CACI International Inc (CACI)
Financial leverage ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 6,796,100 | 6,600,810 | 6,629,430 | 6,172,370 | 5,542,470 |
| Total stockholders’ equity | US$ in thousands | 3,518,070 | 3,224,200 | 3,053,410 | 2,665,140 | 2,661,180 |
| Financial leverage ratio | 1.93 | 2.05 | 2.17 | 2.32 | 2.08 |
June 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,796,100K ÷ $3,518,070K
= 1.93
The financial leverage ratio of CACI International Inc has shown a decreasing trend over the past five years, indicating a reduction in the company's reliance on debt to finance its operations. The ratio decreased from 2.32 in 2021 to 1.93 in 2024. This suggests that the company is becoming less leveraged and may be using more equity financing compared to debt financing. A lower financial leverage ratio signifies a stronger financial position and lower financial risk, as the company has less debt relative to its equity. This trend could potentially improve the company's ability to weather economic downturns and financial challenges.
Peer comparison
Jun 30, 2024