Dycom Industries (STU:DYI) LT-Debt-to-Total-Asset : 0.34 (As of Apr. 2024)

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What is Dycom Industries LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Dycom Industries's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.34.

Dycom Industries's long-term debt to total assets ratio declined from Apr. 2023 (0.37) to Apr. 2024 (0.34). It may suggest that Dycom Industries is progressively becoming less dependent on debt to grow their business.

Dycom Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dycom Industries's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dycom Industries LT-Debt-to-Total-Asset Chart

Dycom Industries Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.40

0.28

0.41

0.37

0.33

Dycom Industries Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.35	0.37	0.33	0.34

Dycom Industries LT-Debt-to-Total-Asset Calculation

Dycom Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	767.012	/	2310.5
	=	0.33

Dycom Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	829.052	/	2434.019
	=	0.34

Dycom Industries (STU:DYI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Dycom Industries LT-Debt-to-Total-Asset Related Terms

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Dycom Industries (STU:DYI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dycom Industries Inc (STU:DYI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DY:USA DYI:Germany

Address

11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408

Website

https://www.dycomind.com

Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.

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