CACI International Inc (CACI)

Current ratio

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Total current assets	US$ in thousands	1,374,530	1,393,530	1,303,800	1,366,410	1,210,040	1,308,640	1,175,180	1,125,990	1,209,640	1,193,240	1,335,060	1,242,170	1,331,180	1,128,680	995,706	1,100,870	1,085,890	1,074,370	1,024,070	1,042,270
Total current liabilities	US$ in thousands	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	769,159	779,165	769,391	773,624
Current ratio		1.27	1.28	1.32	1.24	1.22	1.23	1.20	1.17	1.18	1.29	1.42	1.49	1.50	1.34	1.29	1.46	1.41	1.38	1.33	1.35

June 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,374,530K ÷ $1,078,260K
= 1.27

The current ratio of CACI International Inc has shown some variability over the past several quarters. The current ratio measures the company's ability to cover its short-term obligations with its current assets.

From the data provided, we can see that the current ratio has fluctuated within a range of 1.17 to 1.50 over the past two years. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign.

The current ratio was relatively stable in the range of 1.20 to 1.30 from December 2020 to March 2023, indicating a healthy liquidity position during that period. However, from March 2023 to June 2024, the current ratio showed some volatility, with values ranging from 1.22 to 1.50.

A higher current ratio suggests a more favorable liquidity position, as the company has more current assets to cover its short-term liabilities. On the other hand, a lower current ratio may indicate potential liquidity challenges in meeting short-term obligations.

Overall, while the current ratio of CACI International Inc has fluctuated over the past two years, it has generally remained at levels above 1, indicating that the company has the ability to meet its short-term financial obligations with its current assets.