Dycom Cash vs Common Stock Total Equity Analysis

DY Stock  USD 181.83  5.88  3.34%   
Dycom Industries financial indicator trend analysis is much more than just examining Dycom Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dycom Industries is a good investment. Please check the relationship between Dycom Industries Cash and its Common Stock Total Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dycom Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dycom Industries' Cash and Common Stock Total Equity is -0.26. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Dycom Industries, assuming nothing else is changed. The correlation between historical values of Dycom Industries' Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Dycom Industries are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Dycom Industries' Cash and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Dycom Industries, which is listed under current asset account on Dycom Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dycom Industries customers. The amounts must be unrestricted with restricted cash listed in a different Dycom Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Dycom Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dycom Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dycom Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.At this time, Dycom Industries' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 76.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.77 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense33.2M40.6M52.6M55.2M
Depreciation And Amortization152.7M144.2M163.1M171.2M

Dycom Industries fundamental ratios Correlations

0.970.920.940.980.980.950.980.490.940.460.490.970.370.970.98-0.560.990.690.980.650.070.540.92-0.220.87
0.970.90.870.920.950.970.930.550.950.540.550.920.311.00.97-0.570.990.580.940.56-0.020.630.85-0.20.87
0.920.90.930.860.860.880.880.420.860.380.420.920.340.890.89-0.580.930.620.90.62-0.240.570.9-0.230.88
0.940.870.930.940.90.840.950.440.810.270.440.970.280.840.91-0.630.930.730.970.780.050.370.98-0.340.82
0.980.920.860.940.980.90.990.430.910.40.430.970.390.910.96-0.510.950.770.970.680.160.440.93-0.220.81
0.980.950.860.90.980.940.980.430.940.430.430.950.330.940.98-0.540.960.760.950.590.120.530.9-0.260.84
0.950.970.880.840.90.940.90.310.970.560.310.910.350.960.93-0.520.960.60.890.58-0.070.720.8-0.140.91
0.980.930.880.950.990.980.90.450.890.410.450.980.280.910.96-0.620.960.770.980.720.120.420.95-0.330.84
0.490.550.420.440.430.430.310.450.340.211.00.410.020.540.51-0.410.530.110.560.190.140.040.49-0.260.29
0.940.950.860.810.910.940.970.890.340.580.340.870.510.960.92-0.390.940.60.860.50.040.760.77-0.010.88
0.460.540.380.270.40.430.560.410.210.580.210.370.260.570.45-0.30.49-0.050.370.19-0.070.610.210.190.57
0.490.550.420.440.430.430.310.451.00.340.210.410.020.540.51-0.410.530.110.560.190.140.040.49-0.260.29
0.970.920.920.970.970.950.910.980.410.870.370.410.260.90.95-0.630.960.740.980.75-0.010.420.96-0.340.85
0.370.310.340.280.390.330.350.280.020.510.260.020.260.360.270.440.350.140.270.060.260.480.210.770.28
0.971.00.890.840.910.940.960.910.540.960.570.540.90.360.96-0.530.980.550.920.510.00.670.82-0.150.88
0.980.970.890.910.960.980.930.960.510.920.450.510.950.270.96-0.590.980.680.970.590.080.510.91-0.280.85
-0.56-0.57-0.58-0.63-0.51-0.54-0.52-0.62-0.41-0.39-0.3-0.41-0.630.44-0.53-0.59-0.59-0.42-0.63-0.580.15-0.1-0.650.78-0.66
0.990.990.930.930.950.960.960.960.530.940.490.530.960.350.980.98-0.590.630.970.620.010.590.91-0.210.89
0.690.580.620.730.770.760.60.770.110.6-0.050.110.740.140.550.68-0.420.630.710.430.130.110.78-0.450.54
0.980.940.90.970.970.950.890.980.560.860.370.560.980.270.920.97-0.630.970.710.710.080.380.96-0.330.82
0.650.560.620.780.680.590.580.720.190.50.190.190.750.060.510.59-0.580.620.430.710.020.150.71-0.350.57
0.07-0.02-0.240.050.160.12-0.070.120.140.04-0.070.14-0.010.260.00.080.150.010.130.080.02-0.170.060.15-0.04
0.540.630.570.370.440.530.720.420.040.760.610.040.420.480.670.51-0.10.590.110.380.15-0.170.270.290.68
0.920.850.90.980.930.90.80.950.490.770.210.490.960.210.820.91-0.650.910.780.960.710.060.27-0.420.76
-0.22-0.2-0.23-0.34-0.22-0.26-0.14-0.33-0.26-0.010.19-0.26-0.340.77-0.15-0.280.78-0.21-0.45-0.33-0.350.150.29-0.42-0.2
0.870.870.880.820.810.840.910.840.290.880.570.290.850.280.880.85-0.660.890.540.820.57-0.040.680.76-0.2
Click cells to compare fundamentals

