Signet Net Receivables vs Non Current Liabilities Total Analysis
SIG Stock | USD 99.98 2.11 2.07% |
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 Net Receivables and its Non Current Liabilities Total 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.
Net Receivables vs Non Current Liabilities Total
Net Receivables vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signet Jewelers Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Signet Jewelers' Net Receivables and Non Current Liabilities Total is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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' Net Receivables and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Signet Jewelers are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Signet Jewelers' Net Receivables and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Non Current Liabilities Total
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 Profit | 3.1B | 3.1B | 2.8B | 3.0B | Total Revenue | 7.8B | 7.8B | 7.2B | 3.7B |
Signet Jewelers fundamental ratios Correlations
Click cells to compare fundamentals
Signet Jewelers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Signet Jewelers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.2B | 6.6B | 6.6B | 6.8B | 3.4B | |
Short Long Term Debt Total | 2.4B | 1.7B | 1.5B | 1.3B | 1.2B | 752.8M | |
Other Current Liab | 724.7M | 116.8M | 501.6M | 638.7M | 400.2M | 338.7M | |
Total Current Liabilities | 1.7B | 2.0B | 2.1B | 2.2B | 2.0B | 2.1B | |
Total Stockholder Equity | 1.8B | 1.8B | 2.2B | 2.2B | 2.8B | 1.6B | |
Property Plant And Equipment Net | 2.4B | 2.0B | 1.8B | 1.6B | 1.5B | 1.6B | |
Net Debt | 2.0B | 498.8M | 33.9M | 163.5M | (135M) | (128.3M) | |
Retained Earnings | 2.2B | 2.2B | 2.9B | 3.1B | 3.8B | 4.0B | |
Cash | 374.5M | 1.2B | 1.4B | 1.2B | 1.4B | 1.4B | |
Non Current Assets Total | 3.1B | 2.6B | 2.8B | 3.1B | 3.3B | 3.4B | |
Non Currrent Assets Other | 181.4M | 180.4M | 213.8M | 272.1M | 311.5M | 327.1M | |
Cash And Short Term Investments | 374.5M | 1.2B | 1.4B | 1.2B | 1.4B | 1.4B | |
Net Receivables | 45.1M | 88.7M | 18.3M | 24.1M | 18.8M | 17.9M | |
Common Stock Shares Outstanding | 51.8M | 52M | 63M | 56.7M | 54M | 102.5M | |
Liabilities And Stockholders Equity | 6.3B | 6.2B | 6.6B | 6.6B | 6.8B | 3.4B | |
Non Current Liabilities Total | 2.8B | 2.3B | 2.3B | 2.1B | 2.0B | 2.1B | |
Inventory | 2.3B | 2.0B | 2.1B | 2.2B | 1.9B | 1.3B | |
Other Current Assets | 403.5M | 293.4M | 233.4M | 165.9M | 202.5M | 106.4M | |
Other Stockholder Equity | (739.5M) | (721.4M) | (975.5M) | (1.3B) | (1.4B) | (1.3B) | |
Total Liab | 4.5B | 4.3B | 4.4B | 4.4B | 4.0B | 4.2B | |
Property Plant And Equipment Gross | 2.4B | 2.0B | 1.8B | 1.6B | 2.9B | 3.1B | |
Total Current Assets | 3.2B | 3.6B | 3.7B | 3.5B | 3.5B | 2.4B | |
Accumulated Other Comprehensive Income | (293.4M) | (290.1M) | (350.5M) | (263.8M) | (264.9M) | (251.7M) | |
Short Term Debt | 433.8M | 754.6M | 300M | 288.2M | 408M | 253.4M | |
Accounts Payable | 227.9M | 812.6M | 899.8M | 879M | 735.1M | 771.9M | |
Other Liab | 853.3M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Net Tangible Assets | 1.3B | 773.3M | 765.2M | 419.5M | 482.4M | 458.3M | |
Other Assets | 189.8M | 212.2M | 251.1M | 308.8M | 28.2M | 26.8M | |
Long Term Debt | 515.9M | 146.7M | 147.1M | 147.4M | 169.5M | 161.0M | |
Good Will | 248.8M | 238M | 484.6M | 751.7M | 754.5M | 792.2M | |
Deferred Long Term Liab | 5.2M | 85.1M | 168.5M | 219.6M | 252.5M | 256.8M | |
Short Long Term Debt | 44M | 78.8M | 95.6M | 147.7M | 169.9M | 178.3M | |
Treasury Stock | (1.0B) | (984.9M) | (980.2M) | (1.2B) | (1.1B) | (1.0B) | |
Intangible Assets | 263.8M | 179M | 314.2M | 407.4M | 402.8M | 422.9M | |
Property Plant Equipment | 741.9M | 2.0B | 1.8B | 1.6B | 1.9B | 2.0B |
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 8.49 | 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.