Dycom Property Plant And Equipment Net vs Non Current Liabilities Total Analysis

DY Stock  USD 179.96  4.37  2.37%   
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 Property Plant And Equipment Net and its Non Current Liabilities Total 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.

Property Plant And Equipment Net vs Non Current Liabilities Total

Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dycom Industries' Property Plant And Equipment Net and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total 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' Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Dycom Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Dycom Industries' Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Liabilities Total

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 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 determining whether Dycom Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dycom Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dycom Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dycom Industries Stock:
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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
0.225
Earnings Share
7.76
Revenue Per Share
145.973
Quarterly Revenue Growth
0.093
Return On Assets
0.0842
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.