CACI International Inc (CACI)

Debt-to-equity 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-equity ratio		0.42	0.51	0.56	0.63	0.51

June 30, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,481,390K ÷ $3,518,070K
= 0.42

The debt-to-equity ratio of CACI International Inc has exhibited a decreasing trend over the past five years, indicating a reduction in the company's reliance on debt financing relative to equity. In particular, the ratio has decreased from 0.63 in June 2021 to 0.42 in June 2024, signifying a stronger equity position compared to debt. This trend suggests that the company has been effectively managing its capital structure by lowering its debt levels or increasing its equity investments. Overall, the decreasing debt-to-equity ratio reflects a potentially healthier and more stable financial position for CACI International Inc.