Dycom Industries Inc (DY)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,239,100 | 1,054,660 | 1,054,660 | 868,755 | 868,755 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.75 | 0.00 | 0.93 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,239,100K
= 0.00
The debt-to-equity ratio for Dycom Industries Inc has shown fluctuations in recent years. As of January 28, 2023, the ratio was 0.93, indicating that the company had more debt than equity. However, by January 31, 2023, the ratio dropped to 0.00, suggesting that the company had no debt relative to its equity. Subsequently, on January 27, 2024, the ratio stood at 0.75, showing a moderate level of debt compared to equity. The following year, on January 31, 2024, the ratio returned to 0.00, implying a debt-free position once again. As of the most recent data available on January 31, 2025, the ratio remained at 0.00, indicating that the company continued to have no debt relative to its equity. Overall, the Debt-to-equity ratio for Dycom Industries Inc has been fluctuating, but it seems that the company has been managing its debt levels effectively and maintaining a relatively conservative financial structure.
Peer comparison
Jan 31, 2025