Dycom Interest Income vs Depreciation And Amortization 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 Interest Income and its Depreciation And Amortization 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.

Interest Income vs Depreciation And Amortization

Interest Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dycom Industries Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.

The correlation between Dycom Industries' Interest Income and Depreciation And Amortization is 0.31. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Depreciation And Amortization 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' Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Dycom Industries are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Income i.e., Dycom Industries' Interest Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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

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

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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	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
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	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

7.37

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.

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 Interest Income vs Depreciation And Amortization Analysis

Interest Income vs Depreciation And Amortization

Interest Income vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Interest Income

Depreciation And Amortization

Dycom Industries fundamental ratios Correlations

Dycom Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dycom Industries fundamental ratios Accounts

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