Dycom Industries Inc (DY)

Cash ratio

		Jan 31, 2025	Jan 31, 2024	Jan 27, 2024	Jan 31, 2023	Jan 28, 2023
Cash and cash equivalents	US$ in thousands	92,670	101,086	101,086	224,186	224,186
Short-term investments	US$ in thousands	—	1,372	—	19,919	—
Total current liabilities	US$ in thousands	587,153	506,304	506,304	469,551	469,551
Cash ratio		0.16	0.20	0.20	0.52	0.48

January 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($92,670K + $—K) ÷ $587,153K
= 0.16

The cash ratio of Dycom Industries Inc has shown a slight decline over the past few years, dropping from 0.48 in January 28, 2023, to 0.16 in January 31, 2025. This indicates that the company may have a decreasing ability to cover its short-term liabilities with its available cash and cash equivalents. It is important for Dycom Industries Inc to monitor its cash management closely to ensure liquidity and meet its financial obligations in the future.

Peer comparison

Jan 31, 2025

Company name

Symbol

Cash ratio

Dycom Industries Inc

0.16