Dycom Net Invested Capital vs Net Tangible Assets Analysis
DY Stock | USD 147.48 2.50 1.67% |
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 Net Invested Capital and its Net Tangible Assets 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 tightly coupled 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.
Net Invested Capital vs Net Tangible Assets
Net Invested Capital vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dycom Industries' Net Invested Capital and Net Tangible Assets is 0.5. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets 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' Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Dycom Industries are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Dycom Industries' Net Invested Capital and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a 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 tightly coupled 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 Expense | 33.2M | 40.6M | 52.6M | 55.2M | Depreciation And Amortization | 152.7M | 144.2M | 163.1M | 171.2M |
Dycom Industries fundamental ratios Correlations
Click cells to compare fundamentals
Dycom Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dycom Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 1.9B | 2.1B | 2.3B | 2.5B | 2.6B | |
Short Long Term Debt Total | 937.1M | 646.4M | 901.9M | 892.0M | 885.0M | 929.3M | |
Other Current Liab | 138M | 168.9M | 165.2M | 197.3M | 195.5M | 205.3M | |
Total Current Liabilities | 323.0M | 448.5M | 381.8M | 469.6M | 506.3M | 531.6M | |
Total Stockholder Equity | 868.6M | 811.3M | 758.5M | 868.8M | 1.1B | 1.1B | |
Property Plant And Equipment Net | 446.2M | 337.1M | 355.9M | 435.1M | 521.3M | 547.3M | |
Net Debt | 882.5M | 634.6M | 591.2M | 667.8M | 782.6M | 821.7M | |
Retained Earnings | 829.7M | 800.6M | 748.4M | 855.1M | 1.0B | 1.1B | |
Cash | 54.6M | 11.8M | 310.8M | 224.2M | 102.5M | 62.0M | |
Non Current Assets Total | 959.3M | 775.5M | 762.1M | 820.6M | 966.8M | 1.0B | |
Non Currrent Assets Other | 47.4M | 46.6M | 31.9M | 26.4M | 16.8M | 15.7M | |
Cash And Short Term Investments | 54.6M | 11.8M | 310.8M | 224.2M | 102.5M | 62.0M | |
Net Receivables | 1.1B | 1.1B | 933.2M | 1.1B | 1.3B | 1.4B | |
Common Stock Shares Outstanding | 31.8M | 32.1M | 30.8M | 30.0M | 29.7M | 34.4M | |
Liabilities And Stockholders Equity | 2.2B | 1.9B | 2.1B | 2.3B | 2.5B | 2.6B | |
Non Current Liabilities Total | 1.0B | 684.4M | 977.9M | 974.9M | 955.9M | 1.0B | |
Inventory | 98.3M | 70.8M | 81.3M | 115.0M | 108.6M | 114.0M | |
Other Stockholder Equity | 30.2M | 2.3M | 2.0M | 5.7M | 6.2M | 5.9M | |
Total Liab | 1.3B | 1.1B | 1.4B | 1.4B | 1.5B | 1.5B | |
Property Plant And Equipment Gross | 446.2M | 337.1M | 294.8M | 367.9M | 1.6B | 1.6B | |
Total Current Assets | 1.3B | 1.2B | 1.4B | 1.5B | 1.6B | 1.6B | |
Accumulated Other Comprehensive Income | (1.3M) | (1.8M) | (1.8M) | (1.8M) | (1.5M) | (1.6M) | |
Short Term Debt | 49.1M | 106.5M | 42.1M | 45.0M | 49.5M | 52.0M | |
Other Current Assets | 32.0M | 29.1M | 30.9M | 38.6M | 40.3M | 42.3M | |
Intangible Assets | 139.9M | 119.3M | 101.8M | 86.6M | 109.0M | 91.4M | |
Accounts Payable | 119.6M | 159.0M | 155.9M | 207.7M | 222.1M | 233.2M | |
Common Stock Total Equity | 10.5M | 10.2M | 9.9M | 9.8M | 8.8M | 9.7M | |
Other Liab | 138.0M | 144.4M | 118.1M | 128.0M | 147.1M | 154.5M | |
Other Assets | 47.4M | 46.6M | 31.9M | 26.4M | 30.3M | 25.0M | |
Long Term Debt | 844.4M | 501.6M | 823.3M | 807.4M | 791.4M | 412.0M | |
Common Stock | 10.5M | 10.2M | 9.9M | 9.8M | 9.7M | 9.8M | |
Property Plant Equipment | 376.6M | 274.0M | 355.9M | 435.1M | 500.4M | 525.4M | |
Current Deferred Revenue | 16.3M | 14.1M | 18.5M | 19.5M | 39.1M | 32.7M | |
Net Tangible Assets | 402.9M | 419.5M | 384.2M | 509.6M | 586.1M | 615.4M | |
Retained Earnings Total Equity | 829.7M | 800.6M | 748.4M | 855.1M | 983.4M | 653.3M | |
Short Term Investments | 17.4M | 12.8M | 14.1M | 19.9M | 20.2M | 22.6M | |
Long Term Debt Total | 844.4M | 501.6M | 823.3M | 807.4M | 928.5M | 698.8M | |
Capital Surpluse | 30.2M | 2.3M | 2.0M | 5.7M | 5.1M | 4.8M | |
Deferred Long Term Liab | 75.5M | 47.7M | 55.7M | 60.2M | 69.2M | 62.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 tightly coupled 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.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Dycom Stock analysis
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.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is Dycom Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dycom Industries. If investors know Dycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dycom Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 7.36 | Revenue Per Share 142.35 | Quarterly Revenue Growth 0.038 | Return On Assets 0.0836 |
The market value of Dycom Industries is measured differently than its book value, which is the value of Dycom that is recorded on the company's balance sheet. Investors also form their own opinion of Dycom Industries' value that differs from its market value or its book value, called intrinsic value, which is Dycom Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dycom Industries' market value can be influenced by many factors that don't directly affect Dycom Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dycom Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dycom Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dycom Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.