Dycom Industries Inc (DY)

Debt-to-capital ratio

Oct 26, 2024 Jul 27, 2024 Apr 27, 2024 Jan 27, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 24, 2020 Jul 25, 2020 Apr 25, 2020 Jan 25, 2020
Long-term debt US$ in thousands 1,092,790 942,368 842,422 791,415 949,406 799,395 803,382 807,367 811,350 815,332 819,311 823,251 827,226 831,197 835,178 501,562 490,000 665,533 1,363,860 844,401
Total stockholders’ equity US$ in thousands 1,233,680 1,158,450 1,080,630 1,054,660 1,053,950 964,046 897,434 868,755 858,616 797,016 758,338 758,544 810,774 780,421 809,953 811,308 913,124 873,748 833,894 868,604
Debt-to-capital ratio 0.47 0.45 0.44 0.43 0.47 0.45 0.47 0.48 0.49 0.51 0.52 0.52 0.51 0.52 0.51 0.38 0.35 0.43 0.62 0.49

October 26, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,092,790K ÷ ($1,092,790K + $1,233,680K)
= 0.47

The debt-to-capital ratio of Dycom Industries Inc has shown some fluctuations over the past few years. The ratio indicates the proportion of debt in the company's capital structure.

From January 2020 to July 2020, the ratio ranged from 0.43 to 0.62, showing some volatility during that period. Subsequently, from July 2020 to January 2021, the ratio decreased to 0.35, suggesting a decrease in the proportion of debt relative to total capital.

From January 2021 to April 2023, the ratio remained relatively stable, fluctuating between 0.38 and 0.52. However, from July 2023 to October 2024, the ratio saw a small decline from 0.47 to 0.44, indicating a slight reduction in debt relative to total capital.

Overall, the debt-to-capital ratio of Dycom Industries Inc has shown some variability but has generally remained within a moderate range, reflecting a balance between debt and equity in the company's capital structure.


Peer comparison

Oct 26, 2024

Company name
Symbol
Debt-to-capital ratio
Dycom Industries Inc
DY
0.47
MasTec Inc
MTZ
0.00
MYR Group Inc
MYRG
0.04