | 0.13 | 0.13 | 0.17 |
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 over the specified period demonstrates notable fluctuation. Starting at 0.17 as of September 30, 2020, the ratio declined gradually through the subsequent quarters, reaching a low point of approximately 0.10 in June 2021. During this phase, the company maintained a relatively conservative liquid asset position relative to its current liabilities.
From late 2021 into the first half of 2022, the cash ratio remained relatively stable within the range of approximately 0.10 to 0.14, indicating consistent liquidity levels that suggest cautious liquidity management with a focus on maintaining sufficient cash to meet short-term obligations without excess liquidity.
A brief increase is observed in the third quarter of 2022, with the ratio reaching approximately 0.14, followed by a slight decrease back to around 0.12 by the end of 2022. The subsequent quarters show minimal variation, with ratios oscillating modestly around 0.10 to 0.13, reflecting a steady, cautious approach towards liquidity.
A notable change appears in September 2023, where the ratio stabilizes at approximately 0.12. Thereafter, a significant upward shift occurs in September 2024, with the ratio escalating sharply to 0.41, indicating a substantial increase in cash holdings relative to current liabilities. The ratio then decreases to around 0.16 by the end of 2024, before climbing again to 0.21 in March 2025.
The latest data points reveal volatility, with the ratio falling back to 0.09 in June 2025, suggesting fluctuations in cash holdings and short-term liquidity management strategies. Overall, the cash ratio exhibits periods of stability interspersed with significant increases, most notably in late 2024 and early 2025, which may reflect strategic shifts, liquidity injections, or operational changes.
In summary, CACI's cash ratio has generally remained below 0.20 for most of the observed period, indicating a conservative liquidity profile primarily relying on other current assets beyond cash. The recent spikes imply potential strategic liquidity enhancements, although the overall trend underscores cautious liquidity positioning throughout the period.
Peer comparison
Jun 30, 2025