Signet Capital Expenditures vs Dividends Paid Analysis

SIG Stock  USD 100.20  0.22  0.22%   
Signet Jewelers financial indicator trend analysis is much more than just breaking down Signet Jewelers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Signet Jewelers is a good investment. Please check the relationship between Signet Jewelers Capital Expenditures and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signet Jewelers Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have weak relationship.
The correlation between Signet Jewelers' Capital Expenditures and Dividends Paid is 0.39. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Signet Jewelers, assuming nothing else is changed. The correlation between historical values of Signet Jewelers' Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Signet Jewelers are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Signet Jewelers' Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Signet Jewelers to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Signet Jewelers operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Signet Jewelers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Signet Jewelers 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.At this time, Signet Jewelers' Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.1B2.8B3.0B
Total Revenue7.8B7.8B7.2B3.7B

Signet Jewelers fundamental ratios Correlations

0.780.640.670.740.570.490.680.30.690.590.30.13-0.830.830.90.67-0.510.810.410.880.150.27-0.18-0.10.6
0.780.620.660.230.790.760.330.280.760.530.28-0.18-0.60.940.70.85-0.440.870.570.520.220.35-0.46-0.380.47
0.640.620.350.460.340.650.5-0.080.490.44-0.080.15-0.470.650.730.41-0.370.560.20.56-0.49-0.04-0.12-0.030.28
0.670.660.350.220.860.070.510.860.910.870.86-0.44-0.630.770.470.61-0.640.920.840.420.440.79-0.36-0.660.79
0.740.230.460.22-0.010.220.79-0.060.240.3-0.060.62-0.550.370.730.15-0.260.33-0.020.9-0.14-0.190.430.440.34
0.570.790.340.86-0.010.310.260.680.870.690.68-0.59-0.620.790.420.87-0.590.860.850.230.510.63-0.59-0.720.69
0.490.760.650.070.220.310.18-0.390.290.06-0.390.24-0.280.660.630.56-0.110.440.060.43-0.19-0.27-0.150.110.02
0.680.330.50.510.790.260.180.280.630.710.280.26-0.450.590.660.17-0.690.590.410.7-0.190.170.40.020.69
0.30.28-0.080.86-0.060.68-0.390.280.710.751.0-0.62-0.340.40.030.33-0.520.630.810.060.530.91-0.32-0.750.69
0.690.760.490.910.240.870.290.630.710.920.71-0.45-0.590.870.550.67-0.810.940.890.380.240.66-0.3-0.660.83
0.590.530.440.870.30.690.060.710.750.920.75-0.37-0.50.720.460.42-0.790.830.850.370.110.66-0.12-0.630.85
0.30.28-0.080.86-0.060.68-0.390.281.00.710.75-0.62-0.340.40.030.33-0.520.630.810.060.530.91-0.32-0.750.69
0.13-0.180.15-0.440.62-0.590.240.26-0.62-0.45-0.37-0.620.13-0.140.24-0.360.4-0.28-0.60.54-0.37-0.630.720.89-0.35
-0.83-0.6-0.47-0.63-0.55-0.62-0.28-0.45-0.34-0.59-0.5-0.340.13-0.64-0.81-0.760.46-0.67-0.41-0.67-0.36-0.190.420.27-0.61
0.830.940.650.770.370.790.660.590.40.870.720.4-0.14-0.640.790.76-0.620.960.660.620.130.42-0.3-0.40.68
0.90.70.730.470.730.420.630.660.030.550.460.030.24-0.810.790.61-0.440.70.220.87-0.06-0.02-0.130.030.51
0.670.850.410.610.150.870.560.170.330.670.420.33-0.36-0.760.760.61-0.370.740.60.380.470.26-0.6-0.460.5
-0.51-0.44-0.37-0.64-0.26-0.59-0.11-0.69-0.52-0.81-0.79-0.520.40.46-0.62-0.44-0.37-0.66-0.65-0.240.02-0.510.190.51-0.83
0.810.870.560.920.330.860.440.590.630.940.830.63-0.28-0.670.960.70.74-0.660.780.570.270.61-0.35-0.540.77
0.410.570.20.84-0.020.850.060.410.810.890.850.81-0.6-0.410.660.220.6-0.650.780.10.420.69-0.28-0.820.77
0.880.520.560.420.90.230.430.70.060.380.370.060.54-0.670.620.870.38-0.240.570.10.01-0.010.180.280.4
0.150.22-0.490.44-0.140.51-0.19-0.190.530.240.110.53-0.37-0.360.13-0.060.470.020.270.420.010.39-0.34-0.380.22
0.270.35-0.040.79-0.190.63-0.270.170.910.660.660.91-0.63-0.190.42-0.020.26-0.510.610.69-0.010.39-0.43-0.730.58
-0.18-0.46-0.12-0.360.43-0.59-0.150.4-0.32-0.3-0.12-0.320.720.42-0.3-0.13-0.60.19-0.35-0.280.18-0.34-0.430.64-0.2
-0.1-0.38-0.03-0.660.44-0.720.110.02-0.75-0.66-0.63-0.750.890.27-0.40.03-0.460.51-0.54-0.820.28-0.38-0.730.64-0.57
0.60.470.280.790.340.690.020.690.690.830.850.69-0.35-0.610.680.510.5-0.830.770.770.40.220.58-0.2-0.57
Click cells to compare fundamentals

