Dycom Industries Inc (DY)
Current ratio
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,694,630 | 1,896,820 | 1,896,820 | 1,760,660 | 1,760,660 | 1,626,820 | 1,626,820 | 1,550,040 | 1,550,040 | 1,708,730 | 1,708,730 | 1,555,250 | 1,555,250 | 1,483,840 | 1,483,840 | 1,492,680 | 1,492,680 | 1,513,020 | 1,513,020 | 1,433,800 |
| Total current liabilities | US$ in thousands | 587,153 | 608,475 | 608,475 | 511,103 | 511,103 | 513,554 | 513,554 | 506,304 | 506,304 | 488,820 | 488,820 | 459,446 | 459,446 | 433,074 | 433,074 | 469,551 | 469,551 | 471,100 | 471,100 | 432,145 |
| Current ratio | 2.89 | 3.12 | 3.12 | 3.44 | 3.44 | 3.17 | 3.17 | 3.06 | 3.06 | 3.50 | 3.50 | 3.39 | 3.39 | 3.43 | 3.43 | 3.18 | 3.18 | 3.21 | 3.21 | 3.32 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,694,630K ÷ $587,153K
= 2.89
Dycom Industries Inc has consistently maintained a healthy current ratio over the reported periods. The current ratio provides insight into the company's ability to cover its short-term liabilities with its current assets.
Looking at the data provided, the current ratio has ranged between 2.89 and 3.50 over the periods specified. A current ratio above 1 indicates that Dycom Industries Inc has more current assets than current liabilities, which is a positive sign.
The current ratio peaked at 3.50 in October 2023, indicating a strong ability to meet short-term obligations. However, it dipped to 2.89 in January 2025, which may warrant further investigation into the company's liquidity position at that time.
Overall, Dycom Industries Inc's current ratio reflects a sound liquidity position, suggesting the company has the ability to meet its short-term financial obligations comfortably throughout the reported periods.
Peer comparison
Jan 31, 2025