Dycom Ebitda vs Net Income From Continuing Ops Analysis

DY Stock

USD 142.76 1.81 1.28%

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 Ebitda and its Net Income From Continuing Ops 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.

Ebitda vs Net Income From Continuing Ops

Ebitda vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Ebitda account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dycom Industries' Ebitda and Net Income From Continuing Ops is 0.55. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income From Continuing Ops 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' Ebitda and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Dycom Industries are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebitda i.e., Dycom Industries' Ebitda and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Ebitda

Net Income From Continuing Ops

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	-0.08	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	-0.04	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	-0.14	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	-0.23	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	-0.07	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	0.02	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	-0.01	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	-0.12	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	-0.09	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	0.09	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	-0.09	0.49	-0.05	0.37	0.19	-0.07	0.61	0.22	0.19	0.58
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	-0.09	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	-0.19	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	0.14	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	-0.02	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		-0.08	0.98	0.68	0.97	0.59	0.08	0.51	0.91	-0.28	0.85
Other Stockholder Equity	-0.08	-0.04	-0.14	-0.23	-0.07	0.02	-0.01	-0.12	-0.09	0.09	-0.09	-0.09	-0.19	0.14	-0.02	-0.08		-0.09	-0.13	-0.18	-0.17	0.1	0.34	-0.26	0.23	-0.09
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	-0.09		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	-0.13	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	-0.18	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	-0.17	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	0.1	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	0.34	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	0.22	0.49	0.96	0.21	0.82	0.91	-0.26	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	0.23	-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	0.58	0.29	0.85	0.28	0.88	0.85	-0.09	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	16.1M
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

Dycom Industries Investors Sentiment

The influence of Dycom Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dycom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Dycom Industries' public news can be used to forecast risks associated with an investment in Dycom. The trend in average sentiment can be used to explain how an investor holding Dycom can time the market purely based on public headlines and social activities around Dycom Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Dycom Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dycom Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dycom Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dycom Industries.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dycom Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dycom Industries' short interest history, or implied volatility extrapolated from Dycom Industries options trading.

Pair Trading with Dycom Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dycom Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dycom Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dycom Stock

0.73

Jacobs Solutions Financial Report 14th of May 2024

Pair Corr

Moving against Dycom Stock

0.85

VATE

Innovate Corp

Pair Corr

The ability to find closely correlated positions to Dycom Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dycom Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dycom Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dycom Industries to buy it.

The correlation of Dycom Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dycom Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dycom Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dycom Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

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Is Dycom Stock a good investment?

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What is Dycom Industries' Net Worth?

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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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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.

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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

(0.05)

Earnings Share

7.37

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.

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Dycom Ebitda vs Net Income From Continuing Ops Analysis

Ebitda vs Net Income From Continuing Ops

Ebitda vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Ebitda

Net Income From Continuing Ops

Dycom Industries fundamental ratios Correlations

Dycom Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dycom Industries fundamental ratios Accounts

Dycom Industries Investors Sentiment

Pair Trading with Dycom Industries

Moving together with Dycom Stock

Moving against Dycom Stock

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

Common Stock Total Equity	- 0.45	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.42	Accounts Payable
Common Stock Total Equity	- 0.35	Short Term Debt
Common Stock Total Equity	- 0.34	Net Receivables
Common Stock Total Equity	- 0.34	Total Current Liabilities
Common Stock Total Equity	- 0.33	Total Current Assets