Dycom Industries Inc (DY)
Debt-to-assets ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 791,415 | — | 807,367 |
| Total assets | US$ in thousands | 2,945,370 | 2,516,880 | 2,516,880 | 2,313,250 | 2,313,250 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.31 | 0.00 | 0.35 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,945,370K
= 0.00
The debt-to-assets ratio of Dycom Industries Inc has exhibited fluctuations over the past few years. As of January 28, 2023, the ratio stood at 0.35, indicating that 35% of the company's total assets were financed by debt. Subsequently, by January 31, 2023, the ratio dropped significantly to 0.00, suggesting that the company had no debt relative to its assets at that point.
In the following years, the debt-to-assets ratio fluctuated further. As of January 27, 2024, the ratio was recorded at 0.31, indicating a moderate level of debt financing. Notably, by January 31, 2024, the ratio once again decreased to 0.00, signaling a debt-free position. The most recent data point as of January 31, 2025, also indicates a debt-to-assets ratio of 0.00.
The trend observed reflects fluctuations in the company's capital structure and financial leverage, with periods of both debt financing and debt-free positions. It is essential to closely monitor this ratio over time to assess Dycom Industries Inc's ability to manage its debt levels relative to its asset base.
Peer comparison
Jan 31, 2025