Signet Jewelers Account Relationship Matchups

Signet Jewelers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.2B6.6B6.6B6.8B3.4B
Short Long Term Debt Total2.4B1.7B1.5B1.3B1.2B752.8M
Other Current Liab724.7M116.8M501.6M638.7M400.2M338.7M
Total Current Liabilities1.7B2.0B2.1B2.2B2.0B2.1B
Total Stockholder Equity1.8B1.8B2.2B2.2B2.8B1.6B
Property Plant And Equipment Net2.4B2.0B1.8B1.6B1.5B1.6B
Net Debt2.0B498.8M33.9M163.5M(135M)(128.3M)
Retained Earnings2.2B2.2B2.9B3.1B3.8B4.0B
Cash374.5M1.2B1.4B1.2B1.4B1.4B
Non Current Assets Total3.1B2.6B2.8B3.1B3.3B3.4B
Non Currrent Assets Other181.4M180.4M213.8M272.1M311.5M327.1M
Cash And Short Term Investments374.5M1.2B1.4B1.2B1.4B1.4B
Net Receivables45.1M88.7M18.3M24.1M18.8M17.9M
Common Stock Shares Outstanding51.8M52M63M56.7M54M102.5M
Liabilities And Stockholders Equity6.3B6.2B6.6B6.6B6.8B3.4B
Non Current Liabilities Total2.8B2.3B2.3B2.1B2.0B2.1B
Inventory2.3B2.0B2.1B2.2B1.9B1.3B
Other Current Assets403.5M293.4M233.4M165.9M202.5M106.4M
Other Stockholder Equity(739.5M)(721.4M)(975.5M)(1.3B)(1.4B)(1.3B)
Total Liab4.5B4.3B4.4B4.4B4.0B4.2B
Property Plant And Equipment Gross2.4B2.0B1.8B1.6B2.9B3.1B
Total Current Assets3.2B3.6B3.7B3.5B3.5B2.4B
Accumulated Other Comprehensive Income(293.4M)(290.1M)(350.5M)(263.8M)(264.9M)(251.7M)
Short Term Debt433.8M754.6M300M288.2M408M253.4M
Accounts Payable227.9M812.6M899.8M879M735.1M771.9M
Other Liab853.3M1.1B1.1B1.1B1.3B1.3B
Net Tangible Assets1.3B773.3M765.2M419.5M482.4M458.3M
Other Assets189.8M212.2M251.1M308.8M28.2M26.8M
Long Term Debt515.9M146.7M147.1M147.4M169.5M161.0M
Good Will248.8M238M484.6M751.7M754.5M792.2M
Deferred Long Term Liab5.2M85.1M168.5M219.6M252.5M256.8M
Short Long Term Debt44M78.8M95.6M147.7M169.9M178.3M
Treasury Stock(1.0B)(984.9M)(980.2M)(1.2B)(1.1B)(1.0B)
Intangible Assets263.8M179M314.2M407.4M402.8M422.9M
Property Plant Equipment741.9M2.0B1.8B1.6B1.9B2.0B

Currently Active Assets on Macroaxis

When determining whether Signet Jewelers is a strong investment it is important to analyze Signet Jewelers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Signet Jewelers' future performance. For an informed investment choice regarding Signet Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Other Specialty Retail space 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 Signet Jewelers. If investors know Signet 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 Signet Jewelers 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
1.138
Dividend Share
1.04
Earnings Share
8.67
Revenue Per Share
154.687
Quarterly Revenue Growth
(0.08)
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' 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 Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' 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 Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.