Dycom Total Current Assets vs Common Stock 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 Total Current Assets and its Common Stock 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.

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dycom Industries' Total Current Assets and Common Stock is -0.26. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock 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' Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Dycom Industries are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Dycom Industries' Total Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock

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

Interest Expense Depreciation And Amortization

Dycom Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Accounts Payable	Common Stock Total Equity	Other Liab
Total Assets		0.97	0.92	0.94	0.98	0.98	0.95	0.98	0.49	0.94	0.46	0.49	0.97	0.37	0.97	0.98	-0.56	0.99	0.69	0.98	0.65	0.07	0.54	0.92	-0.22	0.87
Short Long Term Debt Total	0.97		0.9	0.87	0.92	0.95	0.97	0.93	0.55	0.95	0.54	0.55	0.92	0.31	1.0	0.97	-0.57	0.99	0.58	0.94	0.56	-0.02	0.63	0.85	-0.2	0.87
Other Current Liab	0.92	0.9		0.93	0.86	0.86	0.88	0.88	0.42	0.86	0.38	0.42	0.92	0.34	0.89	0.89	-0.58	0.93	0.62	0.9	0.62	-0.24	0.57	0.9	-0.23	0.88
Total Current Liabilities	0.94	0.87	0.93		0.94	0.9	0.84	0.95	0.44	0.81	0.27	0.44	0.97	0.28	0.84	0.91	-0.63	0.93	0.73	0.97	0.78	0.05	0.37	0.98	-0.34	0.82
Total Stockholder Equity	0.98	0.92	0.86	0.94		0.98	0.9	0.99	0.43	0.91	0.4	0.43	0.97	0.39	0.91	0.96	-0.51	0.95	0.77	0.97	0.68	0.16	0.44	0.93	-0.22	0.81
Property Plant And Equipment Net	0.98	0.95	0.86	0.9	0.98		0.94	0.98	0.43	0.94	0.43	0.43	0.95	0.33	0.94	0.98	-0.54	0.96	0.76	0.95	0.59	0.12	0.53	0.9	-0.26	0.84
Net Debt	0.95	0.97	0.88	0.84	0.9	0.94		0.9	0.31	0.97	0.56	0.31	0.91	0.35	0.96	0.93	-0.52	0.96	0.6	0.89	0.58	-0.07	0.72	0.8	-0.14	0.91
Retained Earnings	0.98	0.93	0.88	0.95	0.99	0.98	0.9		0.45	0.89	0.41	0.45	0.98	0.28	0.91	0.96	-0.62	0.96	0.77	0.98	0.72	0.12	0.42	0.95	-0.33	0.84
Cash	0.49	0.55	0.42	0.44	0.43	0.43	0.31	0.45		0.34	0.21	1.0	0.41	0.02	0.54	0.51	-0.41	0.53	0.11	0.56	0.19	0.14	0.04	0.49	-0.26	0.29
Non Current Assets Total	0.94	0.95	0.86	0.81	0.91	0.94	0.97	0.89	0.34		0.58	0.34	0.87	0.51	0.96	0.92	-0.39	0.94	0.6	0.86	0.5	0.04	0.76	0.77	-0.01	0.88
Non Currrent Assets Other	0.46	0.54	0.38	0.27	0.4	0.43	0.56	0.41	0.21	0.58		0.21	0.37	0.26	0.57	0.45	-0.3	0.49	-0.05	0.37	0.19	-0.07	0.61	0.21	0.19	0.57
Cash And Short Term Investments	0.49	0.55	0.42	0.44	0.43	0.43	0.31	0.45	1.0	0.34	0.21		0.41	0.02	0.54	0.51	-0.41	0.53	0.11	0.56	0.19	0.14	0.04	0.49	-0.26	0.29
Net Receivables	0.97	0.92	0.92	0.97	0.97	0.95	0.91	0.98	0.41	0.87	0.37	0.41		0.26	0.9	0.95	-0.63	0.96	0.74	0.98	0.75	-0.01	0.42	0.96	-0.34	0.85
Common Stock Shares Outstanding	0.37	0.31	0.34	0.28	0.39	0.33	0.35	0.28	0.02	0.51	0.26	0.02	0.26		0.36	0.27	0.44	0.35	0.14	0.27	0.06	0.26	0.48	0.21	0.77	0.28
