CACI substantially increased its debt load while growing operating income and net income by approximately 18-19%.
The company nearly doubled its total debt to $2.9B, likely indicating either major acquisition activity or significant capital investment initiatives. Despite this leveraging, CACI maintained strong operational performance with solid growth in both operating income and net income, suggesting the debt may be funding profitable expansion rather than covering operational shortfalls.
CACI's balance sheet expanded meaningfully with total assets growing 27% to $8.6B, driven primarily by a substantial increase in debt financing and higher accounts receivable. The company reduced its cash position by 21% to $106M while taking on significantly more debt, indicating active deployment of capital. Despite the increased leverage, profitability remained strong with both operating income and net income growing in the high-teens, suggesting the additional debt is supporting profitable business expansion.
Debt increased 89.2% — substantial leverage increase; assess whether deployed for growth or covering losses.
Liabilities grew 45% — significant increase in debt or obligations, assess impact on financial flexibility.
Receivables surged 36.3% — revenue recognized but not yet collected; watch for collection issues or channel stuffing.
Current assets grew 29.5% — improving short-term liquidity or inventory/receivables build.
Asset base grew 27.2% — expansion through organic growth, acquisitions, or capital deployment.
Cash decreased 20.7% — monitor burn rate and upcoming capital needs.
Net income grew 19% — bottom-line growth signals improving overall business health.
Operating income improving — cost discipline or growing revenue base absorbing fixed costs.
Current liabilities rose 12% — increased short-term obligations, watch current ratio.
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