CACI International Inc (CACI)

Debt-to-capital ratio

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Long-term debt	US$ in thousands	1,481,390	1,650,440	1,702,150	1,688,920	1,357,520
Total stockholders’ equity	US$ in thousands	3,518,070	3,224,200	3,053,410	2,665,140	2,661,180
Debt-to-capital ratio		0.30	0.34	0.36	0.39	0.34

June 30, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,481,390K ÷ ($1,481,390K + $3,518,070K)
= 0.30

The debt-to-capital ratio of CACI International Inc has exhibited a downward trend over the past five years, indicating a decreasing reliance on debt to finance its operations relative to its total capital structure. As of June 30, 2024, the ratio stood at 0.30, which is the lowest level in the past five years. This suggests that the company has been reducing its debt obligations in comparison to its total capital, which could indicate a stronger financial position and improved financial health. Overall, the declining trend in the debt-to-capital ratio for CACI International Inc reflects a potentially prudent financial strategy of managing debt levels within its capital structure.