Non Current Liabilities Total	0.97	1.0	0.89	0.84	0.91	0.94	0.96	0.91	0.54	0.96	0.57	0.54	0.9	0.36		0.96	-0.53	0.98	0.55	0.92	0.51	0.0	0.67	0.82	-0.15	0.88
Inventory	0.98	0.97	0.89	0.91	0.96	0.98	0.93	0.96	0.51	0.92	0.45	0.51	0.95	0.27	0.96		-0.59	0.98	0.68	0.97	0.59	0.08	0.51	0.91	-0.28	0.85
Other Stockholder Equity	-0.56	-0.57	-0.58	-0.63	-0.51	-0.54	-0.52	-0.62	-0.41	-0.39	-0.3	-0.41	-0.63	0.44	-0.53	-0.59		-0.59	-0.42	-0.63	-0.58	0.15	-0.1	-0.65	0.78	-0.66
Total Liab	0.99	0.99	0.93	0.93	0.95	0.96	0.96	0.96	0.53	0.94	0.49	0.53	0.96	0.35	0.98	0.98	-0.59		0.63	0.97	0.62	0.01	0.59	0.91	-0.21	0.89
Property Plant And Equipment Gross	0.69	0.58	0.62	0.73	0.77	0.76	0.6	0.77	0.11	0.6	-0.05	0.11	0.74	0.14	0.55	0.68	-0.42	0.63		0.71	0.43	0.13	0.11	0.78	-0.45	0.54
Total Current Assets	0.98	0.94	0.9	0.97	0.97	0.95	0.89	0.98	0.56	0.86	0.37	0.56	0.98	0.27	0.92	0.97	-0.63	0.97	0.71		0.71	0.08	0.38	0.96	-0.33	0.82
Short Term Debt	0.65	0.56	0.62	0.78	0.68	0.59	0.58	0.72	0.19	0.5	0.19	0.19	0.75	0.06	0.51	0.59	-0.58	0.62	0.43	0.71		0.02	0.15	0.71	-0.35	0.57
Other Current Assets	0.07	-0.02	-0.24	0.05	0.16	0.12	-0.07	0.12	0.14	0.04	-0.07	0.14	-0.01	0.26	0.0	0.08	0.15	0.01	0.13	0.08	0.02		-0.17	0.06	0.15	-0.04
Intangible Assets	0.54	0.63	0.57	0.37	0.44	0.53	0.72	0.42	0.04	0.76	0.61	0.04	0.42	0.48	0.67	0.51	-0.1	0.59	0.11	0.38	0.15	-0.17		0.27	0.29	0.68
Accounts Payable	0.92	0.85	0.9	0.98	0.93	0.9	0.8	0.95	0.49	0.77	0.21	0.49	0.96	0.21	0.82	0.91	-0.65	0.91	0.78	0.96	0.71	0.06	0.27		-0.42	0.76
Common Stock Total Equity	-0.22	-0.2	-0.23	-0.34	-0.22	-0.26	-0.14	-0.33	-0.26	-0.01	0.19	-0.26	-0.34	0.77	-0.15	-0.28	0.78	-0.21	-0.45	-0.33	-0.35	0.15	0.29	-0.42		-0.2
Other Liab	0.87	0.87	0.88	0.82	0.81	0.84	0.91	0.84	0.29	0.88	0.57	0.29	0.85	0.28	0.88	0.85	-0.66	0.89	0.54	0.82	0.57	-0.04	0.68	0.76	-0.2

Click cells to compare fundamentals

Dycom Industries Account Relationship Matchups

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

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:

How To Invest In Dycom

Details

Is Dycom Stock a good investment?

Details

What is Dycom Industries' Net Worth?

Details

Largest Construction & Engineering Companies

View

Largest Engineering & Construction Companies

View

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.

	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Dycom Total Current Assets vs Common Stock Analysis

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

Correlation Coefficient

Total Current Assets

Common Stock

Dycom Industries fundamental ratios Correlations

Dycom Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dycom Industries fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Dycom Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets

Other Liab	- 0.66	Other Stockholder Equity
Accounts Payable	- 0.65	Other Stockholder Equity
Total Current Assets	- 0.63	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Net Receivables
Other Stockholder Equity	- 0.63	Total Current Liabilities
Other Stockholder Equity	- 0.62	Retained Earnings