Dycom Industries Inc (DY)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | — |
| Total stockholders’ equity | US$ in thousands | 1,239,100 | 1,233,680 | 1,233,680 | 1,158,450 | 1,158,450 | 1,080,630 | 1,080,630 | 1,054,660 | 1,054,660 | 1,053,950 | 1,053,950 | 964,046 | 964,046 | 897,434 | 897,434 | 868,755 | 868,755 | 858,616 | 858,616 | 797,016 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.47 | 0.00 | 0.45 | 0.00 | 0.44 | 0.00 | 0.43 | 0.00 | 0.47 | 0.00 | 0.45 | 0.00 | 0.47 | 0.00 | 0.48 | 0.00 | 0.49 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,239,100K)
= 0.00
The debt-to-capital ratio of Dycom Industries Inc has shown some fluctuations over the periods reported. As of January 31, 2023, the ratio was 0.48, indicating that 48% of the company's capital structure was funded by debt. This suggests a moderate level of leverage at that point in time. However, by April 30, 2023, the ratio dropped to 0.00, implying that the company had no debt in its capital structure at that time.
Subsequently, the ratio increased to 0.47 by July 29, 2023, and further to 0.43 by January 27, 2024. These values suggest that Dycom Industries Inc started to reintroduce debt into its capital structure but at a decreasing level compared to the earlier period.
Overall, the trend of the debt-to-capital ratio indicates that Dycom Industries Inc has been managing its debt levels effectively, with periods of leveraging followed by periods of deleveraging. Monitoring this ratio can provide insights into the company's capital structure and financial risk management strategies.
Peer comparison
Jan 31, 2025