Dycom Industries Account Relationship Matchups

Dycom Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B1.9B2.1B2.3B2.5B2.6B
Short Long Term Debt Total937.1M646.4M901.9M892.0M885.0M929.3M
Other Current Liab138M168.9M165.2M197.3M195.5M205.3M
Total Current Liabilities323.0M448.5M381.8M469.6M506.3M531.6M
Total Stockholder Equity868.6M811.3M758.5M868.8M1.1B1.1B
Property Plant And Equipment Net446.2M337.1M355.9M435.1M521.3M547.3M
Net Debt882.5M634.6M591.2M667.8M782.6M821.7M
Retained Earnings829.7M800.6M748.4M855.1M1.0B1.1B
Cash54.6M11.8M310.8M224.2M102.5M62.0M
Non Current Assets Total959.3M775.5M762.1M820.6M966.8M1.0B
Non Currrent Assets Other47.4M46.6M31.9M26.4M16.8M15.7M
Cash And Short Term Investments54.6M11.8M310.8M224.2M102.5M62.0M
Net Receivables1.1B1.1B933.2M1.1B1.3B1.4B
Common Stock Shares Outstanding31.8M32.1M30.8M30.0M29.7M34.4M
Liabilities And Stockholders Equity2.2B1.9B2.1B2.3B2.5B2.6B
Non Current Liabilities Total1.0B684.4M977.9M974.9M955.9M1.0B
Inventory98.3M70.8M81.3M115.0M108.6M114.0M
Other Stockholder Equity30.2M2.3M2.0M5.7M6.2M5.9M
Total Liab1.3B1.1B1.4B1.4B1.5B1.5B
Property Plant And Equipment Gross446.2M337.1M294.8M367.9M1.6B1.6B
Total Current Assets1.3B1.2B1.4B1.5B1.6B1.6B
Accumulated Other Comprehensive Income(1.3M)(1.8M)(1.8M)(1.8M)(1.5M)(1.6M)
Short Term Debt49.1M106.5M42.1M45.0M49.5M52.0M
Other Current Assets32.0M29.1M30.9M38.6M40.3M42.3M
Intangible Assets139.9M119.3M101.8M86.6M109.0M91.4M
Accounts Payable119.6M159.0M155.9M207.7M222.1M233.2M
Common Stock Total Equity10.5M10.2M9.9M9.8M8.8M9.7M
Other Liab138.0M144.4M118.1M128.0M147.1M154.5M
Other Assets47.4M46.6M31.9M26.4M30.3M25.0M
Long Term Debt844.4M501.6M823.3M807.4M791.4M412.0M
Common Stock10.5M10.2M9.9M9.8M9.7M9.8M
Property Plant Equipment376.6M274.0M355.9M435.1M500.4M525.4M
Current Deferred Revenue16.3M14.1M18.5M19.5M39.1M32.7M
Net Tangible Assets402.9M419.5M384.2M509.6M586.1M615.4M
Retained Earnings Total Equity829.7M800.6M748.4M855.1M983.4M653.3M
Short Term Investments17.4M12.8M14.1M19.9M20.2M22.6M
Long Term Debt Total844.4M501.6M823.3M807.4M928.5M698.8M
Capital Surpluse30.2M2.3M2.0M5.7M5.1M4.8M
Deferred Long Term Liab75.5M47.7M55.7M60.2M69.2M62.3M

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When running Dycom Industries' price analysis, check to measure Dycom Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dycom Industries is operating at the current time. Most of Dycom Industries' value examination focuses on studying past and present price action to predict the probability of Dycom Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dycom Industries' price. Additionally, you may evaluate how the addition of Dycom Industries to your portfolios can decrease your overall portfolio volatility.