Dycom Industries Inc (DY)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.89 | 0.00 | 0.81 | 0.00 | 0.78 | 0.00 | 0.75 | 0.00 | 0.90 | 0.00 | 0.83 | 0.00 | 0.90 | 0.00 | 0.93 | 0.00 | 0.94 | 0.00 |
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 of Dycom Industries Inc has shown fluctuations over the periods mentioned in the data. The ratio was 0.94 as of October 29, 2022, indicating that the company had higher levels of debt compared to equity at that time. Subsequently, the ratio decreased to 0.93 as of January 28, 2023, before further reducing to 0.90 as of April 29, 2023.
During the periods ending in July 29, 2023, and October 28, 2023, the debt-to-equity ratio continued to decline to 0.83 and 0.90, respectively. This downward trend suggests a decrease in the company's reliance on debt financing in relation to equity.
As of January 27, 2024, the ratio dropped to 0.75, indicating a more favorable mix of debt and equity in the company's capital structure. Subsequent periods until October 26, 2024, showed fluctuations but generally remained below 1, signifying that Dycom Industries Inc had more equity relative to debt during these periods.
Lastly, as of January 31, 2025, the debt-to-equity ratio was reported as 0.00, suggesting either a significant decrease in debt levels or a substantial increase in equity relative to debt. Overall, the trend in the debt-to-equity ratio indicates a potentially improved financial position for Dycom Industries Inc, with a decreasing reliance on debt financing over the analyzed periods.
Peer comparison
Jan 31, 2025