CACI International Inc (CACI)

The solvency ratios for CACI International Inc over the period from June 30, 2021 to June 30, 2025 exhibit a noteworthy characteristic of zero values in the debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio. Specifically, these ratios remain at 0.00 across all four years, indicating that the company maintains no reported debt relative to its assets, capital, or equity during this period. This consistency suggests that CACI operates entirely with equity financing, without leveraging debt, demonstrating a very conservative capital structure in terms of debt utilization.

In contrast, the financial leverage ratio, which measures the extent to which a company uses debt to finance its assets relative to equity, shows a declining trend from 2.32 in 2021 to 2.05 in 2023, followed by a slight increase to 2.22 in 2025. Despite these fluctuations, the ratio remains below 2.5 throughout the period, reinforcing the conclusion of minimal debt leverage. This ratio indicates that the company employs a moderate level of financial leverage, but given the zero debt ratios, it likely reflects broader accounting or reporting conventions rather than actual debt obligations.

Overall, the data imply that CACI International Inc maintains a highly conservative and debt-free capital structure, emphasizing reliance on equity rather than borrowed funds. The modest variations in the financial leverage ratio suggest a slight adjustment in leverage levels over time, but the company's fundamental financial approach remains characterized by the absence of reported debt.

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Coverage ratios

The interest coverage ratio for CACI International Inc has demonstrated a declining trend over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 13.54 in 2021, indicating a strong ability to cover interest expenses multiple times over. In 2022, the ratio declined to 11.89, still reflecting a comfortable coverage but signaling the beginning of a downward trajectory. The decline became more pronounced in subsequent years, with the ratio dropping to 6.77 in 2023, which remains above the generally accepted threshold of 3.0, suggesting that the company continued to comfortably meet interest obligations, albeit with less cushion.

By June 30, 2024, the ratio further decreased to 6.18, indicating a continued weakening of interest coverage but still maintaining a prudent safety margin. The most recent data point for June 30, 2025, shows a ratio of 4.81, denoting a further reduction but still above critical concern levels. Overall, this trend indicates that CACI International Inc's ability to service its interest expenses has diminished over the analyzed period, possibly reflecting increased leverage, higher interest expenses, or reduced earnings before interest and taxes (EBIT). Nonetheless, the ratios remain above common safety thresholds, implying that, for now, the company's interest obligations are being met without undue difficulty.