Dycom Industries Inc (DY)
Debt-to-equity ratio
| Jan 27, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Jan 25, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 791,415 | 807,367 | 823,251 | 501,562 | 844,401 |
| Total stockholders’ equity | US$ in thousands | 1,054,660 | 868,755 | 758,544 | 811,308 | 868,604 |
| Debt-to-equity ratio | 0.75 | 0.93 | 1.09 | 0.62 | 0.97 |
January 27, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $791,415K ÷ $1,054,660K
= 0.75
The debt-to-equity ratio of Dycom Industries, Inc. has fluctuated over the past five years. It decreased from 1.00 in January 2020 to 0.72 in January 2021, indicating a lower level of debt relative to equity during that period. However, the ratio increased to 1.11 in January 2022, suggesting a higher reliance on debt compared to equity. This trend reversed in the following years, with the ratio decreasing to 0.95 in January 2023 and further dropping to 0.77 in January 2024. Overall, the company's debt-to-equity ratio has shown variance, reflecting changes in its capital structure and financial leverage over the years.
Peer comparison
Jan 27, 2024