CACI International Inc (CACI)

Debt-to-capital 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
Long-term debt	US$ in thousands	1,481,390	1,631,150	1,713,410	1,735,680	1,650,440	1,765,210	1,534,960	1,597,060	1,702,150	1,823,240	2,079,830	1,647,760	1,688,920	1,775,070	1,371,220	1,567,370	1,357,520	1,464,660	1,550,810	1,551,950
Total stockholders’ equity	US$ in thousands	3,518,070	3,365,230	3,235,490	3,163,900	3,224,200	3,089,500	3,250,110	3,148,440	3,053,410	2,960,750	2,845,580	2,754,990	2,665,140	2,519,260	2,884,140	2,771,630	2,661,180	2,563,500	2,508,440	2,425,120
Debt-to-capital ratio		0.30	0.33	0.35	0.35	0.34	0.36	0.32	0.34	0.36	0.38	0.42	0.37	0.39	0.41	0.32	0.36	0.34	0.36	0.38	0.39

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 shown some fluctuation over the past few quarters, ranging from 0.30 to 0.42. A decreasing trend in the ratio from 0.42 in March 2022 to 0.30 in June 2024 indicates a decreasing reliance on debt financing relative to total capital over this period. The ratio has generally remained within the range of 0.30 to 0.42, suggesting a moderate level of debt utilization compared to total capital throughout the analyzed periods. Overall, the company's debt-to-capital ratio appears to be well-managed and has demonstrated some stability despite minor fluctuations.